The United States imports 100% of its natural graphite – a material that makes up roughly 68% of a battery’s weight and is used in defense systems, aerospace and industrial applications. Almost half of that supply comes from China. For decades, that dependency was treated as a cost of doing business problem. Washington is now […]
It’s been a turbulent week in the world of global trade. From chairman Donald Trump‘s tariff battles to a potential AI crisis, here’s a quick recap of the week’s top stories. Peter Schiff challenges Trump’s tariff strategy Renowned economist Peter Schiff criticized US trade policy on Friday. This came as Trump announced a new 10% […]
On Friday, famous economist Peter Schiff criticized US trade policy as president Donald Trump lashed out at the Supreme Court, unveiling a new 10% global rate after a major legal setback. Schiff returns to the ‘Ripping Off’ story Schiff took over X to challenge the long-standing claim that foreign nations are exploiting the US through […]
Renowned economist Mohammed El-Erian has signaled a major structural shift in global finance as China’s share of the US Treasury market fell to a 15-year low, raising concerns about future demand for US debt. Great retreat Data shared by El-Erian shows that China’s holdings of US government bonds now represent just 7% of the total […]
U.S. stock futures swung between gains and losses on Friday after Thursday’s lower close. Futures on major benchmark indices were mixed. Investors, as experts say, are waiting for January’s inflation figures Tom Lee estimates that core CPI will fall to 2.52% year-on-year – matching the 2017-2019 average and signaling a return to pre-COVID-19 inflation. Meanwhile, […]
The United States and Taiwan have signed a trade deal that will reduce tariffs on Taiwanese exports to 15% and open the island’s market to American goods. US purchase commitment of $84 billion The new trade deal brings tariffs on Taiwanese exports in line with those of other Asian allies such as Japan and South […]
Days after a partial government shutdown was lifted after president became president Donald Trump signed a $1.2 trillion financing package, another government shutdown threatens on February 14. The Department of Homeland Security (DHS) is facing a partial shutdown after Senate Democrats blocked two funding bills on Thursday, according to a report report by The Washington […]
It’s been a roller coaster week at the market. From the potential impact of Trump policies to the freefall of software stocks, here’s a look at the weekend’s top stories. Trump’s ‘One Big Beautiful Bill’ could deliver 15% earnings growth by 2026 Significant increase in US manufacturing could lead to 15% earnings growth by 2026 […]
President Donald Trump called for a one-year limit, setting credit card interest rates at 10%, saying the American public is being “ripped off.” The move has drawn criticism from both sides of the political spectrum, with Sen. Sen. Bernie Sanders (I-Vt.) called it “unacceptable.” Trump announced the limit on Friday from January 20 in a […]
The S&P500 pushed to new record highs in afternoon trading on Wednesday, extending a three-day rally and setting expectations for a fourth straight gain. • Alphabet stocks are moving into positive territory. Why Are GOOG Stocks Rising? By midday, the benchmark index in New York was hovering around 6,963.30, up 0.3%. The Nasdaq100 performed better, […]