Tag: Economics
How Tariffs on Canada, China, and Mexico Impact U.S. Consumers: Analysis and Effects
Impact of Tariffs on Global Trade and U.S. Consumers: A Deep DiveThe looming tariffs on Canada, China, and Mexico, set to take effect on February 1st, have sparked widespread concerns among economists and consumers...
Apple CEO Cook Advocates for Fiscal Stimulus Amid Steepest China Sales Decline – Analysis...
Apple CEO Tim Cook recently addressed the urgency for fiscal stimulus during the China Development Forum (CDF) 2024 in Beijing. Amidst the revelation of Apple's 11.1% decline in sales in China during the December...
Potential for Multiple Interest Rate Cuts by Fed Governor Waller in 2025
Potential for Multiple Interest Rate Cuts by Fed Governor Waller in 2025Federal Reserve Governor Christopher Waller made a significant statement on Thursday, hinting at the possibility of multiple interest rate cuts this year if...
10-Year Treasury Yield Climbs to Near Seven-Month High
10-Year Treasury Yield Climbs to Near Seven-Month HighThe 10-year Treasury yield surged on Friday, nearing a seven-month peak. At present, the yield on the widely-watched 10-year Treasury stood at 4.626%, marking a 4 basis...
House to Vote on Last-Minute Funding Bill in Government Shutdown Situation
WASHINGTON — House Republicans are racing against the clock as they plan to hold a crucial vote on a last-minute funding bill to prevent a government shutdown. The bill, aimed at providing three months...
Federal Reserve Set to Cut Interest Rates in December: What Happens Next?
Federal Reserve Set to Cut Interest Rates in December: What Happens Next?Jerome Powell, chairman of the US Federal Reserve, is gearing up for a crucial decision regarding interest rates in December. The stage...
Restaurant Industry Looks Forward to 2025 Amidst Slow Traffic and Bankruptcies
After a challenging year for the restaurant industry, executives are eagerly anticipating the arrival of 2025. Despite a significant increase in restaurant bankruptcies and a decline in year-over-year traffic throughout 2024, there are signs...
Space Stocks Surge as ‘Trump-Elon Trade’ Boosts Gains
Space stocks have been on a surge recently, with many companies experiencing significant gains. This increase in stock value is being attributed to what analysts are calling the "Trump-Elon trade," referencing the relationship between...
Elon Musk Supports Plan for Presidential Influence on Federal Reserve
Elon Musk, the CEO of Tesla and SpaceX, recently showed support for the idea of allowing presidents to have influence over Federal Reserve policy. This endorsement came in response to a social media post...
China to Unveil Long-Awaited Fiscal Stimulus Package
China is anticipated to announce a new fiscal stimulus package following the conclusion of a five-day meeting by the parliament. The government has been increasing stimulus measures since late September, leading to a surge...