US economy

Strong US Economy Masks Struggles of Low-Income Consumers

One of the primary foundations preventing the U.S. economy from entering a recession-resilient family spending-is beginning to show signs of weakness.

The Dollar Milkshake Theory: What You Need to Know

A few months ago, I was visiting a financial literary conference in Harlem when someone introduced me to the "Dollar Milkshake Theory." This changed everything.

Trump Triumphs: Supreme Court Rules States Can't Nix The Donald from Election Ballot

As we inch closer to Super Tuesday, one thing is clear: the 2024 presidential election is shaping up to be one for the history books. With Trump back in the race, the stakes are higher, and the suspense is palpable.

Pay the Taxman Nothing: Your 2024 Guide to a Zero-Tax Return

Paying zero in taxes might seem like a pipe dream, but with careful planning and a solid understanding of tax laws, it's potentially within reach. So, as we gear up for the 2024 tax season, keep these tips in mind.

Latest Numbers Paint Brighter Picture for US Economy

According to a study issued on Monday, the U.S. economy is expected to do far better this year than business experts were predicting only a few months ago.

How Robots Saved the US Economy

Due to a persistent lack of workers, many businesses have had to invest in machines to perform some of the labor that has to be done by humans.

Wages Rising, Jobs Soaring: Can the US Economy Maintain This Momentum?

Employers across the country launched an impressive hiring spree to start 2024, adding 353,000 new positions in January alone, the most recent indication of the economy's resilience in the face of the highest interest rates in two decades.

U.S. Growth Slows, But Resilience Shines Through

U.S. Growth Slows 3.3%, But Resilience Shines Through

The US economy was predicted to have entered a recession by now due to a decline in borrowing and expenditure due to the highest interest rates in twenty years.

Top Citi Strategist Foresees Healthy Economic Rebound

In order to restore sustainable growth and put inflation back to goal, the global economy does not require a "collapse," according to Steven Wieting, chief economist and investment strategist at Citi Global Wealth.

Analysts Predict Steady Growth for US Economy in 2024, Dispelling Recession Fears

Many people were afraid that 2023 would bring about a recession. It proved to be a very resilient year.

Investors Flee US Stocks as Economic Data Hints at a Possible Downturn

In the tumultuous landscape of U.S. financial markets, the seven days leading up to December 6 unfolded as a continuation of withdrawals from U.S. stock funds for a second consecutive week.

CEOs Urge Lawmakers: Pump the Brakes on Regulations, Risk Economic Fallout

The heads of Wall Street's largest banks appeared on Capitol Hill on Wednesday to ask senators to stop the Biden administration's proposed changes to how banks are regulated, warning that the new proposals could harm the economy at a time of geopolitical turmoil and inflation.

Inflation Cools, Stocks Surge: Dow Rebounds with 489-Point Jump

Tuesday saw a sharp increase in US stock prices as investors cheered the release of the October Consumer Price Index, which shocked them with lower-than-expected inflation statistics.

China Beats US as Top FDI Destination; Is this President Biden's Biggest Challenge?

The year 2020 also the first year in history that foreign direct investment in China overtook that of the US. Will this affect President Biden's leadership?

US jobs increase in Trump's first full month projecting economic optimism

Employers added 235,000 US jobs in February as per a Labor Department report released on Friday.

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Latest Stories

How Copper Fuels Infrastructure Development from Power Grids to Telecom

Copper's use in global infrastructure development is becoming increasingly critical, especially as emerging markets expand and industrialize. The metal, valued for its electrical conductivity, is now indispensable in energy grids, transportation networks, and telecommunications. As nations worldwide focus on upgrading infrastructure to meet the demands of modern economies and climate targets, copper demand is set to rise continually year over year.

A Busy October for H.I.G. Capital: Multi-Sector Investments Reflecting Market Agility

As global markets continue to present both challenges and opportunities, H.I.G. Capital, the Miami-based alternative investment powerhouse, has launched a series of strategic moves that underscore its agility and foresight. With $65 billion of capital under management, H.I.G. has long been known for its diverse investment approach. However, the firm's activities in October 2024 paint a picture of a company not just participating in market trends but actively shaping them.

The Surge in Copper Prices: Predictions and Market Reactions

The global copper market has been experiencing a significant surge in prices, driven by supply constraints and increasing demand. This trend has caught the attention of investors, industry analysts, and policymakers alike, as copper is needed in various sectors, particularly in the growing fields of renewable energy and electric vehicles. Here are some of the key factors behind the price surge, market reactions, and future predictions for copper prices.

Beyond Wealth: Giving Compass for Business Simplifies Philanthropy for Financial Advisors

Giving Compass for Business, one of these innovations is gaining popularity since it provides a fresh method for incorporating generosity into wealth management.

Belgian Billionaire Shukhrat Ibragimov Puts Private Jet on Market for $46m

Shukhrat Ibragimov, the chairman of mining giant Eurasian Resources Group (ERG), has put his Dassault Falcon 8X up for sale for $46 million.

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IC Funded: Revolutionizing Prop Trading for Retail Traders

IC Markets has recently launched its proprietary trading platform, IC Funded, and it's already creating a buzz in the trading community. What started as a soft launch has now captured the attention of traders worldwide, highlighting a significant shift in how retail traders can access capital and participate in the markets.

Protecting Your Practice: The Importance of Professional Liability Insurance for Professionals

In today's complex and litigious business environment, professionals across various industries face numerous risks that could jeopardise their practice. From legal claims and client disputes to regulatory investigations, the potential threats are vast.

As Copper M&A Wars Escalate, Solaris Resources' Warintza Project Stands Out

The mining industry has been busy with mergers and acquisitions (M&A) activity in recent years, and 2024 has been one of the busiest. Major mining companies are all vying for a piece of the action in the promising copper sector. As the global push towards electrification and clean energy intensifies, the demand for copper—a critical component in electric vehicles, renewable energy systems, and infrastructure—is expected to soar. This has sparked even more interest from mining giants looking to secure their position for production.

Amin Makhlouf: Redefining Real Estate Transactions with Digital Innovation

In an industry often rooted in tradition, Amin Makhlouf brings a fresh perspective, combining youthful energy with groundbreaking ideas in real estate. As the founder of Makyee, he's transforming the way properties are bought and sold in Dubai, aiming to make these processes more accessible, efficient, and transparent.

Is Mr. Black Being Silenced by X in His Mission to Bring About the Messianic Age?

The enigmatic artist Mr. Black, known for his cryptic street art and ambitious 21,000-piece ordinal collection on the Bitcoin blockchain, claims that the Messianic Age will be revealed once the collection is fully minted. However, recent developments suggest that Mr. Black might be facing censorship on the social media platform X, formerly known as Twitter.

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