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Economy & Finance

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race

Globalstar Soars On Amazon Buyout Report Amid Satellite Constellation Race Globalstar shares surged 12% in premarket trading in New York… …marking their biggest jump in nearly five months, after the Financial Times reported overnight that Amazon is in talks to acquire the satellite operator, a move that would certainly intensify the race to build satellite constellations.  […]

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Oil Nears War-Highs As Iran’s ‘Highest Bridge In Middle East’ Destroyed After Trump’s ‘Back To Stone Age’ Threat

Oil Nears War-Highs As Iran’s ‘Highest Bridge In Middle East’ Destroyed After Trump’s ‘Back To Stone Age’ Threat Summary Oil prices surge after no mention of ceasefire while vowing to keep hitting Iran ‘extremely hard’ in Wed. night Trump speech US intelligence assessments say Iran is not ready to negotiate given it believes it has the

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Democrats Ask Judge To Block Parts Of Trump’s Election Order

Democrats Ask Judge To Block Parts Of Trump’s Election Order Authored by Kimberley Hayek and Matthew Vadum via The Epoch Times, Democrats asked a federal judge Wednesday to block parts of President Donald Trump’s executive order on federal elections. The lawsuit challenges Trump’s directive, signed a day earlier, that will create a list of eligible

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‘No Hire, No Fire’ Economy Continues As Job Cuts Tumble, Claims Near Record Lows

‘No Hire, No Fire’ Economy Continues As Job Cuts Tumble, Claims Near Record Lows U.S.-based employers announced 60,620 job cuts in March, up 25% from 48,307 cuts announced in February. It is down 78% from the 275,240 cuts announced during the same month last year, according to a report released Thursday from global outplacement and

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Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War

Futures, Bonds Tumble, Oil Soars After Trump Dashes Hopes For Early End To Iran War Global risk assets, including US equity futures and global markets, as well as Treasuries and precious metals, tumbled as oil soared with Brent hitting $110 this morning after Trump’s late Wednesday speech refused to pivot and dashed hopes that the Hormuz

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4 Million Children Have Been Signed Up For Trump Accounts: IRS

4 Million Children Have Been Signed Up For Trump Accounts: IRS Authored by Naveen Athrappully via The Epoch Times, American taxpayers have signed up over 4 million children to the tax-advantaged Trump Accounts, and more than 1 million of those accounts have elected to receive the $1,000 pilot contribution from the government, the IRS said

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U.S. Alerts Goldman Sachs Paris After Iranian Group Threatens Terror Bombing

U.S. Alerts Goldman Sachs Paris After Iranian Group Threatens Terror Bombing Five days after French authorities foiled a terror plot targeting Bank of America’s Paris headquarters, the threat environment facing U.S. financial institutions in the French capital appears to be worsening. New reporting from Le Parisien says Goldman Sachs’ Paris headquarters was placed under police

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New Warning Sign: 1 In 4 Workers Have Cut 401k Contribution Rate

New Warning Sign: 1 In 4 Workers Have Cut 401k Contribution Rate Another light on America’s economic dashboard is blinking red, as money-pinched workers are cutting their 401k contribution rates. The news follows our earlier report on hardship withdrawals from the cornerstone retirement savings accounts hitting a record high. Critically, these numbers don’t reflect what workers

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Is Trump About To Crush The Cartels In Ecuador?

Is Trump About To Crush The Cartels In Ecuador? Authored by Steve Watson via Modernity.news, President Trump is taking the fight directly to the drug cartels by launching aggressive military operations in Ecuador with the full backing of the country’s right-wing president.  Trump believes that the time has come to directly confront the narco-terrorists flooding American communities with poison.

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