September’s Consumer Price Index (CPI) report, set to be released at 8:30 a.m. ET, serves as a critical indicator in evaluating the direction of inflation as the Federal Reserve (Fed) deliberates its upcoming interest rate strategies. Expectations suggest a headline inflation rate of 2.3%, a decline from August’s 2.5%, which…

On a recent episode of “The Late Show,” Vice President Kamala Harris shared a light-hearted moment with host Stephen Colbert as they enjoyed a beer together. This interaction was framed as an attempt to soften Harris’s public image, adhering to the familiar political adage that likability can be swayed by…

U.S. regional banks are poised to benefit from a recent monetary policy shift by the Federal Reserve, which has introduced a significant rate cut that comes as these lenders prepare to report their third-quarter earnings. The reduction in interest rates is expected to ease the capital burden on regional banks,…

The legislative landscape in the United States for sound money is undergoing a significant transformation, marking 2024 as potentially one of the most successful years in the movement’s history. Spearheaded by organizations such as Money Metals Exchange, sound money advocates achieved a total of seven important legislative victories this year,…

Mexican President Claudia Sheinbaum is poised to gain greater control over the national oil company, Pemex, and the state electricity utility, Comision Federal de Electricidad (CFE), through pending legislation that is likely to secure approval from Mexico’s Chamber of Deputies, the lower house of Congress. The legislation involves reclassifying Pemex…

CEO Matt Mullenweg of Automattic has recently offered frustrated employees a buyout package as the company faces a significant dispute with rival WP Engine. The buyout package, which amounts to either $30,000 or six months’ salary, aims to encourage those unhappy with the company’s direction, particularly in relation to the…

Brazil’s inflation rate for September has risen to 4.42% year-on-year, driven largely by the impacts of an unprecedented drought that has affected electricity and food prices. This inflation figure, though slightly below the median economist forecast of 4.44%, indicates a continued upward pressure on prices, which rose 0.44% from the…

As the U.S. Department of Justice (DOJ) approaches the final stages of its second antitrust trial against Google, stakeholders are bracing for significant potential changes in the company’s structure. The DOJ is considering asking the court to compel Google to divest certain parts of its business to rectify the monopoly…

On a Wednesday morning, the Dow and the S&P 500 futures were indicating a steady market open as investors eagerly awaited the Federal Reserve’s latest meeting minutes. However, shares of Alphabet, Google’s parent company, experienced a dip of 0.6% in premarket trading. This decline followed announcements from the U.S. Department…

The US dollar is experiencing its longest win streak in over two years, driven by the resilience of the US economy, which is prompting traders to reassess their expectations regarding Federal Reserve interest-rate cuts. The Bloomberg Dollar Spot Index rose for the eighth consecutive day, reflecting a nearly 2% increase…

Singapore’s monetary policy is under close scrutiny as the central bank, the Monetary Authority of Singapore (MAS), prepares for a scheduled review amid uncertainty in inflation and economic growth due to ongoing geopolitical tensions. Analysts polled by Reuters predict that MAS is unlikely to make any adjustments to its monetary…