Wharton’s Jeremy Siegel says stock sell-off is ‘healthy’ as cautious Fed gives investors a ‘reality check’
Wharton's Jeremy Siegel expects the Fed to pare back the number of rate cuts next year, with just one or
Read More
U.S. Economy
Britain’s ‘mini-budget’ disaster should serve as a warning to the U.S., bond strategists say
Fears are mounting that the U.S. could soon experience its own version of Britain's "mini-budget" crisis. Source link
Read More
A double whammy of tariffs and strikes is coming for U.S. trade and the global supply chain in early 2025
Shippers and logistics companies are gaming out a complex early 2025 as President Trump may implement new tariffs as East,
Read More
German finance minister warns of retaliation if U.S. kicks off trade war
German Finance Minister Christian Lindner on Friday warned that if the U.S. kicked off a trade war with the European
Read More
Global public debt will hit $100 trillion by year-end, says IMF
The IMF warned of the risks posed by unsustainable public debt levels. Source link
Read More
East and Gulf Coast ports strike deal is not close to done: Automation still a big hurdle in ILA/USMX negotiations
The East and Gulf Coast ports strike deal isn't close to done, with a fight over automation between ILA union
Read More
Jobless rates fall for Black and Hispanic men in September
Black and Hispanic men experienced a fall in jobless rates in September. Source link
Read More
10-year Treasury yield soars after jobs report blows past expectations
In Friday's report, nonfarm payrolls grew by 254,000 in September, significantly exceeding economists' expectations. Source link
Read More
Port strike fallout: Blockbuster weight-loss drug supply from Wegovy to Ozempic, Mounjaro, Zepbound caught up in East Coast trade shutdown
Booming demand for blockbuster weight-loss drugs like Ozempic and Mounjaro is being tested by a ports strike hitting import hubs
Read More