Markets

Trump, China, and the Panama Canal: America’s Fight for Control

The Panama Canal, often heralded as one of the Wonders of the Modern World, is far more than a feat of engineering—it is a cornerstone of U.S. national security and economic prosperity.

U.S. Launches Investigation into Chinese Semiconductor Industry

The United States announced that it is investigating China's semiconductor industry.

Apple Nears $4 Trillion Valuation on AI and iPhone Optimism

Apple is approaching a historic $4 trillion stock market valuation, driven by renewed investor confidence in its artificial intelligence advancements and expectations of a new wave of iPhone upgrades.

Starbucks Workers Across The Country Launch Five-Day Strike

Starbucks workers in Los Angeles, Chicago, and Seattle launched a five-day strike on Friday, expressing dissatisfaction with the company’s actions regarding collective bargaining and labor negotiations.

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Federal Reserve Cuts Interest Rates for Third Consecutive Time Amid Economic Shifts

The Federal Reserve made its third consecutive interest rate cut on Wednesday, reducing its benchmark rate by a quarter of a percentage point. The move, widely anticipated by investors and financial markets, brings the federal funds rate to a target range of 4.25 percent to 4.50 percent. Since beginning its rate cuts in September, the Fed has now lowered rates by a total of 100 basis points, or one percentage point.

Trump transition spokeswoman Karoline Leavitt said voters gave Trump a mandate to deliver on campaign promises, including stopping government attacks on gas-powered cars.

"When he takes office, President Trump will support the auto industry, allowing space for both gas-powered cars and electric vehicles," Leavitt said in a statement.

Illinois’ Unfunded Pension Liability Grows to $143.7 Billion

Illinois’ pension crisis continues to deepen, with the state's unfunded pension liability reaching $143.7 billion, according to the latest report from the Illinois Commission on Government Forecasting and Accountability (COGFA). This figure is $1.5 billion higher than last year and marks the second-highest total since 2020, when the liability hit $144.2 billion.

Soros Fund Affiliate Purchases Production Company

An affiliate of the Soros Fund Management purchased First We Feast, the production company behind BuzzFeed's interview show, "Hot Ones."

How did Saint Nicholas turn into Santa Claus? – American Minute with Bill Federer

St. Nicholas is the most renowned saint in Greek Orthodox tradition. He was the Bishop of Myra in 4th century Asia Minor, imprisoned by Romans; preached...

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