US Household Debt Hits Record as Credit Card Stress Rises
American households are feeling the pinch of rising debt as total household debt hit an unprecedented $17.9 trillion in the last quarter, according to the [more…]
Gold Prices Hold Steady Amid CPI Data as Uptrend Persists
Early on Wednesday, the U.S. Consumer Price Index (CPI) numbers met expectations, leading to a stabilization in the gold market and signaling the potential continuation [more…]
Stock Market Soars on Trump Win, but Bond Yields Signal Caution
Investors have embraced a wave of optimism following Donald Trump’s presidential election win, sending U.S. stocks to record heights. The Dow Jones Industrial Average closed [more…]
Israeli Forces Advance into Gaza’s Nuseirat Camp Amid Rising Violence
In a significant escalation, Israeli forces moved tanks into the western section of Gaza’s Nuseirat refugee camp on Monday, sparking widespread fear and chaos among [more…]
US Job Market Wobbles Amid Strikes, Hurricanes, Fed Cuts
Last week’s slight uptick in new unemployment claims indicates little overall change in the U.S. labor market but highlights October’s near-stagnant job growth, primarily driven [more…]
Trump’s Tariffs: Goldman Sachs Warns of EU Economic Woes
President-elect Donald Trump’s proposed protectionist policies, particularly his pledge to impose steep tariffs on imported goods, are casting a shadow over Europe’s economic outlook. Investment [more…]
Trump’s Win Spurs Tech Uncertainty: AI, Antitrust, Tariffs
Donald Trump’s reelection as the 47th President has raised pivotal questions about the future of the U.S. tech industry. With potential shifts in AI regulation, [more…]
Voters Weigh in on Key Issues in 2024 Election Showdown
As millions of Americans head to the polls for the 2024 presidential election, two key issues have dominated the conversation: abortion rights and immigration. Voters [more…]
Schneider Electric Ousts CEO Peter Herweck in Surprise Move
In a surprising move, Schneider Electric (SCHN.PA) has removed CEO Peter Herweck from his position due to differences in how the company’s strategy was being [more…]
Super Micro Stock Plummets Amid Auditor Exit, DOJ Probe
Super Micro investors have seen the company’s stock nosedive this week, dropping another 10% on Friday, capping a staggering 44% sell-off over the past week. [more…]
