Tag: Economy
US Bank Trading Assets Surpass $1 Trillion Milestone
US Bank recently announced that its trading assets have surpassed the $1 trillion milestone. This achievement highlights the bank's strong performance in the financial markets and its ability to generate significant returns for its...
October Inflation Shows Slight Increase Amid Long-Term Downward Trend
The latest inflation report released by Statistics Canada for the month of October is expected to show a slight increase, according to economists. Despite this uptick, experts believe that overall, inflation is on a...
European Stocks Fall Behind US Market Due to ‘Trump Trade’ Dominance
European stocks have been struggling to keep up with the US market, with many attributing this lag to the dominance of the "Trump Trade." The US market has been experiencing a boost since the...
Final Push: Bessent and Lutnick vying for Trump Treasury Secretary
As the race for President-elect Donald Trump's next Treasury secretary heats up, billionaires Elon Musk and Kyle Bass have voiced their support for their respective candidates, Howard Lutnick and Scott Bessent. The infighting between...
US Inflation Stalls: Global Economy Chart & Analysis
US inflation seems to be holding steady, and consumer spending doesn't show any signs of slowing down. This situation is making the Federal Reserve more cautious about cutting interest rates. Even though inflation has...
Germany’s Potential Leader’s Recipe for Economic Growth
Friedrich Merz, a potential Chancellor of Germany, believes that the country's path to economic growth lies in revisiting the successful policies that drove the postwar economic miracle. His pro-business agenda includes lower taxes, less...
Biden Administration Maintains Halt on LNG Permits, Energy Secretary Indicates
The Biden administration is maintaining a halt on LNG permits, as indicated by Energy Secretary Jennifer Granholm. The decision not to approve any natural gas-export permits before the end of the presidential term in...