World Leaders Condemn Iran’s Strikes on Israel for Crossing ‘New Level’
World leaders immediately condemned the “reckless” attack on Israel by Iran’s Islamist regime, which launched dozens of drone and missile strikes against the Jewish state on Saturday. “We have crossed a new line.” The international community, including the leaders of the United Kingdom and the European Union, immediately condemned the Iranian Revolutionary Guards attack on […]
Former Obama adviser: Kushner engaged in ‘level of corruption that we’ve just never seen’ with foreign relations
Former Obama deputy national security adviser Ben Rhodes accused Trump’s son-in-law, Jared Kushner, of engaging in “a level of corruption we’ve never seen before” when talking about recent foreign investments. said. Asked about a recent report in the New York Times that detailed 99% of Kushner’s money in investment funds, Mr. Rose said that Mr. […]
Credit card delinquencies hit highest level on record
Lee Munson, President and CIO of Portfolio Wealth Advisors, talks about the market, March CPI, and earnings season. Americans are drowning in credit card debt. new Published data A survey by the Federal Reserve Bank of Philadelphia shows that more Americans are struggling to make their monthly credit card payments as the battle against high […]
Wholesale inflation jumps to highest level since April 2023
Former White House Chief Economist Joe LaBogna and JPMorgan’s Kelsey Bello discuss whether strong consumer spending is a “money-making” concern for the Fed. Inflation at the wholesale level picked up steam in March, the latest sign that price pressures within the economy remain uncomfortably high and difficult to control. The Labor Department announced Thursday that […]
Mortgage rates hit highest level since November after hot inflation report
Mortgage rates rose to their highest since November as the much-anticipated rate cut schedule was extended until 2024. The average 30-year fixed mortgage rate on Wednesday reached 7.29%, the highest since November. daily mortgage news. The jump followed the release of new consumer price index inflation data for March, which came out slightly better than […]
Small business optimism hits lowest level since 2012: NFIB
Jason Katz, a UBS managing director and senior portfolio manager, said the 2% inflation target was arbitrary for Barney & Company. small business optimism A new report from the National Federation of Independent Business (NFIB) shows that sales fell to their lowest level in more than a decade in March. The NFIB’s Small Business Optimism […]
Bitcoin 'pretty unlikely' to revisit $50K price level, says analyst – Cointelegraph
The frequency with which Bitcoin (BTC) hits higher support price levels and the “lack of immediate froth” in derivatives markets could see its price return to $50,000 soon, according to one cryptocurrency analyst. This suggests that the gender is low. Dylan LeClair, senior analyst at digital asset fund UTXO Management, explained among the analysts. Note […]
Treasury Secretary Janet Yellen calls for level playing field for US workers and firms during China visit
U.S. Treasury Secretary Janet Yellen on Friday called on China to address manufacturing overcapacity that could cause global economic disruption and level the playing field for U.S. businesses and workers. . The prime minister, who began a five-day visit to China in one of China’s major industrial and export hubs, said he expected tough talks […]
Israel Evacuates Embassies, Raises Alert Level Anticipating Iranian Retaliation
Israeli embassies around the world have increased security measures, The Jerusalem Post reported Thursday. In response to the growing threat of Iranian attacks targeting Israeli diplomats, Israeli embassies around the world have increased security and according to To the Jerusalem Post. The threat is believed to be in retaliation for Israel’s military action in Syria […]
Job cuts jump to highest level since January 2023
Lisa Erickson, senior vice president at U.S. Bank Wealth Management, analyzes stock trends, the job market and potential “signs of further deterioration.” of pace of work Layoffs by U.S. employers accelerated again in March, a sign that the labor market is beginning to deteriorate in the face of ongoing inflation and high interest rates. That’s […]