With just two days to spare, President Joe Biden has signed legislation that lifts the nation’s debt ceiling, averting an economically disastrous default on the federal government’s debt. The White House announced the signing on […]
The stock market rally showed growing momentum this past week, with the major averages all making big moves. Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. Market rally […]
Dow Jones futures rose modestly early Friday, along with S&P 500 futures and Nasdaq futures. Broadcom (AVGO) and Lululemon Athletica (LULU) headlined earnings late Thursday with the jobs report on tap before the open. Tesla […]
Airbnb stock has intrigued investors searching for the best growth stocks since its December 2020 market debut. From an initial public offering price of $68 per share, ABNB soared 223% in a little over two […]
ChargePoint (CHPT) earned an upgrade Tuesday as a “best-in-class way” to play the EV charging space. CHPT stock eased Wednesday after rocketing the prior session, with ChargePoint earnings due late Thursday. “The reason for our […]
Global debt currently stands at $305 trillion, $45 trillion higher than before the COVID-19 pandemic, according to the Institute of International Finance (IIF) – a global association of the financial industry. Global debt is the […]
Authored by Doug French via The Mises Institute, The character Mike Campbell in Ernest Hemingway’s 1926 novel The Sun Also Rises was asked about his money troubles and responded with a vivid description embracing self-contradiction: […]
Late last week, we were the first to correctly summarize what the bottom line of the so-called “debt ceiling deal” meant for the US, for future generations of Americans, and for the ridiculous melodrama gripping […]
Over 2,000 stores across all retail sectors have closed in the past 12 months according to a recent report from UBS retail analyst Michael Lasser (available to pro subs in the usual place), and that […]
The debt-ceiling deal between President Joe Biden and House Speaker Kevin McCarthy would suspend the United States’ debt limit through 2025 to avoid a federal default while limiting government spending, but its details are unlikely […]
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