199 articles
Gold prices recently dropped over 10%, but economist Christian Briggs explains this is temporary. He highlights gold's historical stability and its growing role as a global reserve asset, suggesting it's a strong long-term investment despite short-term volatility.
A U.S. fighter jet was shot down by Iranian forces, sparking a dangerous search and rescue mission under fire. One airman was rescued, but another remains missing. Meanwhile, the economic impact of the conflict is being felt at home with rising prices and new surcharges on goods and services.
The U.S. economy added a robust 178,000 jobs in March, significantly exceeding expectations and signaling a strong rebound in hiring. However, this positive news is tempered by concerns over rising inflation and the economic impact of ongoing geopolitical conflicts, which could affect future job growth and consumer spending.
An unusual economic indicator, the Walmart Recession Signal, is flashing a warning. When Walmart's stock rises and luxury goods stocks fall, it has accurately predicted the last three U.S. recessions. This pattern is happening now, suggesting potential economic trouble ahead.
An unusual economic indicator, the Walmart recession signal, is flashing red as Walmart's stock soars while luxury goods stocks fall. This pattern has accurately predicted past recessions, suggesting that tighter household budgets are driving consumers to seek value. The trend signals potential economic hardship ahead.
President Trump dismissed Attorney General Pam Bondi for not aggressively prosecuting political enemies, highlighting a demand for unwavering loyalty. This political focus intertwines with growing economic worries, including rising inflation and potential stagflation, as former White House aide Anthony Scaramucci advises Democrats to focus on practical solutions rather than attacking Trump.
China's public calls for peace in the Iran conflict mask a private strategy of buying discounted oil, reports suggest. This "double game" now risks China's economy through rising oil prices and supply chain stress, potentially costing billions.
Amidst widespread public disapproval and economic woes, legal analysts are speculating about the possibility of President Trump resigning early. While rare in history, a growing number of people are placing bets on this outcome, reflecting public concern.
Former Governor Chris Christie argues that Donald Trump's declining poll numbers are a direct result of economic anxieties, not his political platform. Christie explains that voters who previously overlooked Trump's style for economic security are now reconsidering their support as costs rise. He also touches on the need for clearer presidential communication during international crises.
President Trump's approval rating has fallen to a new low of 35 percent amid widespread public dissatisfaction with his handling of the economy. A recent CNN-SSRS poll reveals that nearly 80 percent of Americans view current economic conditions as poor, with many reporting financial hardship and altered spending habits. The president's response to rising gas prices and his strategy in an ongoing conflict are also drawing criticism.
