July 8, 2025 - 04:15
Investors are gearing up for a crucial day on Tuesday, July 8, as several significant economic indicators are set to be released. One of the primary focuses will be on trade and tariffs, especially following President Trump's recent warning about potential additional tariffs of 10% on certain countries. This development has raised concerns among investors regarding how it might impact international trade relations.
Additionally, the June NFIB Small Business Optimism Index is anticipated to be disclosed, with analysts predicting that the index will remain relatively stable compared to May's figures. This index is a vital gauge of the economic sentiment among small businesses, which are crucial to the overall economy.
Moreover, consumer credit data for May is expected to be released, with forecasts estimating a notable decrease in borrowing, projecting around $10.5 billion compared to April's $17.9 billion. This decline could signal shifts in consumer confidence and spending habits. Investors and analysts will be closely monitoring these indicators for insights into the broader economic landscape.
September 6, 2025 - 10:31
Writers Left Behind in Anthropic's $1.5 Billion SettlementIn a recent development, it has been revealed that writers are not benefiting from the $1.5 billion settlement involving Anthropic, a prominent AI company. The crux of the issue lies in the fact...
September 5, 2025 - 17:53
BNY Unveils Initiative to Enhance Financial Education in Community Banks and NonprofitsIn a significant move to empower community banks and nonprofit organizations, BNY has announced a multi-million-dollar initiative aimed at enhancing financial education. This program will focus on...
September 5, 2025 - 12:00
Second Quarter Earnings Reports Show Mixed Results for Major CompaniesThe gush of second quarter earnings reports is beginning to slow to a trickle, and with most of the reports in, the results have been mostly positive. However, some companies have faced challenges...
September 4, 2025 - 20:57
Stephen Miran Commits to Federal Reserve Independence While Retaining White House PositionStephen Miran has made a commitment to maintain the independence of the Federal Reserve if he is confirmed as a new governor on the board. In a recent statement, he emphasized the importance of the...