Renowned economist Peter Schiff on Wednesday called Treasury Secretary Scott Bessent‘s remarks during an interview about old gold and silver certificates “misinformed,” questioning the secretary’s understanding of U.S. currency history. Schiff Questions Fort Knox Assurances In a post on X,…
Shares of J B Hunt Transport Services Inc (NASDAQ:JBHT) rose sharply in pre-market trading after the company posted upbeat results for the second quarter. JB Hunt Transport reported quarterly earnings of $1.91 per share, which beat the analyst estimate of…
The S&P 500 climbed for a second straight session on Wednesday as fresh signs of easing inflation and upbeat corporate earnings supported equities. However, Polymarket traders are growing more cautious about Thursday’s open. The S&P 500 gained 0.38% to close…
Jamie Dimon, CEO of JPMorgan Chase & Co. (NYSE:JPM), has announced a $24 million initiative aimed at rejuvenating the American shipbuilding industry. Dimon’s latest initiative is targeted at bolstering industries that are key to the U.S. economy and national security. The $24…
Federal student loan borrowers pursuing Public Service Loan Forgiveness, or PSLF, are facing new eligibility rules after key provisions of President Donald Trump‘s One Big Beautiful Bill Act took effect on July 1, changing which repayment plans qualify and limiting…
The U.S. and Iran are currently exchanging strikes and President Donald Trump has announced the restoration of the U.S. naval blockade on Iranian ports. The blockade is aimed at preventing ships from Iran and its customers from passing through the…
The Trump Administration announced a 25% tariff on most Brazilian imports late Wednesday, effective July 22. The U.S. has invoked Section 301 of the Trade Act of 1974, targeting certain Brazilian practices, which include directives to American tech giants like Elon Musk‘s…
Former House Speaker Nancy Pelosi criticized President Donald Trump and congressional Republicans, arguing that their budget priorities favor military spending over addressing the financial challenges facing American families. Pelosi Slams GOP Budget Priorities On Wednesday, Pelosi targeted Trump and Republicans…
Rep. Ted Lieu (D-Calif.) criticized Treasury Secretary Scott Bessent after he promoted a new Trump-themed $1 gold coin, arguing the administration should focus more on economic challenges facing Americans. Lieu Criticizes Bessent’s Trump Coin Announcement On Wednesday, in a post…
Demand for gasoline in the U.S. could be falling as price volatility, fueled by ongoing escalations in the Middle East amid the U.S.-Israel and Iran war, poses challenges to the global oil supply chain. Low Demand in Peak Season? On…