Trump to Nominate E.J. Antoni as BLS Commissioner
Heritage Foundation economist tapped for top labor statistics role President Donald Trump announced Monday that he intends to nominate E.J. Antoni, chief economist at the [more…]
Musk Threatens Apple With Antitrust Lawsuit
Dispute centers on App Store rankings of Grok chatbot Elon Musk has accused Apple of engaging in antitrust violations by allegedly favoring OpenAI’s ChatGPT over [more…]
July CPI to Test Impact of Tariffs on Inflation
Report expected to show slight acceleration The July Consumer Price Index, set for release Tuesday at 8:30 a.m. ET, is projected to reveal an annual [more…]
Wall Street dips ahead of key inflation report
Markets pull back as investors await CPI data U.S. stocks closed lower Monday as traders positioned ahead of Tuesday’s consumer inflation report, which could influence [more…]
Wealthy Drive Spending as Others Struggle
A K-Shaped Economy Emerges The U.S. economy is showing signs of a deep divide in consumer behavior. Wealthy households are sustaining overall spending levels, while [more…]
Tariff Confusion Clouds Gold Bar Market
New 39% Tariff Creates Uncertainty Gold prices have surged throughout 2025, but fresh U.S. Customs and Border Protection (CBP) guidance has sparked confusion among investors. [more…]
Warner Bros. Studios Boost Earnings on Box Office Hits
Second Quarter Driven by Strong Theatrical Releases Warner Bros. Discovery reported a significant increase in second-quarter earnings, fueled by the strong performance of several major [more…]
Eli Lilly Raises 2025 Outlook Amid Strong Drug Sales
Second-Quarter Results Exceed Analyst Expectations Eli Lilly reported stronger-than-expected second-quarter earnings on Thursday, driven by surging demand for its weight loss and diabetes treatments. The [more…]
Novo Nordisk Slips on Q2 Miss and Copycat Drug Pressures
Weak Earnings Follow Downward Guidance Revision Novo Nordisk shares traded lower in premarket action Wednesday after the pharmaceutical company missed Wall Street expectations on both [more…]
AMD Misses EPS Estimates Despite Strong Revenue Growth
AI Export Restrictions Weigh on Chipmaker’s Performance Advanced Micro Devices reported mixed second-quarter results, missing earnings estimates while exceeding revenue expectations. Adjusted earnings per share [more…]
