In June, anti-trust officials in Donald Trump's justice department approved three mergers collectively worth $63.5 billion, showing a leniency that sharply departs from the more skeptical view of big mergers that dominated the Biden administration.
Tag: U.S. Economy
Post
HIGH HOME PRICES, MORTGAGE RATES MEAN PROFITS FOR LANDLORDS
With the median U.S. home price hovering around $400,000 and mortgage interest rates stuck between 6.5 and 7 percent, fewer people can afford to buy homes than in the recent past.
Post
WHEN THE ECONOMY FALLS, JOBS GO WITH IT
After a pause in layoffs in late spring, early summer, U.S. government jobs are again on the chopping block.
Post
WALL STREET BANKS SEE A HAPPY EARNINGS SEASON AHEAD
Investment banks are not letting weakening consumer spending or debris from Donald Trump’s trade war spoil their sunny view of Wall Street’s earning season that begins this week.
Post
ECONOMIC UPDATE—MARKET OVERVIEW
As the old saying goes; “You can’t make this shit up.” But as we have detailed since Donald Trump won the race to the White House in 2024, with every passing day—from the Tariff War to the Israel War, to the Ukraine War to the Yemen War, to the Iran War—another day, another promise and another broken promise.
Post
SPOTLIGHT: CRYPTO GOES MAINSTREAM
Crypto services company BitGo, stablecoin issuer Circle, and Ripple, a crypto payments business, have applied to be chartered as U.S. banks, the Financial Times reported.
Post
SPOTLIGHT: BIGS GETTING BIGGER
Stock market churn, geopolitical strife, and Donald Trump’s chaotic tariff war have not hobbled the U.S. market for corporate mergers and acquisitions.
Post
SPECIAL REPORT: TRUMP SIGNS BIG BEAUTIFUL BILL INTO LAW
In a made-for-television event, Donald Trump signed his “big, beautiful bill” into law on a White House terrace as military planes flew above and beaming Republican legislators surrounded Trump and applauded.
Post
DEL MONTE FOODS U.S. OPERATION GOES BELLY UP
The U.S. branch of Del Monte Foods, the processed foods division of Del Monte Pacific, has filed for Chapter 11 bankruptcy after it was unable to survive consumers’ prolonged post-2023 slowdown in grocery purchases.
Post
U.S. COMPANIES SCALE BACK HIRING PLANS
June’s jobs report showing a respectable 147,000 jobs added for the month included a sobering fact: a large swath of private-sector employers are not hiring.