Tumult in the Corridors
In corridors of power, frustration simmers as senior trade officials disillusioned by inertia gripping Biden’s trade agenda and disenchanted by leadership of President Biden’s trade chief, Katherine Tai, depart. T...
U.S. Strikes
On a recent Thursday, the United States took action against a shipping company based in the United Arab Emirates, Hennesea Holdings Limited, for allegedly transporting Russian crude oil at prices ...
Cash, Trump, and Common Ground
In a unique twist, the Republican National Committee (RNC) is breaking traditional molds by reaching out to donors, even those across party lines, to secure funding for its 2024 convention, navigating the complexities ...
EV Tax Credits in Peril
Senator Joe Manchin, Chair of the Senate Energy and Natural Resources Committee, is calling on Congress to reconsider recent guidance from the Treasury Department on electric vehicle (EV) tax credits....
Fed's Bold Strategy Shift
For the first time in nearly two years, the Federal Reserve is set to keep its key short-term interest rate unchanged for a second consecutive policy meeting. This reflects a significant shift ...
Casino Powerhouse
A recent American Gaming Association study unveils the U.S. casino industry's remarkable annual contribution of $329 billion to the national economy, signaling robust growth of 26% since 2017, prior to the pandemic.
This industry ...
UAW Strikes Shake the Auto Industry
The automotive industry is facing significant workforce reductions as United Auto Workers (UAW) strikes persist.
Ford's Layoffs
On Monday, Ford announced layoffs affecting approximately 330 employees&n...
Brewing Success
On Friday, stock futures are indicating a positive start as Wall Street eagerly anticipates the latest U.S. inflation data, concluding what has been a challenging month for equities this year.
Key highlights for Friday
Nike's stock...
Currency Rollercoaster
The Japanese yen dipped significantly after comments by BOJ Governor Kazuo Ueda hinted at a shift from the bank's negative interest rate policy. Meanwhile, the US dollar reboun...
Reviving US-China Business Ties
US Commerce Secretary Gina Raimondo's success in reopening business talks with Beijing eases tensions. Yet, American firms hesitate to recommit to the volatile Chinese market. Raimondo aims to restore commun...
Tax Breaks or Tax Burden
On Tuesday, the St. Louis County Council took a significant step toward an innovative economic partnership with Boeing, a leading aerospace company. The project offers major tax incentives for Boeing, aiming to reshape the r...
Inflation Plummets
President Joe Biden's top economic adviser, Lael Brainard, delivered a speech to the Economic Club of New York, highlighting the positive impact of Biden's policies on the US econo...
Market highlights
It start with a brief overview of the market conditions, mentioning the slight gains in September E-Mini S&P 500 futures (ESU23) and Sep Nasdaq 100 E-Mini futures (NQU23) this morning.
U.S. Durable Goods Orders Report:
Highli...
Fed's Pause Sparks Panic Selling
Jim Cramer, a renowned CNBC expert, provided valuable investor insights on Wednesday concerning the recent Federal Reserve meeting. The Fed's announcement of a temporary rate hike pause, along with indications of pot...
Retailers Beware
The shifting landscape of consumer behavior has sparked concerns for the US economy, with major retailers such as Macy's, Costco, and Dollar General reporting notable changes in shopper preferences. These shifts in buying patterns a...
The looming danger
Regional and commercial bank stocks witnessed a significant decline in response to Treasury Secretary Janet Yellen's assertion of inevitable bank mergers, as reported by CNN. This article delves into the details of the market reac...
The two-fаced campaign
Introduce Vivek Ramaswamy and his campaign message urging companies to stay out of politics.
However, private emails obtained by watchdog Documented and reviewed by CNBC reveal that Strive Asset Management, the asset manageme...
Stock futures soften ahead of CPI report
Stock futures in the US are trading lower on Wednesday as investors prepare for the release of the Consumer Price Index (CPI) report for April. The report is expected to shed light on whet...
Political standoff over debt limit
The current political standoff over the debt limit has experts warning of severe turbulence in the financial markets. This article will explore the potential consequences of a failure to reach an agreement, includi...
The grocery perception problem
Perception is a powerful force, and in the world of grocery retail, it can drive customers away from even the biggest national and regional chains. You've probably heard it from friends and family: complaints about how...
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