Stock market, central bank and economic news: indices, rates, inflation, currencies and the data driving global markets.
As the clock ticks down to midnight on Tuesday, shipping ports along the Gulf and East Coasts of the United States are bracing for a potential work stoppage. The cause? An ongoing contract dispute between two major unions in the maritime industry. The International Longshoreman’s Association (ILA) and the
The United States is facing a significant challenge as its workforce growth slows to a crawl, with most expansion coming from immigration rather than natural population increase. Labor force participation has plateaued, yet many businesses continue to operate with mindsets developed during times of labor abundance. This disconnect is highlighted
Billionaire entrepreneur Mark Cuban has issued a stern warning to fellow billionaire Elon Musk regarding his support for former President Donald Trump. The exchange occurred on social media platform X, formerly known as Twitter, where Musk had expressed his continued backing of Trump’s presidential bid. Musk, who has established
China’s recent economic stimulus measures have sparked optimism on Wall Street, but experts warn they may fall short of addressing the country’s deep-seated economic challenges. The People’s Bank of China announced plans to inject 800 billion yuan (approximately $114 billion) into the stock market and implement
Vice President Kamala Harris recently made her first visit to the U.S.-Mexico border as a 2024 presidential candidate, traveling to Douglas, Arizona. This trip highlights the critical role immigration will play in the upcoming election, not just in border states but across the nation. Harris used the visit
A recent study by Lendio, a company specializing in small business loans, has ranked Ohio as the sixth best state in the United States to launch a small business in 2024. This positioning marks a slight decline from Ohio’s third-place ranking in 2023, but still solidifies its status
Billionaire entrepreneur Mark Cuban has criticized former President Donald Trump for turning the Republican Party into what he describes as a “family business.” In a recent interview on CNBC’s “Squawk Pod,” Cuban discussed the GOP presidential candidate with hedge fund manager David Tepper and SEC chief Gary Gensler, expressing
The global epinephrine autoinjector market is projected to experience significant growth in the coming years, according to a new industry report. Valued at approximately $2.5 billion in 2023, the market is expected to reach $3.6 billion by 2030, with a compound annual growth rate (CAGR) of 4.8%
Actelis Networks (NASDAQ: ASNS), a market leader in hybrid-fiber networking solutions and rapid deployment technology for IoT applications, has secured a $200,000 contract to upgrade the network infrastructure of a U.S. Army National Guard base. This new order is the latest in a string of recently announced
Barbara S. Jones, a former federal judge, now finds herself in an unprecedented role: overseeing the financial operations of Donald Trump’s business empire. Appointed by a New York court, Jones has been tasked with scrutinizing the finances of the former president’s organization for the next three years, a
A recent survey reveals that an increasing number of American companies are postponing significant investments as they await the results of the upcoming presidential election. The CFO Survey, conducted by the Federal Reserve Banks of Atlanta and Richmond in collaboration with Duke University’s Fuqua School of Business, found that
Rocky Mount, North Carolina, a city of 54,000 residents, exemplifies the contradictions in America’s current economic landscape. While signs of revitalization are evident in parts of downtown, with trendy coffee shops and redeveloped industrial spaces, many inhabitants struggle to afford basic necessities like groceries and housing. The city’
