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Economy

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Economy

Economic momentum in the US hindered by reduced business spending but aided by consumer strength

Peter G. Killigang

Durante el cuarto trimestre de 2024, el crecimiento económico de Estados Unidos se desaceleró, avanzando a una tasa interanual de 2.3%, una caída respecto al 3.1% registrado en el trimestre…

Economy

Empatia Cigars, the world’s finest cigars for the ultimate smoking experience

Peter G. Killigang

The world of luxury cigars is one where history, tradition, and craftsmanship converge to create products of exquisite quality and timeless appeal. At the pinnacle of this niche industry stands…

Economy

Rohit Chopra testifies before Congress as CFPB takes legal action against Zelle

Peter G. Killigang

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), testified before the Senate Committee on Banking, Housing, and Urban Affairs in late November 2023, addressing ongoing consumer financial protection…

Economy

Dolphin Entertainment CEO increases ownership, signaling confidence in the company's future

Peter G. Killigang

William O'Dowd IV, CEO of Dolphin Entertainment Inc. (NASDAQ:DLPN), increased his personal investment in the company by acquiring an additional 13,000 shares of common stock. The shares were purchased at…

Economy

The Federal Reserve plans to cut rates despite persistent inflation and a strong economy

Peter G. Killigang

Federal Reserve Chair Jerome Powell and the Federal Open Market Committee (FOMC) will announce their latest monetary policy decision on Wednesday, and market participants are preparing for a surprising move.…

Economy

US new vehicle sales expected to hit highest levels since 2019 due to falling prices and rising inventories

Peter G. Killigang

The U.S. auto market is poised for its strongest performance in years, with new vehicle sales expected to rise to levels not seen since 2019. Industry analysts expect a recovery…

Economy

Nissan and Honda are reportedly considering merging for a competitive advantage in the global auto market

Peter G. Killigang

Japanese automakers Nissan Motor and Honda Motor are reportedly in discussions regarding a potential merger The Nikkei newspaper. The move, which could reshape the global automotive landscape, aims to improve…

Economy

UK economy contracts in October, raising concerns about growth and inflation

Peter G. Killigang

The UK economy unexpectedly contracted in October, exacerbating fears of a prolonged economic slowdown as businesses and households grapple with uncertainty. According to the Office for National Statistics (ONS), gross…

Economy

China engages US financial leaders as it prepares for potential trade tensions under Trump

Peter G. Killigang

In an effort to address expected challenges to U.S.-China relations under President-elect Donald Trump, Chinese Vice Premier He Lifeng recently met with several top U.S. financial executives. These meetings come…

Economy

Hershey shares rise as Mondelez acquisition rumors resurface

Peter G. Killigang

Hershey shares surged as much as 15% in Monday trading following a Bloomberg report suggesting Mondelez may attempt another takeover of the iconic chocolate company. This marks a notable development…