Ukraine’s President Volodymyr Zelensky said delays in U.S. aid had left Kyiv low on air-defense missiles to counter Russian attacks. His comments came after Russian strikes across the country. Photo: Sergey Bobok/AFP/Getty Images
Donald Trump’s aides have drawn up secret plans to oust the chairman of the Federal Reserve and allow the president to set interest rates, according to reports.
In an expression of disapproval on social media, prominent real estate investor Grant Cardone scrutinized President Joe Biden's proposed hike in capital gains tax in a recent X post. "Biden proposes 44.6% capital gains tax, from current 19%," Cardone posted. "Can't even come up with his own ideas taking a page out of Trudeau playbook who raised Canada to 66%." Cardone then invoked historical political outcomes, writing, "And he ignored how that played out for the last guy who tried it — the enti
Jamie Dimon and Jerome Powell are taking the European viewpoint on soaring debt levels in the U.S.
(Bloomberg) -- Jerome Powell’s remarks in the coming week will be closely parsed by investors for any clues on just how long the Federal Reserve is willing to wait before cutting interest rates.Most Read from BloombergApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesBHP’s $39 Billion Copper Play Was Years in the MakingPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingWall Street Humbled as Fast-Reversing Markets Confound the ProsThe Long, Slow Death of Urban Nig
After preparing for a recession, and hoping for a soft landing, the U.S. might end up in an unexpected bout of stagflation.
The cigarettes account for one-third of all sold in the U.S. and are predominantly consumed by Black and Hispanic smokers.
The disappearance of inflation is one break President Biden seems unlikely to get in his reelection bid.
Spousal benefits can be a financial lifeline in retirement. Read on to see what they might pay you.
The White House is reversing course after weighing the health benefits of the ban against the political risk of angering Black voters.
Its products are in high demand as conflicts flare around the world -- but does its stock cost too much?