Dow Jones futures fell modestly overnight, along with S&P 500 futures and Nasdaq futures. Dow giants Intel (INTC) and Visa were among notable earnings reports overnight. X The stock market rally wavered again intraday, but the key indexes all advanced. The fourth-quarter GDP report showed surprisingly strong economic growth but with inflation remaining tame. But […]
Using unofficial backchannels, Russian dictator Vladimir Putin continues to explore if the United States is prepared to negotiate an end to the war in Ukraine, Bloomberg reported on Jan. 25. According to two individuals close to the Kremlin, Putin has “tested the waters” with the United States through indirect channels to signal that he is […]
Lawyers for former President Donald Trump said in court papers filed Tuesday night that they intended to place accusations that the intelligence community was biased against Trump at the heart of their defense against charges accusing him of illegally holding onto dozens of highly sensitive classified documents after he left office. The lawyers also indicated […]
Hungary has signalled to the European Union that it is ready to withdraw its opposition to new long-term funding for Ukraine. Source: European Pravda, citing Politico Details: Several European diplomats and officials, speaking to the publication, have reported that Hungarian Prime Minister Viktor Orbán is approaching a compromise on the use of funds from the […]
Dow Jones futures were little changed after hours, along with S&P 500 futures and Nasdaq futures. X Interactive Brokers (IBKR) reported earnings Tuesday night with Charles Schwab (SCHW) on tap Wednesday morning. The stock market rally retreated Tuesday after a solid bounce last week. The 10-year Treasury yield rebounded above key levels. While losers easily […]
Donald Trump has declared that he will be a dictator on “day one” of his regime if he defeats President Biden in the 2024 election. But Trump will not just be a regular political thug. Instead, he will be a type of dictator who claims a divine mandate. Some of history’s most evil and destructive […]
Italian Defence Minister Guido Crosetto states he has seen signals from Russia and Ukraine that it is time for diplomacy to pave the way for peace. Source: European Pravda with reference to Reuters Details: Crosetto stated in parliament that the Ukrainian counteroffensive of 2023 did not produce the desired result and that the military situation […]
The Federal Reserve is charged with promoting maximum employment and price stability. To achieve those goals, it uses certain monetary policy tools to push the federal funds rate higher or lower. For context, the federal funds rate is a benchmark interest rate that influences other rates across the economy, including credit cards, personal loans, and […]
The Israeli military signalled that it has wrapped up major combat in northern Gaza, saying it has completed dismantling Hamas’s military infrastructure there, as the war against the militant group entered its fourth month. Israel did not address troop deployments in northern Gaza going forward. Military spokesman Rear Admiral Daniel Hagari said late on Saturday […]
The Israeli military signalled that it has wrapped up major combat in northern Gaza, saying it has completed dismantling Hamas’s military infrastructure there, as the war against the militant group entered its fourth month. Israel did not address troop deployments in northern Gaza going forward. Military spokesman Rear Admiral Daniel Hagari said late on Saturday […]
Over multiple decades, Wall Street is a surefire wealth creator. When compared to the annualized returns of housing, gold, oil, and even bonds, the stock market easily has these asset classes beat over long periods. But things get a bit dicey when the lens is narrowed and investors examine the performance of the broader market […]
The Israeli military confirmed that it was pulling thousands of troops out of the Gaza Strip, a step that could clear the way for a new long-term phase of lower-intensity fighting against the Hamas militant group. The confirmation of the planned troop drawdown came the same day that Israel’s Supreme Court struck down a key […]