America’s economy faces a potential war shock: Surging oil prices
CNN
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The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three nuclear facilities in Iran.
High oil and gas prices are a near certainty, experts say. The big question now: How long will the fossil fuels price spike last?
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Read MoreHow Iran Could Shake Up Global Economy In Response To US Strikes
Iran is reportedly weighing blocking a key commercial choke point known as the Strait of Hormuz, a move that could drive up energy costs in the U.S. and across the globe, according to energy sector experts who spoke with the Daily Caller News Foundation.
Israel began to bombard Iran to eliminate the Islamic Republic’s ability to build a nuclear weapon on June 13,
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Read MoreWith border now secure, US needs to boost legal immigration to strengthen economy, workforce, study finds
President Trump and Congress should approve new laws to boost legal immigration to strengthen the US economy and workforce in the coming decades now that the border is secure, a new study said.
“Immigrants are likely to be more valuable than ever in achieving higher economic growth over the next several decades,” according to analysis by the right-leaning group Unleash Prosperity.
Read MoreU.S. strikes on Iran come at fragile moment for the global economy
U.S. strikes on Iran’s three main nuclear facilities come at a fragile moment for the global economy, and the outlook now hinges on how forcefully the Islamic Republic retaliates.
The World Bank, the Organization for Economic Cooperation and Development and the International Monetary Fund have all downgraded their global growth forecasts in recent months.
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Read MoreWarren Buffett’s Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America
Warren Buffett, chairman and CEO of Berkshire Hathaway (BRK.B) (BRK.A), highlighted a striking corporate evolution in his 2024 shareholder letter. The conglomerate’s journey — from paying no federal income tax in 1965 due to company woes,
The Burst
72 Year Old American Diner with 40% Upside?
While the world focuses on AI, the leaders over at Denny’s are snapping up shares as part of a buyback scheme. The move is perplexing at first glance with sales decidedly flat for some time and no obvious catalyst to spark growth on the top line near-term.
So, what exactly are the Board of Directors and management seeing in the numbers that makes the restaurant chain worthy of investing in?
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Read MoreThe Ivy
This Airline Just Made a Huge Change, Will It Pay Off for Investors?
Southwest Airlines (NYSE:LUV) is one of America’s major air transportation companies. Recently, under pressure to deliver improved value for shareholders and renewed growth, the company announced a slate of changes that could, if successful, increase both its top and bottom lines in the years to come.
Today, let’s take a look at Southwest Airlines to see if LUV is a buy,
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Read MoreThe Spotlight
Will Bitcoin Hit an All-Time High Before the Election?
Will Bitcoin hit an all-time high before voters head to the polls?
While Bitcoin has demonstrated its potential to defy expectations, a new set of circumstances, including institutional support, hedge fund interest, and political influences, are converging, making the coming weeks critical for Bitcoin’s price trajectory.
So how high can Bitcoin go?
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