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Tag: U.S. economy

WEST PALM BEACH, FLORIDA - NOVEMBER 06: Republican presidential nominee, former U.S. President Donald Trump arrives to speak during an election night event at the Palm Beach Convention Center on November 06, 2024 in West Palm Beach, Florida. Americans cast their ballots today in the presidential race between Republican nominee former President Donald Trump and Vice President Kamala Harris, as well as multiple state elections that will determine the balance of power in Congress. (Photo by Chip Somodevilla/Getty Images)

Trump Suggests U.S. Should Retake Control Of The Panama Canal

President-elect Donald Trump has threatened to take control of the Panama Canal after accusing Panama of charging the United States exorbitant prices to utilize the Central American passage.

Read More Trump Suggests U.S. Should Retake Control Of The Panama Canal
Russian President Vladimir Putin and Chinese President Xi Jinping speak during a plenary session in the outreach/BRICS Plus format at the BRICS summit in Kazan on October 24, 2024. (Photo by Maxim Shemetov / POOL / AFP) (Photo by MAXIM SHEMETOV/POOL/AFP via Getty Images)

Trump Warns Of 100% Tariffs For BRICS Countries Looking To Break Away From U.S. Dollar

President-elect Donald Trump revealed plans to enact a 100% tariff on BRICS countries, should they attempt to move away from utilizing the U.S. dollar within international trade.

Read More Trump Warns Of 100% Tariffs For BRICS Countries Looking To Break Away From U.S. Dollar
TYSONS, VA - AUGUST 22: A hiring sign is displayed in front of Abercrombie & Fitch at the Tysons Corner Center mall on August 22, 2024 in Tysons, Virginia. According to reports, over 800,000 fewer jobs were created within the U.S. economy than originally reported in the 12-month period, 30% less than the previously reported 2.9 million from April 2023 through March, 2024. (Photo by Anna Rose Layden/Getty Images)

Report: Job Openings Fall To Lowest Level Since Biden Took Presidency

Job openings across America spiraled down to their lowest level since the beginning of 2021, a very concerning notion that the labor market is cooling. 

Read More Report: Job Openings Fall To Lowest Level Since Biden Took Presidency
An Nvidia Blackwell GPU is displayed at COMPUTEX in Taipei, Taiwan June 4, 2024. REUTERS/Ann Wang/File Photo

Nvidia’s stock swoon turns attention to Big Tech’s sway over markets

Shares of Nvidia and other Big Tech stocks have helped power the markets run to record highs this year.

Read More Nvidia’s stock swoon turns attention to Big Tech’s sway over markets
A woman shops for groceries at El Progreso Market in the Mount Pleasant neighborhood of Washington, D.C., U.S., August 19, 2022. REUTERS/Sarah Silbiger/File Photo

US consumer spending solid in July; inflation rises moderately

Consumer spending increased solidly in July, arguing against a half-percentage-point interest rate cut from the Federal Reserve next month.

Read More US consumer spending solid in July; inflation rises moderately
NEW YORK, NEW YORK - APRIL 29: Traders work on the floor of the New York Stock Exchange during morning trading on April 29, 2024 in New York City. Stocks opened high Monday morning amid a Federal Reserve rate decision and the monthly jobs report later this week. (Photo by Michael M. Santiago/Getty Images)

S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge

The Nasdaq and the S&P 500 hit record highs on Wednesday as strength in Nvidia and other mega stocks supported Wall Street’s winning streak.

Read More S&P 500, Nasdaq scale record highs as Nvidia leads megacap charge

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A photo taken 08 October 2004 in Oslo shows the Nobel Peace Prize medal. (Photo by Gunnar Lier / NTB / AFP) (Photo by GUNNAR LIER/NTB/AFP via Getty Images)
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