Tag: Economy

If you’re watching plans to name a new Fed Chair like its a political horse race, Kevin Hassett, the White House economic adviser and front‑runner to replace Jerome Powell looks like the favorite who suddenly hit a rough patch on the final turn. According to a CNBC report…

The furniture industry has suffered from economic distress this year, with several retail chains closing store locations and a number of them filing for bankruptcy. Common reasons for retailers’ financial problems have included rising labor and product costs driven by inflation, increased tariff …

J.P. Morgan’s global chair of investment banking to retire, memo says

Oracle (ORCL) reported its Q2 earnings on December 10, after market close. The earnings report disappointed investors, and the stock took a tumble on the following day, closing at $198.85, or 10.8% lower. It continued to slide on Friday, Dec. 12, ending the trading session 4.47% lower with a …

Nomura seeking private debt acquisitions in alternatives push, CEO says

China’s small bank mergers shrink sector but raise financial risks

The craft beer industry has suffered a devastating year in 2025, as over 250 breweries in the U.S. closed down permanently in the first six months of the year. Most craft breweries blamed rising costs, slowing taproom traffic, and fierce retail competition as the reasons for their demise…

It’s been a frustrating holiday season for those who have recently been laid off or seen wage growth stagnate even as prices for seemingly everything have increased. Unemployment has risen and is significantly above the levels seen in 2023, while inflation has rebounded since April due to President …

What are the macroeconomic consequences of a weaker rupee

US regulator grants crypto firms initial approval to launch trust banks