Business

Donald Trump has announced a sweeping list of nominees for his administration, signaling his intent to form a leadership team that reflects his policy priorities and loyalty to his agenda. Appointments, made after Trump’s re-election victory, include high-profile names from politics, business, and media, some of whom bring significant controversy to ir roles.  Energy Secretary: […]

Dow Jones Industrial Average and S&P 500 closed above critical milestones on Monday, buoyed by investor enthusiasm following the U.S. presidential election.  “Trump trade,” reflecting optimism around President-elect Donald Trump’s expected tax cuts and deregulation policies, drove both stock and cryptocurrency markets higher.  Dow surged nearly 0.7%, closing above 44,000 for the first time in

Fiscal Sustainability Concerns  Federal Reserve Chair Jerome Powell highlighted concerns about the U.S. fiscal path, deeming it “unsustainable” due to high federal debt levels relative to the economy, alongside a large federal deficit. Powell pointed to a strong job market and urged the government to address fiscal challenges, warning that unchecked debt levels could ultimately

On the final day before the U.S. presidential election, stock markets slipped as investors turned cautious, shifting focus to safer assets in response to the unpredictable political climate.  Dow Jones Industrial Average shed 175 points, or 0.4%, while  S&P 500 and Nasdaq Composite both posted similar declines of 0.25% and 0.6%, respectively. This drop followed

On Wednesday, major U.S. stock indexes fell as corporate earnings reports and fresh economic data presented a mixed picture for investors.  Nasdaq Composite slipped 0.6%, retreating from its intraday high, while the S&P 500 and Dow Jones Industrial Average dropped 0.3% and 0.2%, respectively. Wall Street is keeping a close watch on additional reports from