President Donald Trump is set to announce new tariffs on foreign automobiles. This move marks a significant escalation ahead of the April 2 deadline. The announcement will take […]
Economy
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Consumer confidence plummets to lowest level since January 2021
The economic mood in America continues to worsen as consumer confidence dropped by 7.2 points this month, reaching a reading of 92.9 according to the Conference Board’s latest […]
Economy
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Over 9 Million Student Loan Borrowers Past Due After Payment Pause Ends
An estimate by the Federal Reserve Bank of New York indicates that 9.7 million student loan borrowers became past due on their payments after the Covid-era payment pause […]
Economy
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Wall Street bonuses hit record $47.5B in 2024
In 2024, Wall Street’s bonus pool reached a record high of $47.5 billion, reflecting an average bonus of $244,700 per banker, marking a 31% increase from the previous […]
Economy
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The Golden Age of Private Equity is Over: Implications for Careers
Wall Street’s era of private equity dominance is slowing down after nearly 25 years of outperforming the stock market. Earlier this month, Hamilton Lane reported that the MSCI […]
Economy
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Tesla Banned from Canadian EV Rebate Program Amid Investigation
Tesla has been excluded from future federal EV rebate programs in Canada as the government investigates $43 million in rebates claimed by Tesla just before the program was […]
Economy
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Potential Copper Import Tariffs by Trump Administration Could Happen Sooner Than Expected
According to sources familiar with the matter, the US could implement tariffs on copper imports within several weeks, much earlier than the previously set deadline. This news has […]
Economy
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Delaware Considers Easing Governance Laws Amid Corporate Exodus Threat
There is a growing concern among policymakers in Delaware regarding the potential exodus of corporations. In response to this threat, there are discussions about softening governance laws to […]
Economy
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Tesla’s Demand Hit: Cathie Wood Attributes It to More Than Just Elon Musk’s Politics
Cathie Wood, a prominent Tesla bull, has stated that the recent demand hit Tesla is experiencing is not solely due to Elon Musk’s political stance but also due […]
Economy
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Consumer confidence plummets to lowest level since January 2021
The economic mood in America continues to worsen as consumer confidence slid 7.2 points this month to a reading of 92.9, according to the Conference Board’s latest survey. […]