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U.S. Economy

‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO

by Adrian Jhonsan
‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO

One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind the American Reshoring ETF (RSHO) that focuses on industrials. “Some …

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Categories World

Here is why Social Security cost-of-living adjustment may be lower in 2025

by Adrian Jhonsan
Here is why Social Security cost-of-living adjustment may be lower in 2025

Eva-katalin | E+ | Getty Images Retirees are still feeling the impact of higher prices. Yet one buffer for the effects of inflation — the Social Security cost-of-living adjustment, or …

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Categories World

Is inflation Biden’s or Trump’s fault? The answer isn’t so simple

by Adrian Jhonsan
Is inflation Biden’s or Trump’s fault? The answer isn’t so simple

President Joe Biden and former President Donald Trump faced off in the first presidential debate of the 2024 campaign on June 27, 2024 in Atlanta. Andrew Harnik | Getty Images …

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Democrats defend Biden after debate flop as voter support flinches

by James Odonell
Democrats defend Biden after debate flop as voter support flinches

Democrat candidate, U.S. President Joe Biden, and Republican candidate, former U.S. President Donald Trump, attend a presidential debate in Atlanta, Georgia, U.S., June 27, 2024.  Brian Snyder | Reuters Democrats …

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Categories Politics

Growth, value stocks could see boost from Russell rebalancing

by Milton Acorn
Growth, value stocks could see boost from Russell rebalancing

A bullish move may be ahead for both value and growth in the year’s second half. VettaFi’s Todd Rosenbluth thinks value stocks, which have been market laggards, could get a …

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Categories Science

IMF says Fed should hold interest rates until ‘at least’ end of year

by Adrian Jhonsan
IMF says Fed should hold interest rates until ‘at least’ end of year

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024. Shannon Finney | CNBC The Federal Reserve …

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Biden Cabinet officials unveil new plans to lower prices ahead of Trump debate

by James Odonell
Biden Cabinet officials unveil new plans to lower prices ahead of Trump debate

U.S. President Joe Biden delivers remarks alongside Treasury Secretary Janet Yellen and Commerce Secretary Gina Raimondo during a Cabinet Meeting at the White House on June 06, 2023 in Washington, …

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Categories Politics

Nobel prize-winning economists warn Trump would ‘reignite’ inflation

by Adrian Jhonsan
Nobel prize-winning economists warn Trump would ‘reignite’ inflation

Joseph Stiglitz Cameron Costa | CNBC Sixteen Nobel Prize-winning economists signed a joint letter Tuesday warning of what they see as economic risks if former President Donald Trump were to …

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Trump previews debate attacks on Biden’s economy

by James Odonell
Trump previews debate attacks on Biden’s economy

Former U.S. President and Republican presidential candidate Donald Trump speaks during his campaign event, in Racine, Wisconsin, U.S. June 18, 2024.  Brendan Mcdermid | Reuters Former President Donald Trump on …

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Categories Politics

Baltimore bridge rebuild and a new debate over infrastructure spending

by Adrian Jhonsan
Baltimore bridge rebuild and a new debate over infrastructure spending

Three months after Baltimore’s Francis Scott Key Bridge collapsed – killing six people, shutting a major port and disrupting vehicle traffic along the Eastern Seaboard — local, state and federal …

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