The dollar and U.S. equities are likely to rise if Republican candidate Donald Trump wins the U.S. presidential election on November 5, per MUFG

The dollar and U.S. equities are likely to rise if Republican candidate Donald Trump wins the U.S. presidential election on November 5, per MUFG. The dollar and U.S. equities are expected to rise—at least initially—if Republican candidate Donald Trump wins the U.S. presidential election

"Wall Street has already priced in a Trump victory," per FORTUNE

"Wall Street has already priced in a Trump victory," per FORTUNE. "The investor community has shown strong support for Trump," Interactive Brokers senior economist Jose Torres told Fortune, based on his conversations and the general sentiment. The market has already started to anticipate a Trump victory,

Elon Musk has said: “Most importantly, we have to reduce spending to live within our means... [and] involve some temporary hardship, but it will ensure long-term prosperity.”

Elon Musk has said, per MSNBC: “Most importantly, we have to reduce spending to live within our means... [and] involve some temporary hardship, but it will ensure long-term prosperity.” During a virtual town hall on Friday, Elon Musk, whom Trump has promised to put in charge of “efficiency” for

Trump's tariff plan would shave as much as $325 billion off US gross domestic product

Per Bloomberg: Like all economic policies, tariffs involve trade-offs. In a recent analysis at The Budget Lab at Yale University, a nonpartisan fiscal research center, I’ve used economic modeling and data to quantify some of these trade-offs. In short, while proposed tariffs may generate some revenue, they

75% of Americans surveyed by WSJ say costs for everyday goods and services outpaced household income in the past year

If it seems like your paycheck hasn’t kept up with inflation, you’re not alone—and you may be right. A recent Wall Street Journal national survey found that about three-quarters of respondents feel that the cost of everyday goods and services has outpaced their household income growth

The mean net worth of the average household has ascended to $1.06 million, up 23% from $868,000 in 2019

The picture of American prosperity shows the average household net worth reaching $1.06 million, up 23% from $868,000 in 2019. This figure, though significant, conceals a more complex and unequal economic reality. While American households appear financially strong, the middle class experiences a different story. Between 2019 and

Teen tobacco use has fallen to a 25-year low

The Centers for Disease Control and Prevention (CDC) and the U.S. Food and Drug Administration (FDA) announced Thursday that tobacco use among middle and high school students has hit a 25-year low. According to the National Youth Tobacco Survey data from the CDC and FDA, 2.25 million

The US Department of Defense has announced today more military aid to Ukraine, worth $425 million

The Pentagon announced on Friday it will send an additional $425 million in military aid to Ukraine as Kyiv readies itself to confront Russian forces reinforced by over 10,000 North Korean troops. Defense Secretary Lloyd Austin had signaled that more aid was on the way during his visit to

FEMA did not answer almost half of the calls it received for disaster aid from survivor

After Hurricane Helene flooded his home in western North Carolina, Ed Toomey called for federal aid. Instead, he got a recorded message. “They told me I was 675th in line,” Toomey, a painter dressed in a spattered shirt, recounted while waiting outside a federal recovery center in Hendersonville. Since Hurricane

Trump sues CBS News for $10 billion alleging 'deceptive doctoring' of Harris' '60 Minutes' interview

U.S. presidential candidate Donald Trump has filed a lawsuit against CBS News, alleging that the network conducted a "misleading" interview with his rival, Kamala Harris. The lawsuit, filed in Texas on Thursday, claims that CBS aired two different responses from Harris regarding the Israel-Hamas conflict in

McDonald's, $MCD, franchisees now have the right to repair their own ice cream machines

McDonald’s frequently maligned and often-broken ice cream machines could soon see a change. On Oct. 25, the U.S. Copyright Office granted an exemption allowing restaurants, including McDonald's, the “right to repair” by bypassing digital locks that previously restricted repairs to the manufacturer only. The familiar

FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud, and has been ordered to forfeit $11 billion

FTX’s Nishad Singh gets no jail time, 3 years supervised release for role in crypto fraud, and has been ordered to forfeit $11 billion. Former FTX executive Nishad Singh was sentenced to time served and three years of supervised release on Wednesday, becoming the fourth ex-employee of the

UK Prime Minister Keir Starmer has said that anyone who owns shares is not a “working person"

Prime Minister Keir Starmer stated that Britons earning additional income from stocks don’t fall under his definition of “working people,” hinting at a potential tax increase for investors. When asked by Sky News whether someone who works but also receives income from shares or property counts as a working

88% of US labor force growth since 2019 due to immigrant workers

Immigrant workers will become the sole source of U.S. labor force growth after 2052, according to recent research by the National Foundation for American Policy (NFAP). The report suggests that the number of Americans in prime working age will level off much sooner, with implications for U.S. economic

Charles Schwab, SCHW, expands 24-Hour trading to include S&P 500, Nasdaq-100s stocks, and hundreds of ETFs

Charles Schwab, $SCHW, expands 24-Hour trading to include S&P 500, Nasdaq-100s stocks, and hundreds of ETFs. Charles Schwab (SCHW) announced Wednesday its plans to broaden its 24-hour trading services, making it the latest brokerage to embrace round-the-clock market access. Initially, select Schwab clients

Robert F. Kennedy Jr. has that former President Donald Trump has promised to give him “control” of several public health agencies

“I’m going to let him go wild on health,” former President Donald Trump declared Sunday at his rally at Madison Square Garden. “I’m going to let him go wild on food. I’m going to let him go wild on medicines.” Trump was referring to Robert F. Kennedy

A Russian court has ruled that Google, GOOGL, owes Russian media stations around $20 decillion ($20,000,000,000,000,000,000,000,000,000,000,000) in fines for blocking their content

A Russian court has ruled that Google owes local media stations an astronomical fine of around $20 decillion for blocking their content, and the penalty could continue to grow. To put that figure in context, the World Bank estimates global GDP at approximately $100 trillion, a mere fraction of the

A 'red wave'--where Republican candidate Donald Trump becomes president and Republicans control Congress--would be the most positive result for the US dollar

A Kamala Harris victory in November’s U.S. presidential election is viewed as more favorable for Treasuries and less beneficial for stocks compared to a win for Donald Trump, according to a Bloomberg Terminal subscriber survey. Half of the survey participants indicated they would increase their equity exposure if

SMCI current auditor E&Y has just resigned over “governance and transparency concern”

Super Micro Computer (NASDAQ: SMCI) shares plummeted by nearly 30% in premarket trading on Wednesday after the company’s auditor, Ernst & Young LLP (EY), resigned. According to a regulatory filing, EY submitted a letter of resignation to the members of the audit committee on October 24. In its filing,

"Trump tariffs could increase laptop prices by $350+, other electronics by as much as 40%," per Tom's Hardware

If Donald Trump wins the 2024 U.S. presidential election, you might find your next laptop significantly more expensive. As part of his campaign, the former president and GOP candidate has pledged to impose hefty tariffs of 10% to 20% on goods from all countries, with a special 60% rate

Trump has accused Taiwan of stealing US chip business

Former President Donald Trump expressed his frustration with Taiwan over the weekend during an appearance on The Joe Rogan Experience podcast, accusing the country of "stealing" the U.S. chip industry. Trump criticized the U.S. CHIPS Act and announced that if elected, he would impose tariffs on

Joe Rogan turned down Kamala Harris interview over Kamala's campaign demands

J.D. Vance, running mate to former President Donald Trump, will be interviewed by Joe Rogan on Wednesday, following Rogan's decision to decline an interview with Vice President Kamala Harris due to her campaign's conditions. The Harris campaign had requested that Rogan travel to her location

Boeing, BA, has overcharged the Air Force by nearly 8,000% for soap dispensers

Boeing (BA.N) overcharged the U.S. Air Force for spare parts for C-17 transport planes, including marking up the price of soap dispensers by 7,943%, according to a report from a Pentagon watchdog. On Tuesday, the Department of Defense Office of Inspector General revealed that the Air

Donald Trump has his largest ever lead on Polymarket, with a 67% chance to win the US Presidential election, compared to Kamala Harris' 33%.

Election betting has taken a prominent role in the 2024 campaign, with mainstream publications now featuring odds alongside polls and other election models. Millions are watching these betting markets closely, speculating on whether market dynamics are revealing genuine probabilities for the election outcome. This level of attention is a recent

Goldman Sachs, GS, says that S&P 500 will post an annual return of 3% over the next decade down from 13% over the last decade

Goldman Sachs, $GS, says that S&P 500 will post an annual return of 3% over the next decade down from 13% over the last decade. According to Goldman Sachs, the exceptional stock market performance of the past decade could be followed by a period of significantly lower returns