Attorney General Merrick Garland on Wednesday defended the special counsel who pursued criminal charges against Donald Trump, his first public remarks on the former president’s indictment.Garland, however, declined to go in to further detail about the prosecution of the former president over his handling of classified documents.”As you know, I…

The Federal Reserve is taking its first pit stop after 10 consecutive rate hikes aimed at bringing inflation down from what was a 40-year record high. Fed Chair Jerome Powell said the rate hike pause will give officials more time to evaluate the effects rate hikes have had on the…

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The Federal Reserve’s decision to keep interest rates unchanged and their projection of potential rate hikes later this year have significant implications for the financial markets. As the US central bank responds to a stronger-than-expected economy and a slower decline in inflation, investors are closely monitoring the impact on various asset…

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Investment Thesis Modine Manufacturing Company (NYSE:MOD) designs and manufactures engineered heat transfer systems and components for use in on- and off-highway original equipment manufacturer (OEM) automotive applications. Over the last year, the company has seen exemplary performance as marked by record financial performance both in Q4 and 2023 FY, with…

The Federal Reserve signalled its support for two more interest rate rises this year, including one that could be implemented at its next meeting in July, even as it skipped an increase for the first time in more than a year. At the end of its two-day gathering on Wednesday,…

A Senate panel on Wednesday zeroed in on a Democratic-led bill that would implement a range of ethics and transparency reforms at the Supreme Court, with a pair of experts urging passage of the legislation to address a “crisis” at the high court. “If the Supreme Court isn’t going to…

Odds of a “hard landing” in the U.S. are rising, warns Campbell Harvey of Research Affiliates. That’s because the Federal Reserve has this year continued battling inflation with interest-rate increases, on top of aggressive rate hikes over the past year, to compensate for being too slow to realize the surge…

By Stuart Condie SYDNEY–Baby Bunting Group shares tumbled more than 20% to a five-year low after the Australian baby-goods retailer slashed its annual profit guidance on weak sales. Investors sold after Baby Bunting said its annual promotion delivered what it called unprecedentedly low sales. As a result, the company cut…