In a significant economic development, over 45,000 dock workers across the eastern United States have initiated a strike due to ongoing negotiations between the International Longshoremen’s Association (ILA) and the U.S. Maritime Alliance (USMX). This strike comes on the heels of the expiration of the dockworkers’ six-year contract, and it…...

Ripple CEO Brad Garlinghouse recently weighed in on the potential for an XRP exchange-traded fund (ETF) during an interview on ‘The Claman Countdown.’ Notably, crypto asset manager Bitwise has taken significant steps toward launching an XRP ETF by submitting a Form S-1 registration statement to the Securities and Exchange Commission…...

In a recent discussion on “The Claman Countdown,” panelists Tony Crescenzi and Gene Goldman addressed the challenges investors face amidst economic uncertainty, particularly in light of conflicting signals from various sectors. Investors often find themselves navigating a landscape filled with unpredictability, leading to questions about the state of the economy…...

Netflix’s stock has experienced a remarkable surge, rising 50% since the beginning of the year, with shares trading near their 52-week highs. However, the company now faces the pressing challenge of sustaining high and stable viewership levels. In its recent biannual viewership report, Netflix revealed that subscribers watched over 94…...

Rep. Andy Barr from Kentucky is actively discussing a pressing agenda in the House, which revolves around combatting the aggressive practices of China, particularly in the context of TikTok, a social media platform owned by the Chinese company ByteDance. This discussion aligns with broader concerns in Congress about a potential…...

Chris Dane, the president and managing partner of Hickory Global Partners, recently appeared on “Making Money with Charles Payne” to discuss the current state of airline stocks amidst the busy summer travel season. Notably, Spirit Airlines has experienced a significant drop in its stock shares following a report by The…...

The U.S. housing market is facing a significant affordability crisis, exacerbated by a phenomenon known as the “lock-in effect.” This refers to the hesitance of homeowners to sell their properties due to the ultralow mortgage rates they locked in during the COVID-19 pandemic, when the Federal Reserve cut interest rates…...

In light of the current economic climate in the United States, characterized by inflation and stagnant wages, the news of decreasing used car prices is welcoming. An analysis conducted by iSeeCars took a closer look at over 1.6 million one-to-five-year-old used vehicle listings from August 2023 to August 2024 to…...