Persistent inflation remains a significant burden on the cost of living for numerous Americans. A variety of innovative solutions have surfaced — yet they share a common thread: increasing consumer indebtedness. This week’s proposal for a 50-year mortgage from the Read More …
The major index futures indicate a potential increase at the open on Wednesday, suggesting that stocks may trend upward after the mixed performance observed in the prior session. Technology stocks could potentially drive an initial upward movement, as indicated by Read More …
The Dow experienced a notable increase, supported by positive sentiment regarding the potential resolution of the US government shutdown within the week. The Dow increased by 559 points, representing a rise of 1.18%, concluding at an unprecedented level of 47,927.96. Read More …
President Donald Trump, facing the escalating affordability challenges in the United States, has proposed an unconventional remedy: distributing rebate checks to Americans funded by the tariffs collected during his administration. “Individuals who oppose tariffs are misguided!” Trump made a post Read More …
The major index futures indicate a significant increase at the open on Monday, suggesting that stocks are poised to recover after experiencing notable weakness in the previous week. The recent upward momentum observed follows the Senate’s decision to advance legislation Read More …
The latest addition to the Federal Reserve’s policymaking team brings a distinctive viewpoint on the US economy that is encountering challenges in gaining acceptance. In September, President Donald Trump appointed Stephen Miran, a prominent economic adviser, to temporarily occupy a Read More …
This week, technology stocks experienced significant declines amid ongoing concerns regarding high valuations and the possibility of an artificial intelligence bubble. The Nasdaq Composite experienced a decline of 0.21% on Friday. The technology-focused index experienced a decline of 3.04% over Read More …
The unprecedented government shutdown has resulted in a deterioration of Americans’ perceptions regarding the economic outlook. The most recent consumer sentiment survey indicates a decline in the index, which has decreased to 50.3 this month from 53.6 in October. The Read More …
The major index futures indicate a lower opening on Friday, suggesting that stocks may experience additional declines following the significant pullback observed in the prior session. Concerns regarding valuations are likely to persist on Wall Street, as investors have recently Read More …
The likelihood of businesses obtaining tariff refunds increased markedly on Wednesday, following the Trump administration’s arguments to maintain the majority of its levies, which were met with considerable skepticism from various conservative and liberal justices on the Supreme Court. According Read More …