The weekend brought new challenges to Ukraine’s international relationships, impacting its prospects for support from key allies. In the United States, a potential government shutdown and a 45-day pause on additional funding for Kyiv were introduced as part of a stopgap bill. This temporary halt in funding has raised concerns about the stability of Ukraine’s… Continue reading Kyiv reacts to U.S. halting aid amid funding crisis; Ukraine ally sees pro-Russia populist win vote

CNBC’s Jim Cramer has identified a group of mega-cap tech stocks that he refers to as the “Magnificent Seven,” capable of withstanding the impact of rising bond yields. This select group includes Apple, Amazon, Meta, Alphabet, Nvidia, Tesla, and Microsoft. Cramer emphasized that while skyrocketing bond yields have a negative effect on most of the… Continue reading Jim Cramer lauds his ‘Magnificent Seven’ tech mega caps as bonds rise

Bill Ackman, the billionaire hedge fund manager at Pershing Square, has expressed concerns about the state of the economy, suggesting it is starting to decelerate due to aggressive rate hikes. Ackman believes the Federal Reserve may have reached the end of its rate-hiking cycle, and the economy is beginning to slow down as a result.… Continue reading Bill Ackman says the economy is starting to slow and the Fed is likely done hiking

Senator Bob Menendez and his wife Nadine are scheduled to face trial on bribery and corruption charges on May 6, 2024. The charges allege that the couple accepted “hundreds of thousands of dollars of bribes” from three New Jersey business associates in exchange for official actions taken by Menendez. These bribes reportedly included cash, gold,… Continue reading Sen. Bob Menendez bribery trial set for May 2024

The first witness, former Mazars USA partner Donald Bender, began testifying in Donald Trump’s $250 million civil fraud trial in New York. Bender estimated that he spent 45% to 55% of his work time on Trump-related tasks from 2011 until his retirement, including working on Trump’s tax returns and corporate entities controlled by Trump and… Continue reading Trump tax accountant takes witness stand at $250 million New York fraud trial

Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal situation.

Drug manufacturers in the U.S. significantly increased their advertising spending on obesity and diabetes treatments in the first seven months of 2023, totaling nearly $500 million, a 20% increase compared to the same period the previous year.

The Paris public prosecutor’s office is currently investigating Bernard Arnault, the CEO of LVMH, in connection with financial transactions involving Russian oligarch Nikolai Sarkisov.

The Biden administration has unveiled a revised strategy to address student debt after the Supreme Court rejected its initial policy in June.

Costco is selling gold bars and they are selling out within a few hours. This move is part of Costco’s strategy to cater to a specific market segment of customers interested in self-sufficiency and alternative currencies, as gold is seen as a safe-haven asset during uncertain times.

Many high-growth startups are actively hiring and offering six-figure salaries, with a significant number of these roles being remote.

Katie Koch, CEO of the TCW Group, predicts an impending recession in the U.S., marking the first significant downturn in over 15 years.