Despite the reminder that economics is a dismal science, talk about an imminent national recession does not sound realistic, economists from the Inland Empire Economic Partnership say.
Originally Published: July 11, 2025 at 7:00 AM PDT
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Al Drago/Bloomberg
At a July 8 cabinet meeting,
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President Donald Trump’s budget chief on Thursday said that Federal Reserve Chairman Jerome Powell “has grossly mismanaged the Fed” and suggested he had misled Congress about a pricey and “ostentatious” renovation of the central bank’s headquarters.
The broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.
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Silver’s breakout above $37.23 and $37.32 confirms bullish momentum, with the 13-year high at $37.62 marking a critical inflection point. While there is no precise upside target in the immediate term, the market is gravitating toward the psychological $40 level if momentum sustains.
Support is layered at $36.16,
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NextEra Energy is a leading utility stock that has fallen out of favor due to the passage of the “One Big Beautiful Bill.”
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Wall Street is hungry for the Snack Wrap: The return of the popular McDonald’s menu item has fueled a stock market surge for the fast food chain.
The Snack Wrap made a comeback at franchises nationwide Thursday after nearly a decade, and Goldman Sachs upgraded its rating for the company’s stock to “buy” in response.
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Bengaluru-based real estate developer Sattva Group will invest Rs 1,500 crore to develop a 30-acre mixed-use project in Visakhapatnam in Andhra Pradesh.
The project will be named ‘Sattva Vantage Vizag Campus’ and the development will offer a combination of Grade A office spaces,
President Donald Trump has launched a fresh assault on global trading partners with Canada likely to be among the worst hit.
In a letter sent to its northern neighbor late on Thursday, Trump said the U.S. will impose a 35% tariff on the country at the start of next month.
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