by Ming Mui | Jan 6, 2025 | Domestic, Economics, Politics
Michael Barr announced he would step down as the Federal Reserve’s head of banking supervision, citing potential conflicts with former President Donald Trump as a key reason for his decision. Barr, who has held the position since 2022, expressed concern that any...
by Leland Li | Dec 30, 2024 | Domestic, Events, Market News, Stock Market
The U.S. stock markets will be closed on January 9, 2024, in observance of a national day of mourning for former President Jimmy Carter, who passed away on December 29 at the age of 100. Carter, who served as the 39th president from 1977 to 1981, was the...
by Jessica Gwathney | Dec 3, 2024 | Economics, International Buzz, Politics
South Korea’s won tumbled to its weakest level in over two years, hitting 1,427.10 against the U.S. dollar, after President Yoon Suk Yeol’s shocking announcement of martial law on Tuesday. The sudden drop in the currency comes amid growing uncertainty over...
by Leland Li | Nov 19, 2024 | Domestic, International Buzz, Market News, Politics
After a steep decline on Monday, U.S. stocks are making a slight recovery on Tuesday, as investors digest the latest developments in the ongoing geopolitical tensions between the United States and Russia. On Monday, the Dow Jones Industrial Average plummeted 400...
by Elvis Guaman | Sep 9, 2024 | Investing News, Market News, Stock Market, The Market Buzz
The U.S. stock markets are making a notable recovery after a challenging week that saw significant declines. Following what was described as the S&P 500’s worst week since early 2023, the major indices have rebounded, signaling renewed investor optimism and...
