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Trump Nominates Kevin Warsh to be Next Fed Chair
Opting for a conventional choice to lead the Federal Reserve, President Trump on Friday nominated former Fed governor Kevin Warsh.
Software Stocks Enter Bear Market On AI Disruption Fear With ServiceNow Plunging 10%
Investors question whether AI competitors and automation tools could erode demand for traditional software licenses and workflows.
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Inflation Begins to Strain Finances of Young, Low-Income Americans
As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure.
Peter Schiff: The “Inflation Reduction Act” Will Do the Exact Opposite
Congress passed bill to prop up US semiconductor industry last week and is now considering a new spending plan dubbed the “Inflation Reduction Act".
What if the Markets are Misreading the Fed
We’re in period where it’s markets versus Fed. In this battle are no winners. Market rally risks stimulating economic growth and fanning inflation.
Global Firms Halt Over $250 Billion in Financing Plans This Year
Companies have delayed or canceled financing plans has soared to at least 358 as global economy continues to battle inflation and energy shortages.