The U.S. decision to eliminate the “de minimis” exemption, which previously allowed duty-free entry of low-value goods, has triggered widespread disruption in global e-commerce. Until recently, this streamlined […]
Markets
Posted on:
Trump Considers Hassett, Warsh, and Waller for Federal Reserve Chair
U.S. President Donald Trump has narrowed his selection for the next Federal Reserve chair to three primary candidates: Kevin Hassett, Kevin Warsh, and Christopher Waller. The announcement came […]
Markets
Posted on:
Treasury Investors Remain Focused on Economic Fundamentals Despite Geopolitical and Policy Turmoil
Despite ongoing trade tensions and signs of economic uncertainty, financial markets have shown resilience, particularly in equities. This week on Trumponomics, Stephanie Flanders speaks with Anna Wong from […]
Markets
Posted on:
German Factory Orders Fall Sharply in July, Dimming Recovery Prospects
German factory orders experienced an unexpected decline in July, dropping 2.9% compared to the prior month, according to official data released on Friday. This marks the largest monthly […]
Markets
Posted on:
US Stocks Dip Amid Weak Jobs Data and Recession Worries
On Friday, the S&P 500 Index ($SPX) declined by -0.32%, the Dow Jones Industrial Average ($DOWI) dropped -0.48%, while the Nasdaq 100 ($IUXX) edged up +0.08%. September E-mini […]
Markets
Posted on:
Wall Street Retreats on Jobs Data Sparking Economic Concerns
Major U.S. stock indexes closed lower as newly released employment figures intensified worries about the health of the economy. The August jobs report showed weaker-than-expected labor market growth, […]
Markets
Posted on:
Weak Private Sector Hiring in US Sparks Economic Concerns
A report released Thursday by payroll processor “ADP” revealed that US private employers added just 54,000 jobs in August, signaling ongoing weakness in labor market data and fueling […]
Markets
Posted on:
TSX Climbs to Seventh Consecutive Gain Amid Tech and Financial Sector Strength
On September 4, Canada’s primary equity benchmark extended its winning streak to seven sessions, closing at a fresh all-time high as gains in technology and financial equities fueled […]
Markets
Posted on:
Philadelphia Transit Cuts Could Disrupt Commutes and Regional Economic Activity
Heather Yost, a 51-year-old clinical research nurse at Penn Medicine in Philadelphia, currently commutes 45 minutes by train three times a week from her home in Exton, Pennsylvania. […]
Markets
Posted on:
Treasury Yields Drop as Job Market Data Signals Economic Slowdown
US Treasury yields fell on Wednesday following the release of July labor market data that pointed to a weakening economy, prompting investors to anticipate a near-term interest rate […]