Inflation

Small Business Optimism Surges Following Trump’s Election Victory

Small business owners’ optimism has soared to its highest level since June 2021 after President Donald Trump’s White House victory and Republican control of Congress, according to the latest survey from the National Federation of Independent Businesses (NFIB).

Bitcoin Hits $100,000: From Experiment to Financial Powerhouse

Bitcoin reached a record price of $100,000 on Wednesday, marking an extraordinary milestone for the once-niche digital currency. The achievement underscores Bitcoin’s evolution from an experimental asset dismissed by Wall Street into a central player in global finance.

Tech Rally and Powell’s Optimism Drive U.S. Stock Indexes to Record Highs

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Biden Blocks New Coal Mining in Region Supplying 40% of U.S. Coal as Trump Pledges Energy Dominance

The Biden administration has halted new coal mining in Wyoming’s Powder River Basin, a region that produces approximately 40% of the nation’s coal. The decision, made through an amendment to the Bureau of Land Management’s (BLM) Resource Management Plan, prohibits new federal coal leases until 2041, citing the need to reduce greenhouse gas emissions as part of the administration’s climate change agenda.

Trump’s 25% Tariff Threat to Mexico Stirs Tensions Over Cartels, Migration

President-elect Donald Trump’s plan to impose a 25% tariff on Mexico unless it curtails drug trafficking and illegal migration risks igniting economic and diplomatic...

Markets Rally Following Trump Election Victory, Posting Best Month of 2024

The stock market is recording its strongest month this year following President-elect Donald Trump’s victory in the 2024 election, reflecting investor optimism about the economic outlook under the incoming administration.

Canadian PM Justin Trudeau to Attend Meeting With Trump in Florida

Canadian Prime Minister Justin Trudeau reportedly arrived in Palm Beach, Florida, for a meeting with U.S. President-elect Donald Trump at his Mar-a-Lago resort, according to media outlets.

Trump Plans to Redirect Unspent Biden Climate Funds to Infrastructure

President-elect Donald Trump plans to reallocate billions in unspent Inflation Reduction Act (IRA) funds toward infrastructure projects, aiming to undo Biden administration climate policies. Transition team spokeswoman Karoline Leavitt confirmed that Trump will rescind unspent IRA funds, calling the legislation a “Green New Scam.”

Egg Shortage Expected to Increase Amid Holiday Season

The ongoing egg shortage in the United States is a clear example of how economic mismanagement and external challenges are impacting everyday Americans.

Battle of Lepanto – American Minute with Bill Federer

News arrived in Europe that in 1570, Ottoman Turks under the command of Lala Kara Mustafa Pasha, captured Nicosia, Cyprus, after a 50-day siege. 20,000 captured Nicosians were executed. Women and boys were sold as...

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