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Latest Articles
US tariff wall set to stay: analysts
2+ hour, 58+ min ago (631+ words) Circumventing the US Supreme Court, US President Donald Trump might have found a way to resurrect his tariff wall in a fashion that analysts say could prove more durable to legal challenges. Last week, Trump slapped sweeping new tariffs on…...
New Fed chair Kevin Warsh launches five task forces to overhaul monetary policy, and crypto is nowhere on the agenda
23+ min ago (275+ words) Two months into the job, the 17th Federal Reserve chair is crowdsourcing ideas from outside experts while keeping his own cards close to his chest Kevin Warsh has been running the Federal Reserve for roughly two months, and he’s already doing…...
Warren Buffett's "Playing With Fire" Warning Is Back: Here's What History Says Happens Next for Stocks, and What Investors Can Do About It
3+ hour, 1+ min ago (521+ words) The Buffett indicator takes the total market cap of the U.S. stock market and divides it by GDP. Buffett has warned that when this ratio eclipses 200%, stocks have become overvalued. Currently, the Buffett Indicator is hovering over 230% -- an all-time high. Warren…...
JPMorgan CEO Jamie Dimon Warns on Stock Market Valuations
3+ hour, 12+ min ago (368+ words) JPMorgan Chase(NYSE: JPM) CEO Jamie Dimon recently gave a provocative interview with a CNBC podcast. On Monday, Dimon effectively said that he wouldn't buy most stocks right now at today's high valuations. Even if Dimon is somewhat bearish on…...
Steel utensils, cookers, non-stick cookware all costlier in June as metal prices climb; firm trend seen till Q3
41+ min ago (401+ words) Steel utensils, cookers, non-stick cookware all costlier in June as metal prices climb; firm trend seen ti The Economic Times New Delhi: Kitchen utensils and cookware became more expensive in June as higher global metal prices and elevated stainless steel…...
Americans rewire grocery shopping while digesting biggest price jump in years
24+ min ago (1840+ words) What’s for dinner? Lately, at Apral Jack’s house, it’s whatever is on sale. Jack scouts an app for deals at her local supermarket before she buys groceries. When she reaches the store, she grabs the weekly circular to look for…...
Ojineka wins DELSU entrepreneurship, innovation quiz competition
7+ hour, 12+ min ago (150+ words) Ojineka Eguono Precious has emerged as the winner of the second edition of the Entrepreneurship and Innovation Quiz Competition organised by the Centre for Entrepreneurial Studies, Delta State University, DELSU, Abraka. The competition was conducted in two stages comprising a…...
New food-to-alcohol ratios more flexible for Hampton Roads restaurants
4+ hour, 7+ min ago (1073+ words) To some restaurant owners in Hampton Roads, the new liquor law in Virginia may mean the glass is half-full, but to others it’s still half-empty. New legislation went into effect on July 1 that reduced the food-to-alcoholic beverage ratio required for…...
The ‘rockets and feathers’ effect: Inflation eases but grocery bills do not
2+ hour, 49+ min ago (780+ words) Economics has a term for what U.S. grocery prices have done in recent years: rockets and feathers. Rockets, because the cost of food eaten at home zoomed up in the aftermath of the pandemic. Feathers, because once prices rise, they’re slow…...
The rupee requires more than reserves
27+ min ago (270+ words) The New Indian Express Rising Brent crude oil prices are again weighing on the Indian currency On Thursday, the rupee fell to 96.73 against the dollar, close to its lowest level in two months In May, it touched an all-time low…...