Tariffs have triggered a market meltdown, yet some individuals within the wealthy 1% perceive it as an opportunity to profit. Despite the economic challenges posed by tariffs, certain […]
Economy
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FTC Requests Delay of Amazon Trial Due to Staff Shortages
The US Federal Trade Commission (FTC) has requested a delay in the September trial against Amazon, citing significant resource shortages. During a hearing in Seattle, FTC attorney Jonathan […]
Economy
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American Eagle Warns of Slower Consumer Spending and Issues Weak Guidance
American Eagle informed investors that consumer spending is slowing down, marking a slower start to the year than anticipated. According to CEO Jay Schottenstein, “Entering 2025, the first […]
Markets
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Euro Rises Amid Ukraine Ceasefire Talks, Stocks Affected by Tariffs
The euro reached near five-month highs following Ukraine’s readiness to accept a month-long ceasefire proposal, while stocks fluctuated due to U.S. tariff plans on steel and aluminium imports. […]
Economy
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EPA Administrator Announces Rollback of Environmental Regulations
In a significant move described as the “most consequential day of deregulation in American history,” the Environmental Protection Agency (EPA) Administrator, Lee Zeldin, announced the rollback of several […]
Technology
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Intel Appoints Lip-Bu Tan as Chief Executive Officer
SANTA CLARA, Calif.–(BUSINESS WIRE)–Intel Corporation (Nasdaq: INTC) has announced that its board of directors has appointed Lip-Bu Tan as the new chief executive officer, effective March 18. Tan, […]
Uncategorized
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US Commerce Secretary: Metals Tariffs Unstoppable, Copper Protections Incoming
U.S. Commerce Secretary Howard Lutnick stated that nothing will halt President Donald Trump’s expanded 25% tariffs on steel and aluminum until domestic U.S. production is fortified, and that […]
Markets
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Hedge funds are selling stocks at a pace not seen in years
Hedge funds have been reducing their positions at the fastest rate observed in years, as tariffs and indications of slower economic growth have caused stock market volatility. Professional […]
Economy
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U.S. Budget Deficit Surges in February, Reaching $1 Trillion Year-to-Date
The U.S. debt and deficit situation worsened during President Donald Trump’s first month in office, with February’s budget shortfall surpassing $1 trillion despite the fiscal year being less […]