Markets will continue to rally even if the Federal Reserve chooses not to cut interest rates this year, according to Steven Blitz, chief U.S. economist at TS Lombard.His comments come as investors await the release of further U.S. economic data and closely monitor clues from…
Topline Democrats celebrated Marilyn Lands’ victory in an Alabama state House race Wednesday after Lands made her support for IVF access a key campaign issue—what Democrats are billing as a harbinger for the 2024 election as they seek to capitalize on the GOP’s support—and voters’ opposition—of abortion restrictions. Key Facts…
A former Apple employee says the company is facing a “battle for the soul,” per WSJ.His thoughts come as Apple faces a DOJ’s anti-trust lawsuit and a nearly $2 billion EU fine. He worked under ex-Apple exec Phil Schiller who has been a key defender of Apple’s business tactics. A former Apple…
By Matt Tracy WASHINGTON (Reuters) – U.S. banks with significant lending exposure to some multi-family properties and particularly rent-controlled housing are vulnerable to posting losses this year on rising costs facing landlords, according to Fitch Ratings analysts. On a Wednesday call, Fitch Ratings analysts highlighted the risks facing banks which…
By Simon Jessop LONDON (Reuters) – UBS will look to increase lending to the shipping sector and run off some loans to fossil fuel clients inherited from Credit Suisse, executives told Reuters, in the biggest test yet of the impact of a mega-merger on banks’ sustainability commitments. The shotgun marriage…
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(Reuters) -Bank of England (BoE) interest-rate setter Jonathan Haskel said that rate…
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POLITICS
View MoreSometimes when a president needs a hand, only another president – or another two – will do. President Joe Biden’s bid for a second term and reelection campaign coffers will get a hefty boost on Thursday when he’s joined in New York by his two immediate predecessors as Democratic presidents, Barack Obama and Bill Clinton. The lucrative fundraiser in New York will send a message of commitment from the 42nd and 44th presidents for the 46th’s bid to prevent the 45th president, Donald Trump, from returning as the 47th. Obama, especially, has become increasingly involved in Biden’s reelection campaign in…
Lieberman describes the ‘hardest thing’ he’s ever done in public life (1998) In a 1998 interview with Larry King, Sen. Joe Lieberman (D-CT) describes how calling former President Bill Clinton…
An attorney discipline judge in California has recommended that ex-Trump election lawyer John Eastman be disbarred, according to an opinion released on Wednesday. Eastman will lose his ability to practice law within days, because…
By Nate Raymond (Reuters) – A U.S. appeals court on Wednesday rejected a challenge to a Pennsylvania rule that allowed the state to discard mail-in ballots that arrive on time…
Markets
View MoreInvesting.com– Gold prices steadied in Asian trade on Thursday, sitting near record high as traders bought into the yellow metal…
Finance
View MoreTreasury Secretary Janet Yellen on Wednesday warned that China is treating the global economy as a dumping ground for its cheaper clean energy products, depressing market…
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Several New England universities and colleges have reached a pinnacle of at least $90,000 for undergraduate tuition and costs starting this fall. Yale University, Tufts University, Boston University (BU), and Wellesley College are among a few private institutions that will top this year’s costs for tuition, housing and other expenses, according to…
Economy
By Summer Zhen HONG KONG (Reuters) – Japan’s top-performing stocks are at…
Fintech
Flaco, the owl who escaped from the Central Park Zoo last year…