Germany has been thrust into a state of political upheaval after Chancellor Olaf Scholz dismissed Finance Minister Christian Lindner, effectively dissolving the three-party coalition that governed Europe’s largest economy. The dramatic move comes amid months of deepening divisions within the government, which had already been struggling with low public support.…
The US has picked Donald Trump over Democratic candidate Kamala Harris as its next President. The Republican candidate is broadly expected to raise tariffs on foreign goods that many believe will lead to higher prices, lower income, and economic retaliation from other nations. As the international trade potentially reshapes under…
The S&P 500 opened higher on Wednesday following Donald Trump’s victory over Kamala Harris in what many consider one of the closest presidential races in US history. According to Jay Hatfield, founder and chief investment officer of InfraCap, the strength in the benchmark index is likely to continue through the…
Tesla Inc (NASDAQ: TSLA) was up 13% on Wednesday after Donald Trump scored a political comeback to be elected the 47th President of the United States. But that’s just a drop in the bucket compared to where the EV stock is headed now that Republicans have regained control of the…
Donald Trump’s return to the White House marks a historic win. He is now only the second president, after Grover Cleveland, to serve non-consecutive terms. Trump’s victory signals a likely shift in US policy, as his administration eyes tax cuts, immigration restrictions, and sweeping trade tariffs. While equity markets, the…
Small-cap stocks and Bitcoin-related shares are rallying sharply following Donald Trump’s win in the US presidential election, with investors anticipating policies that could benefit smaller companies and boost the crypto market. The iShares Russell 2000 ETF (IWM), which tracks small-cap stocks, jumped 6% on Wednesday, marking one of its largest…
With Donald Trump reclaiming the White House, ESG (environmental, social, and governance) fund managers are bracing for a renewed wave of GOP-led opposition. Trump’s return is expected to energize conservative campaigns against ESG investing, and legal risks for these funds are set to intensify. The impact of Trump’s win on…
When the Federal Reserve wraps up its latest meeting on Thursday, investors anticipate a notable, though predictable, outcome: a 25 basis point interest rate cut. This decision aligns with efforts to recalibrate monetary policy as economic data points to moderated inflation and a cooling job market. Yet, while the cut…
The Australian government has announced groundbreaking legislation to establish a minimum age of 16 for social media access, positioning itself as a global leader in online child safety. Prime Minister Anthony Albanese declared, “Social media is doing harm to our kids and I’m calling time on it,” emphasizing the urgency…
The 2024 midterm elections witnessed an unprecedented level of financial influence from the cryptocurrency industry, resulting in a resounding victory for candidates who have embraced digital assets. This carefully orchestrated campaign, backed by significant financial resources, has dramatically altered the political landscape and promises to significantly impact the future of…