The financial condition of low-income Americans has worsened over the past year, with more shoppers unable to afford basic necessities. This concerning trend is highlighted by Dollar General, […]
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Trump’s Tesla Event Draws Attention and Calls for Ethics Probe
Former President Donald Trump’s endorsement of Tesla has drawn significant attention, impacting Elon Musk’s business. Meanwhile, calls for an ethics probe into a Tesla-related White House event have […]
Markets
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Stock Market Reacts to Inflation Report: Intel Gains While Adobe Declines
The stock market experienced fluctuations today as Dow, S&P 500, and Nasdaq futures reduced their losses following the release of an inflation report. Intel saw a rise in […]
Banks
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Citigroup Plans to Reduce IT Contractors and Expand In-House Staff
Citigroup intends to cut its reliance on external IT contractors from 50% to 20%, according to an internal presentation by technology head Tim Ryan. The bank plans to […]
Banks
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GQG Partners’ Fund Outperforms S&P 500 Amid Market Volatility
GQG Partners’ U.S. Select Quality Equity Fund (GQEPX) has outperformed the S&P 500 over the past five years. Rated five stars by Morningstar, GQEPX is down just 3% […]
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Growing Backlash Against Elon Musk Leads to Tesla Boycotts
A growing movement against Elon Musk has led to protests at Tesla dealerships across the US, including in Chicago. Many Tesla owners are trading in their vehicles due […]
Economy
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Wholesale inflation flattens out in February in another sign of easing inflation
Wholesale prices remained unchanged in February, providing further evidence that inflation pressures have eased after a recent increase. — news from MarketWatch
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Dollar General CEO warns consumers are cash-strapped, and says 2025 won’t be better
Dollar General CEO Todd Vasos stated on Thursday that inflation continues to negatively affect the company’s customers, and the macroeconomic environment is not expected to improve this year. […]
Markets
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Stock futures slip as markets remain on edge ahead of another key inflation report
Stock futures experienced a decline on Thursday as investors braced for another critical inflation report. Futures tied to the broad market index dropped by 0.3%, while those linked […]
Economy
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Conservative Media Downplays Market Volatility Amid Tariff Concerns
As markets experienced significant declines, conservative media outlets largely downplayed or ignored the sell-off. Right-leaning platforms such as The New York Post, The Daily Caller, One America News, […]