This week, investors will focus on inflation data, retail sales, and remarks from Fed Chair Jerome Powell amid ongoing U.S.-China trade discussions. Inflation data is scheduled for Tuesday, […]
Economy
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Wary Investors Hope US-China Talks Cool High-Stakes Trade War
Investors are cautiously optimistic that U.S.-China trade talks may ease tensions between the world’s two largest economies, though they do not expect immediate breakthroughs. The meeting in Switzerland […]
Economy
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DEI Gains Momentum in Shareholder Meetings Across Corporate America, Including Coca-Cola and Berkshire Hathaway
Diversity, Equity, and Inclusion (DEI) initiatives have taken center stage in shareholder meetings across corporate America. Companies such as Coca-Cola and Berkshire Hathaway have witnessed significant support for […]
Economy
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Tariffs and Debt Threaten Dollar’s Role as Global Reserve Currency
The U.S. dollar’s dominance as a global reserve currency is being challenged by increasing tariffs and mounting national debt. Experts warn that these factors could lead to a […]
Economy
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China’s Consumer Deflation Extends for Third Month Amid Tariffs
China experienced its third month of consumer deflation in April. The ongoing tariffs imposed by the US have exacerbated the issue, adding pressure to already weak domestic demand. […]
Economy
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Trump’s Tariffs Impact Truckers as Overseas Shipments Decline
The implementation of Trump’s tariffs has significantly affected overseas shipments, impacting truckers and port operations. Cargo at the Port of Los Angeles has decreased by 35%, reflecting broader […]
Economy
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The Decline of the U.S. Dollar’s Global Dominance
The era of the U.S. dollar’s dominance may be coming to an end, according to Kenneth Rogoff, a professor of economics at Harvard University. In his latest book, […]
Economy
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Challenges and Nostalgia Surrounding the Return of Factory Jobs
President Trump’s promise to bring factory jobs back has sparked discussions about the feasibility and cultural significance of such a move. Since its peak in 1979, American manufacturing […]
Economy
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Trump’s Trade Policies Complicate the Fed’s Ability to Lower Rates
President Donald Trump has consistently pushed for lower interest rates, criticizing the Federal Reserve publicly. However, his unpredictable trade policies have complicated the Fed’s ability to act on […]
Economy
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Trump’s Criticism of the Fed Could Undermine US Economic Stability
The Federal Reserve played a crucial role in preventing a recession in 2024 by carefully adjusting interest rates to reduce inflation without significantly slowing economic growth. However, President […]