Investments and Business

August 25, 2024

Exploring the effect of recent economic developments on Federal Reserve strategies

Kyle C. Garrison

On a crucial Friday, Federal Reserve Chairman Jerome Powell laid out the groundwork for upcoming interest rate cuts, but gave no details on the expected timing or scope of those…

Investments and Business

August 24, 2024

Delta announces Mike Spanos’ departure as he seeks new opportunity after short tenure

Kyle C. Garrison

Delta Airlines has announced that Chief Operating Officer Mike Spanos will leave the airline at the end of this month, as detailed in a recent securities filing. CEO Ed Bastian…

Investments and Business

August 24, 2024

Speculation grows about a possible half-point rate cut by the Fed in September

Kyle C. Garrison

In recent weeks, financial markets have been abuzz with speculation about the Federal Reserve's next move. One particularly intriguing possibility is emerging: a significant half-point rate cut in September. This…

Investments and Business

August 23, 2024

Anticipating Powell’s speech at Jackson Hole: policy changes on the horizon

Kyle C. Garrison

Jackson Hole, Wyoming — As the financial community eagerly awaits Federal Reserve Chairman Jerome Powell’s speech on Friday, clarity is expected on the anticipated shift in interest rate policy following…

Investments and Business

August 23, 2024

Second-hand home sales rebound in July after five months of declines

Kyle C. Garrison

Previously owned home sales rose in July for the first time in five months, up 1.3% from June to a seasonally adjusted annual rate of 3.95 million units, the National…

Investments and Business

August 22, 2024

GMC aims to lead the electric truck market with new Sierra EV

Kyle C. Garrison

In Milford, Michigan, General Motors’ flagship brand GMC is positioning itself as a leader in the all-electric truck segment in the United States. That effort begins with the introduction of…

Investments and Business

August 22, 2024

The boom in online sports betting changes investment behavior

Kyle C. Garrison

More news - News 24 hours The rapid growth of online sports betting, following its legalization in several states, has significantly affected the dynamics of personal finances, especially among economically…

Investments and Business

August 21, 2024

Electric vs. Gas Cars: The Actual Cost of Ownership Depends on Zip Code

Kyle C. Garrison

More news - Latest news The debate over whether electric vehicles (EVs) or traditional gasoline-powered cars offer better long-term value has intensified as EV prices have fallen and charging infrastructure…

Investments and Business

August 20, 2024

Goldman Sachs cuts probability of US recession to 20% after positive economic indicators

Kyle C. Garrison

More news - Recent news Goldman Sachs has lowered its forecast for a potential US recession to 20%, following a reassessment prompted by the latest employment and retail trade data.…

Investments and Business

August 19, 2024

Klarna introduces personal banking services and rewards incentives as it prepares for IPO

Kyle C. Garrison

Related media - Recent news Klarna, a leading fintech known for its innovative “buy now, pay later” services, is further venturing into the realm of traditional banking by introducing a…

Investments and Business