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News
China's Record Trade Surplus Is Becoming a Global Problem, Former US Trade Chief Warns: 'Chinese Overcapacity is Approaching a Breaking Point"
6+ day, 6+ min ago (476+ words) China's export-driven economic model is approaching a point where global markets may no longer be able to absorb its growing supply of manufactured goods. The country's trade surplus reached nearly $1.2 trillion in 2025, growing three times faster than global goods trade,…...
Risk Analyst Says Trump Has 'No Real Power' Over Markets, Slams Soaring Diesel, Gas Costs-Warren Says 'Highest Labor Day Gas Prices"
6+ day, 4+ hour ago (410+ words) President Donald Trump may have lost his ability to influence oil markets as tensions with Iran escalate, according to Obsidian Risk Advisors Managing Principal Brett Erickson. Gas Hits Labor Day High In a post on the social media platform X…...
Republican Congressman Bearish on Stocks? $7 Million+ Sold in 2026, Including 28 Recent Moves
1+ week, 1+ day ago (291+ words) The buying and selling of stocks by members of Congress continues to generate strong interest from retail investors, especially when the transactions are mostly sales. Here's a look at one member of Congress who may be bearish on the stock…...
US stocks fall on rising expectations of rate hike by Federal Reserve
1+ week, 2+ day ago (335+ words) The United States benchmark indices moved sharply lower on Friday, September 4, as stronger than anticipated August payrolls data increased expectations that US Federal Reserve could raise interest rates at its next rate setting meeting due later this month. Dow Jones…...
Congressman Sells Apple Two Weeks Before CEO Change, Buys Another Magnificent Seven Stock
1+ week, 2+ day ago (282+ words) A member of Congress may have Magnificent Seven stocks on the mind, with a recent disclosure showing the sale of one and the purchase of another. Here's a look at the moves. Rep. John McGuire (R-Va.) recently disclosed several stock…...
Scott Bessent Blames 'Energy Shock' Partly on Ukraine, Says Kyiv 'Wants to Blow Up Russian Energy Assets' as Iran War Keeps Oil Prices Elevated
1+ week, 4+ day ago (304+ words) Treasury Secretary Scott Bessent partly blamed Ukraine for the global "energy shock," arguing that Kyiv's attacks on Russian energy infrastructure are adding to price pressure driven by the U.S.-Iran war. Bessent Links Ukraine Strikes To Energy Shock "We are going…...
Dutch central bank shifts billions in gold to London in 'crisis preparedness' move
1+ week, 4+ day ago (269+ words) THE HAGUE, Sep 2: The Dutch central bank announced on Wednesday that it has moved billions of dollars worth of its gold reserves out of North America in a move it described as "crisis preparedness" in a time of global political…...
Trump Wants Beef Prices to Come Down, But GOP Congressman Warns Washington's Import Push Could Pull the 'Rug Out' From Ranchers
1+ week, 4+ day ago (255+ words) Rep. Troy Downing (R-Mont.) warned that President Donald Trump's expansion of lower-tariff beef imports risks pulling "the rug out from underneath" U.S. ranchers as the White House tries to cool record grocery prices. Downing Warns Ranchers Need Market Stability "Our ranchers…...
Mark Carney Slams Trump Trade Talks Over 'Uncompetitive' Terms for Autos, Other Industries: Says American Auto Industry Is 'Stronger' Because of Canada
1+ week, 5+ day ago (422+ words) Canadian Prime Minister Mark Carney said that the U.S. deal would've placed the Canadian auto industry at a disadvantage as President Donald Trump 's tariffs cast uncertainty over the North American auto sector. Talks Between U.S. And Canada Diverged Addressing the press…...
Josh Kushner regrets Fifa World Cup deal: 'Had we known, we would not have gotten involved"
1+ week, 5+ day ago (375+ words) Venture capitalist Josh Kushner said his company Thrive would not have become involved in Fifa President Gianni Infantino's proposal to sell part of the commercial rights of the World Cup to private investors if they had known how it would…...