Markets
Republic First Crashes and Burns
Republic First Bancorp's collapse and rescue by Fulton Financial signal deeper troubles looming for regional banks.
Republic First Bancorp's collapse and rescue by Fulton Financial signal deeper troubles looming for regional banks.
Hiking the minimum wage causes job losses, but it also increases prices.
The U.S. housing market has seen median home prices soar to a record $383,725 with mortgage rates reaching 7.1%.
Recent data shows a continued decline in U.S. drilling activity with fewer active rigs.
Michael Hartnett from Bank of America Securities warns that the next major financial rescue could be for the federal government itself, potentially triggering economic turmoil far surpassing previous crises.
Ahead of the Bank of Japan's meeting, the yen has plummeted to a 34-year low against the U.S. dollar, driven by significant yield disparities and shifting investor preferences.
The 2024 Q1 GDP report unveils a troubling economic scenario in the U.S., signaling a return to the "silent depression" conditions of the 2010s with a mere 1.6% growth rate.
More and more news reports come out concerning the booming economy- but underneath the surface, things are not as they seem. Can we even trust the veracity of the data anymore?
Republic First Bancorp's collapse and rescue by Fulton Financial signal deeper troubles looming for regional banks.
Hiking the minimum wage causes job losses, but it also increases prices.
The U.S. housing market has seen median home prices soar to a record $383,725 with mortgage rates reaching 7.1%.
Recent data shows a continued decline in U.S. drilling activity with fewer active rigs.
Michael Hartnett from Bank of America Securities warns that the next major financial rescue could be for the federal government itself, potentially triggering economic turmoil far surpassing previous crises.
Ahead of the Bank of Japan's meeting, the yen has plummeted to a 34-year low against the U.S. dollar, driven by significant yield disparities and shifting investor preferences.
The 2024 Q1 GDP report unveils a troubling economic scenario in the U.S., signaling a return to the "silent depression" conditions of the 2010s with a mere 1.6% growth rate.
More and more news reports come out concerning the booming economy- but underneath the surface, things are not as they seem. Can we even trust the veracity of the data anymore?
In Q1 2024, U.S. GDP growth decelerated to 1.6%, significantly below expectations and marking a two-year low, raising concerns of stagflation.
UFC fighter Renato Moicano champions Austrian economics, advocating for minimal government intervention and economic freedom based on Ludwig von Mises' principles.
The FDIC is seeking buyers for the financially troubled Republic First Bancorp, intensifying efforts to stabilize the bank and protect stakeholders after a major investment deal collapsed.
The U.S. government's $11 trillion spending spree is reshaping the economy, raising questions about its long-term health and stability.
Following the Francis Scott Key Bridge collapse, Baltimore officials are opening a new, deeper channel to quickly restore port operations.
Facing tariffs, China's steel industry grapples with international criticism and changing global demand.
