Elon Musk could become world’s first trillionaire
Elon Musk is on track to become the world’s first trillionaire by 2027, according to a recent report from Informa Connect Academy. Of
[...]
U.S. Economy
10-year Treasury yield dips below 4.1% Friday after big jump this week
The U.S. 10-year Treasury yield dipped below 4.10% on Friday as investors assessed the latest inflation data that came in cooler than expected.
[...]
What a lengthy U.S. port strike could mean for global supply chains
A container ship departs the Port of Newark for the Atlantic Ocean on September 30, 2024 seen from New York City. Spencer Platt
[...]
Truckers, rails scrambling before ILA union shutdown
Shipping containers stacked at a storage yard outside of the APM Terminals yard at the Port of Mobile in Mobile, Alabama, US, on
[...]
Fed’s jumbo rate cut puts the U.S. on track for soft landing
U.S. Federal Reserve Chair Jerome Powell holds a press conference in Washington, D.C., on Sept. 18, 2024. Mandel Ngan | AFP | Getty
[...]
How Mexico is winning the trade war between the U.S. and China
A freight train carries cargo shipping containers in the El Paso Sector along the US-Mexico border between New Mexico and Chihuahua state on
[...]
Largest port on East Coast begins preparations for a strike
Port of New York/New Jersey executives tell CNBC they have begun preparations for a potential complete work stoppage by the International Longshoremen’s Association,
[...]
Harris beats Trump is CNBC Fed Survey most likely outcome
Vice President Kamala Harris, left, at the White House, Washington, July 22, 2024, and former President Donald Trump in Bedminster, New Jersey, Aug.
[...]
It’s a big week for central bank rate decisions
Federal Reserve Chair Jerome Powell announces interest rates will remain unchanged during a news conference at the Federal Reserves’ William McChesney Martin Building
[...]
Trump tariff threats will trigger import ‘rush’ and consumer pay price
A cargo ship is sailing towards the docking of a foreign trade container terminal in Qingdao Port, Shandong province, in Qingdao, China, on
[...]
