The situation in many shopping malls across the United States, such as Moreno Valley Mall in California and Westfield Garden State Plaza in New Jersey, has reached a critical point due to increasing incidences of unruly behavior among teenagers. In response to concerns from residents, vendors, and security personnel, several…

Donald Trump’s recent tariff proposals, which range from a 10% tariff on all imports to more drastic measures like a 60% tariff on Chinese goods, have rekindled anxiety among global trade advocates. Much of the concern stems from a fear that these tariffs will destabilize the global trade system, provoke…

On October 3, 2024, a startling revelation emerged from Homeland Security Director Alejandro Mayorkas regarding the Federal Emergency Management Agency (FEMA)’s dire financial situation. Mayorkas acknowledged that despite the substantial allocation of hundreds of millions in funding to assist illegal migrants, FEMA has now depleted its resources and is unable…

The dockworkers’ strike that threatened to disrupt the American economy and supply chain just weeks before the upcoming presidential election has been paused until January 15, diverting a potential political crisis for Vice President Kamala Harris. This significant development was confirmed by Politico, which reported that the union representing tens…

Saudi Arabia has recently adjusted its oil pricing strategy, raising its main oil prices for Asian buyers while simultaneously cutting prices for customers in the US and Europe. The state-owned oil producer, Saudi Aramco, increased the official selling price of its Arab Light crude by 90 cents, now set at…

In recent years, food prices, particularly for meat and poultry, have experienced significant increases, raising concerns about future affordability. According to a report from the U.S. Department of Agriculture’s Food Price Outlook, which was released in September, beef and veal prices have seen a continuous increase for six months and…

French President Emmanuel Macron, despite facing challenges in implementing his reforms within France, aims to pursue a transformative agenda for the European Union (EU), urging for urgent changes to prevent what he describes as an impending demise of the EU. In a recent address at the Berlin Global Dialogue, which…

In a recent interview with CNN’s “Axe Files” podcast, U.S. Treasury Secretary Janet Yellen discussed the complex factors contributing to inflation in the current economic landscape. Alongside her insight into governmental actions, such as the American Rescue Plan, Yellen emphasized that while this financial stimulus did increase demand, the root…

On a recent Friday, European Union (EU) countries finalized their decision to impose significant tariffs on electric cars imported from China, amidst a backdrop of resistance from key member states, particularly Germany. The European Commission had previously provisionally endorsed this move after concluding that the Chinese government’s financial support to…

In September, the U.S. labor market showcased remarkable strength, with employers adding 254,000 jobs and a drop in the unemployment rate to 4.1 percent, as reported by the Department of Labor. This significant gain in employment surpassed economists’ predictions, which anticipated an addition of 150,000 jobs and a slightly higher…

Reza Dilmaghani, a Phoenix-based day trader, typically focuses on equities but has recently shifted his attention to the oil market due to a significant rally in crude prices, marking the largest increase in nearly two years. Since oil prices reached $67, Dilmaghani has been actively trading, praising the market’s orderly…