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Used car prices in the U.S. declined in May for the second month in a row, providing a tiny bit of relief to those in the market for a new ride. The latest Manheim Used Vehicle Value Index fell to 224.5 for last month, representing a 2.7% drop from April’s…
Traders are signaling that a pause in interest rate hikes is the most likely outcome of this week’s Federal Open Market Committee meeting of the Federal Reserve, and that comes at a time when some strategists are saying a new bull market is underway. The Dow Jones Industrial Average posted…
After a 37-count criminal indictment against Donald Trump was unsealed Friday, Trump’s former Attorney General Bill Barr said there is trouble ahead for the 2024 Republican presidential hopeful.”If even half of it is true, then he’s toast,” Barr told “Fox News Sunday.” “It’s a very detailed indictment, and it’s very, very damning. And this…
Manufacturers around the world are contending with weakening demand as the economic outlook for the industry darkens. Factories in the United States and across the eurozone reported a decline in new orders for manufactured goods in May as they worked through their backlog of orders, according to recent business surveys…
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In the midst of the SEC’s crypto crackdown and the growing uncertainty in the cryptocurrency market, Cardano has caught the attention of investors. Founder Charles Hoskinson’s recent efforts to bridge the gap with the XRP community have sparked discussions about the future of Cardano (ADA). As the community eagerly watches these developments,…
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Introduction Over the past few years I have written numerous articles on Plaza Retail REIT (OTC:PAZRF) (TSX:PLZ.UN:CA), a Canadian REIT focusing on commercial real estate in the Eastern part of the country. I picked up the debentures at the height of the COVID crisis at a yield to maturity of…
Illumina chief executive Francis deSouza has resigned following a bruising proxy battle with activist investor Carl Icahn over the future of the world’s biggest gene sequencing company.Illumina said on Sunday that the company’s board of directors had accepted deSouza’s immediate resignation and begun a search for a replacement. DeSouza will…
The evidence in the indictment against Donald Trump for his alleged mishandling of classified documents after leaving office can seem “jaw-dropping”. The case marks the first time a former president has been indicted in federal court and just the second time a former president had been indicted anywhere (after Trump…