SEC, DOJ Raise Objections To EV Maker Fisker’s Bankruptcy Proceedings
SEC, DOJ Raise Objections To EV Maker Fisker’s Bankruptcy Proceedings Authored by Chase Smith via The Epoch Times, Electric vehicle (EV) manufacturer Fisker Inc. is under investigation by the U.S. Securities and Exchange Commission (SEC) and faces formal objections from the U.S. Department of Justice (DOJ) over its Chapter 11 bankruptcy proceedings. The company filed […]
Israel Mulling Attacks On Iran Energy Sites Despite Biden Objections, Oil Spikes
Israel Mulling Attacks On Iran Energy Sites Despite Biden Objections, Oil Spikes A number of days have passed with no Israeli retaliation against Iran for its Oct. 1st major attack which saw nearly 200 ballistic missiles pummel the Tel Aviv area, including hits on important Israeli air bases. A lot of back-and-forth and contradictory reports later, […]
Israel Mulling Attacks On Iran Energy Sites Despite Biden Objections, Oil Spikes
Israel Mulling Attacks On Iran Energy Sites Despite Biden Objections, Oil Spikes A number of days have passed with no Israeli retaliation against Iran for its Oct. 1st major attack which saw nearly 200 ballistic missiles pummel the Tel Aviv area, including hits on important Israeli air bases. A lot of back-and-forth and contradictory reports later, […]
Economic Juggling: The Complexities Of Monetary Policy Amid Soaring Debt
Economic Juggling: The Complexities Of Monetary Policy Amid Soaring Debt Authored by Robert Burrows via BondVigilantes.com, In recent years, the transmission mechanism of monetary policy—the intricate process through which central bank actions impact the economy—has undergone significant changes, notably as global debt levels have surged. With governments around the world carrying heavier debt burdens, the […]
The Crash That Changed Wall Street Forever
When Black Monday brought the largest one-day crash in history, nearly every corner of the market plummeted…
Texas Demands Biden-Harris Verify Nearly Half A Million Unverified Voters
Texas Demands Biden-Harris Verify Nearly Half A Million Unverified Voters Authored by Luis Cornelio via HeadlineUSA.com, Texas Attorney General Ken Paxton has demanded that the Biden-Harris administration turn over data to verify the citizenship status of nearly 454,289 registered voters in Texas. In a letter addressed to USCIS Director Ur M. Jaddou on Monday, Paxton raised concerns that these […]
U.S. Exports Surge as Trade Deficit Shrinks to Five-Month Low
The U.S. trade deficit significantly narrowed in August 2024, reaching its smallest level in five months. This reduction was primarily due to a 2% increase in exports, particularly in capital goods and motor vehicles, while imports fell by 0.9%. The trade gap decreased by 10.8% to $70.4 billion, with the $8.5 billion narrowing being the […]
China's Stock Market Rollercoaster: Record Trades Amid Wild Swings
The Chinese stock market experienced unprecedented volatility and trading volume as mainland markets reopened after the Golden Week holiday. The CSI 300 Index initially surged 11% before quickly retracing, while Hong Kong stocks plummeted 10%. This frenzy was driven by investors rotating from Hong Kong to mainland shares, disappointment over lack of new stimulus details, […]
Commodity Markets Await China's Return: Will Stimulus-Fueled Rally Persist?
China’s recent stimulus package has boosted commodity markets, particularly metals like iron ore, copper, and zinc. As mainland Chinese markets reopen after a week-long holiday, investors are watching closely to see if the rally will continue. While some industry experts are optimistic about this potential turning point for China’s economy, others caution that further stabilization […]
Dollar Dips as Markets Recalibrate Fed Rate Cut Expectations
The dollar eased from recent highs as traders reevaluated the Federal Reserve’s potential rate cut path. A robust jobs report and statements from Fed officials, including Chair Powell, have led to a shift in market expectations. Investors now anticipate fewer and smaller rate cuts in 2024, with the likelihood of a significant initial cut in […]