Commerce

A looming strike at major US cargo ports could disrupt supply chains, strain the economy, and influence the 2024 presidential election. The Biden administration faces mounting pressure.

Tens of Thousands of Dock Workers May Strike, Impacting US Economy

A looming strike at major US cargo ports could disrupt supply chains, strain the economy, and influence the 2024 presidential election. The Biden administration faces mounting pressure.

Tens of Thousands of Dock Workers May Strike, Impacting US Economy Read More »

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Bitcoin, the pioneering cryptocurrency, maintains an upward trend with a price of $63,751 and a 24-hour trading volume of $25.1 billion.

Cryptocurrency with 19.7 Million Coins in Circulation and Rising

Bitcoin, the pioneering cryptocurrency, maintains an upward trend with a price of $63,751 and a 24-hour trading volume of $25.1 billion.

Cryptocurrency with 19.7 Million Coins in Circulation and Rising Read More »

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Jerome Powell Admits Federal Reserve Can’t Fix the Real Estate Crash

Federal Reserve Chair Jerome Powell acknowledges the limits of rate cuts in addressing the U.S. real estate crisis, as millions struggle with affordability and rising costs.

Jerome Powell Admits Federal Reserve Can’t Fix the Real Estate Crash Read More »

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The Federal Reserve's long-anticipated rate cut fueled market gains, but growing fears over corporate earnings and economic growth tempered the excitement.

Federal Reserve’s Rate Cut Sparks Optimism, But Concerns Loom Large

The long-awaited rate cut from the Federal Reserve finally arrived this week, marking a significant shift in monetary policy after years of tightening. Investors initially celebrated the 50-basis-point cut with a wave of optimism, pushing stocks higher.

Federal Reserve’s Rate Cut Sparks Optimism, But Concerns Loom Large Read More »

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"Fed's Rate Cut Strategy: A Black Swan Investor's Warning"

“Fed’s Rate Cut Strategy: A Black Swan Investor’s Warning”

Mark Spitznagel cautions investors against expecting Fed rate cuts, foreseeing a recession and market turmoil as prerequisites.

“Fed’s Rate Cut Strategy: A Black Swan Investor’s Warning” Read More »

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New budget tackles housing crisis, cannabis proliferation, prison closures, and pandemic-era policies in a comprehensive legislative package.

Housing and cannabis regulations pass $237 billion budget in New York

New budget tackles housing crisis, cannabis proliferation, prison closures, and pandemic-era policies in a comprehensive legislative package.

Housing and cannabis regulations pass $237 billion budget in New York Read More »

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