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Anxious Biden fears first son Hunter will serve prison time over gun case: report  

President Biden has reportedly confided in aides that he fears his son, Hunter Biden, will go to jail for purchasing a handgun while allegedly addicted to crack cocaine. Aides to the 81-year-old president fear the commander-in-chief’s anxiety about his embattled son will only grow as Hunter’s June 3 trial date on the felony firearms case […]

Stagflation fears come back with a vengeance

Daniel DiMartino Booth, CEO and chief strategist at QI Research, discusses whether persistently high inflation data will delay the Fed’s money-making interest rate cuts. Some Wall Street strategists us economy Amid recent signs of high inflation and economic cooling, we could be heading towards a 1970s-like stagflation scenario. A series of inflation reports for the […]

Dow tumbles nearly 700 points as new inflation fears dent hopes of Fed rate cut

Wall Street stocks fell on Thursday as markets were stunned by data showing weaker-than-expected U.S. economic growth and persistent inflation, as well as large-cap stocks selling off after Meta Platform’s disappointing results. Finished the transaction. The Dow Jones Industrial Average fell 375.12 points, or 1%, to $38,085.12. It fell nearly 700 points in morning trading. […]