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A Record-Breaking Year for US Stocks Amid Election-Year Dynamics

Aline Medeiros | June 25, 2024

Key Takeaways: The S&P 500 has hit record highs 31 times in 2024. Election years generally favor stocks, especially with incumbent presidents running for re-election. Analysts are revising year-end targets upwards despite potential volatility. As we approach the midpoint of 2024, US stock markets are on an unprecedented tear, with the S&P 500 breaking records […]

How Will Rising Jet Fuel Prices Impact Inflation and Airfares?

TipsForTraders | March 21, 2024

The recent Federal Reserve meeting offered a wealth of insights, reflecting on the complex interplay between monetary policy and market expectations. From nuanced shifts in rate cut forecasts to long-term interest rate projections, the discussions held critical implications for both the financial markets and the broader economy. Here are four significant takeaways from the deliberations […]

Lockheed’s HIMARS Plant Gearing Up to Meet Demand After Ukraine Success

reuters | February 28, 2023

By Mike Stone CAMDEN, Arkansas (Reuters) – Lockheed Martin’s mobile rocket launcher plant in Camden, Arkansas is gearing up to boost production of the HIMARS system after its success on the battlefield in Ukraine drove up demand from other nations, executives said on Monday. The High Mobility Artillery Rocket System (HIMARS) is now a widely […]

Yellen says EV battery mineral trade pacts can likely bypass Congress

reuters | February 24, 2023

By David Lawder BENGALURU (Reuters) – U.S. Treasury Secretary Yellen said on Friday that she expects that future limited free trade agreements focused on battery minerals with the European Union and other trusted allies would not need approval from Congress. Yellen told reporters on the sidelines of a G20 finance meeting in India that such […]

U.S. weekly jobless claims increase, labor market still tight

reuters | February 9, 2023

WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits increased more than expected last week, but remained at levels consistent with a tight labor market. Initial claims for state unemployment benefits rose 13,000 to a seasonally adjusted 196,000 for the week ended Feb. 4, the Labor Department said on Thursday. Economists […]

Ukraine’s parliament amends 2023 budget, raises spending

reuters | February 7, 2023

KYIV (Reuters) – Ukraine’s parliament approved changes to the 2023 state budget on Tuesday, raising state spending to support small businesses and channel more funds into reconstruction and recovery projects following Russia’s invasion. Roksolana Pidlasa, the head of the parliamentary budget committee, said spending had been increased by 5.5 billion hryvnias ($150 million). The increase […]