August PCE: Preferred inflation measure of the Fed increased less than anticipated
Market Sentiment and Inflation Insights The recent rise in oil prices has propelled the 10-year Treasury yield upward, and the panel on The Big Money Show is weighing in on market sentiment. They delve into various topics, including President Trump’s foreign policy concerning Iran and the implications of diesel export bans. In August, the Federal […]
Legislature Approves Government Funding Measure That Fails to Address Debt Issue
The House of Representatives managed to pass a continuing resolution (CR) on Tuesday, but it didn’t tackle the looming national debt at all. This CR, by continuing federal funding at current levels through December 11, effectively kept the government running and prevented a shutdown. However, it didn’t make any headway against the staggering $40 trillion […]
July PCE: Fed’s preferred measure of inflation stayed high
Inflation Data Rises Slightly Above Expectations The inflation measure favored by the Federal Reserve saw a minor uptick in July, with price increases staying above the central bank’s target range. According to the Commerce Department’s report released on Wednesday, the personal consumption expenditures (PCE) index rose by 0.2% from June to July, and year-over-year, it […]
Trump administration calls on SCOTUS to reject Obama judge’s effort to delay election security measure
Federal Judge Criticized for Ruling Against Election Integrity Measures U.S. District Judge Indira Talwani, who was appointed by former President Obama and is the daughter of immigrants, is reportedly making decisions that some allege undermine the Trump administration, even risking the security of elections in the U.S. In response, President Trump issued an executive order […]
House Democrats approve a measure on war powers regarding Trump’s conflict with Iran
House Democrats Condemn Trump’s Military Actions in Iran House Democrats managed to pass a resolution on Thursday morning that denounces President Donald Trump’s military operations in Iran, with some support from Republican members. Representatives Jason Crow from Colorado and Pramila Jayapal from Washington were key in securing the vote, which aimed to restrict Trump’s military […]
House approves temporary measure to maintain government funding beyond midterm elections
House Passes Stopgap Bill to Avoid Government Shutdown On Tuesday, House lawmakers approved a temporary spending bill designed to avert a government shutdown ahead of the midterm elections. This short-term funding measure will keep federal operations running until December 4, extending well beyond the September 30 funding deadline and the November 3 midterms. The continuing […]
House Republicans approve measure to prevent shutdown before elections
House Votes to Prevent Government Shutdown Late Tuesday, the House approved a bill aimed at avoiding a government shutdown until after the November midterm elections. This legislation will extend current funding levels through December 4, using a mechanism known as a continuing resolution (CR). Additionally, it may continue for several weeks into the next fiscal […]
House approves a bipartisan measure to establish permanent Daylight Saving Time.
Daylight Saving Time Bill Moves Forward in Congress A bipartisan majority in the House has introduced a bill aimed at making Daylight Saving Time (DST) permanent. The legislation requires Senate approval before it can be sent to President Trump. On Tuesday, lawmakers voted 308-117 in favor of the bill, which would remove the March-to-November time […]
Legislature Approves Measure to Establish Year-Round Daylight Savings Time
House Passes Bill for Permanent Daylight Saving Time The U.S. House of Representatives approved a bill on Tuesday aimed at making daylight saving time a permanent fixture, which would mean no more clock changes twice a year. This legislation, known as the Sunshine Protection Act of 2025, received a favorable vote of 308-117, although it […]
Comparing Vanguard Health Care and iShares Biotech: How Do These ETFs Measure Up?
Comparing Vanguard Healthcare ETF and iShares Biotechnology ETF The Vanguard Healthcare ETF (VHT) and the iShares Biotechnology ETF (IBB) present two different approaches to investing in the health sector. One emphasizes broader sector diversification, while the other hones in on high-growth biotech areas. This might be useful for investors trying to decide where they fit […]