President Donald Trump’s promise of a $5,000 "dividend" for U.S. adults, if Republicans retain control of Congress after the midterm elections, is facing questions over how the roughly $1.2 trillion payout would be financed, with economist Peter Schiff pointing to…
On Friday, Russian President Vladimir Putin accused Western powers of using increasingly aggressive tactics to protect their global influence as he called on BRICS countries to build a more independent economic platform. Putin Accuses West of Protecting Its Global Leadership…
Leveraged funds are becoming increasingly bearish on U.S. technology stocks, with short positions in Nasdaq-100 futures climbing to about $75 billion, according to Commodity Futures Trading Commission (CFTC) data collated by The Kobeissi Letter, which was highlighted in a post…
Traders spent this week repricing the Federal Reserve. The implied probability of an interest rate increase at next Wednesday’s meeting climbed from roughly a coin flip to about 90% after back-to-back inflation reports left little room to argue that price…
Shares of Korea Electric Power Corp. (NYSE:KEP) are trading higher Friday afternoon, as U.S.-listed South Korean equities rally on reports that Seoul and Washington are finalizing a landmark energy investment agreement exceeding $100 billion. Here’s what investors need to know.…
