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Wall Street bonuses may decrease by as much as 20% due to the chaos caused by Trump’s tariffs.

Wall Street bonuses might drop by as much as 20% as trading activity wanes and stock markets experience volatility, according to leading consultants. Compensation firm Johnson Associates attributed this decline to concerns over President Trump’s potential imposition of substantial tariffs on imports. In their latest report, released on Thursday, they forecast a 10% reduction in […]

Oil Inventories Decrease as Prices Rise

US Crude Oil Stocks Update The American Petroleum Institute (API) reported a drop in US crude stocks, estimating a decrease to 4.49 million barrels for the week ending May 2nd, which came after analysts had predicted a reduction of 2.5 million barrels. Previously, the API noted an increase of 3.76 million barrels in the prior […]

Pentagon leader Hegseth calls for a decrease in four-star generals in the U.S. military

On Monday, Defense Secretary Pete Hegses announced that the U.S. military is preparing for a significant reduction in the number of general officers across all branches. He described these cuts as a “historic” initiative aimed at fulfilling President Donald Trump’s goal of “achieving peace through strength.” Hegses noted a shift of resources away from what […]

Panama Canal Purchase Could Decrease Chinese Influence

Rep. Dusty Johnson (R-South Dakota), who introduced the Panama Canal Buyback Act, said during an appearance on the show that a U.S. purchase of the Panama Canal could reduce China's influence globally. Breitbart News Saturday. “Unfortunately, the Chinese Communist Party is as dirty as it gets. They control ports on both ends of the Panama […]

Jobless Claims Decrease More Than Estimated To Calm Recession Fears For Now

(Photo by Mario Tama/Getty Images) By James Myers, OAN StaffThursday, August 8, 2024 8:20 a.m. The number of Americans filing new claims for unemployment benefits last week fell more than expected, easing fears for now about a labor market collapse. advertisement The Labor Department said Thursday that jobless claims for the week ending Aug. 3 […]

Gas Prices: Decrease at the pumps to the end the holiday weekend

Gas prices decreased slightly on Sunday, with the average price for a gallon of regular gas dropping to $3.506, according to AAA.  On Saturday, a gallon of regular gas cost $3.509. A week ago, it was $3.492. A month ago, it was $3.471, and a year ago, it cost $3.537 per gallon.  California had the […]