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U.S. Treasury Secretary Scott Bessent expressed confidence that the administration would be able to enforce its tariff policies, regardless of the outcome of an ongoing Supreme Court case.
First Lady Melania Trump's former immigration attorney criticized Sen. Bernie Moreno's (R-Ohio) bill that would require U.S. citizens to renounce any foreign citizenship they hold, thus ending dual citizenship.
The dollar decline is trying to gather some pace with December’s negative seasonality pairing up with poor US data and lingering USD overvaluation relative to short-term drivers.
A surprise drop in private-sector jobs pushed rate-cut expectations even higher and lifted stocks, even as fresh doubts about enterprise AI spending knocked Microsoft lower. Under the surface, chipmakers, retailers, and high-growth software names showed just how narrow and rotational this market still is.
The Japanese Yen (JPY) extends its sideways consolidative price move against the broadly rebounding US Dollar (USD) through the early European session on Thursday amid mixed cues.
President Donald Trump is reportedly contemplating appointing U.S. Treasury Secretary Scott Bessent as his chief economic adviser if incumbent Kevin Hassett is chosen as the next Chairman of the Federal Reserve.
Quanta Services has delivered better returns than the Dow Jones Industrial Average over the past year, and analysts maintain a moderately positive outlook on the stock’s growth potential.
Otis Worldwide has outperformed the broader industrial sector over the past year, yet analysts maintain a cautious stance on the stock’s forward outlook.
Although IDEXX Laboratories has outperformed the healthcare sector over the past year, analysts remain cautiously optimistic about the stock’s prospects.
U.S. manufacturing may still show rising output, but employment and hours worked are falling — a sign that production gains are driven by automation, firm consolidation, or capital-intensive activity rather than job growth.
Nvidia CEO Jensen Huang told Joe Rogan that AI's biggest hurdle is now electricity, predicting tech giants will soon rely on their own small nuclear reactors to power the explosive growth of data centers.
Renowned investor Ross Gerber likened prediction markets to "illegal sports betting" on Wednesday, December 3, amid a legal crackdown on such platforms.
