Donald Trump-Kamala Harris

Economic Hardships and Political Promises: The Struggles of Las Vegas’s Working Class in a Pivotal Election Year

When the neon lights of Las Vegas Boulevard fade into the twilight, Nicole Williams starts her night shift, serving drinks to guests in one of the city’s lavish hotels. But as the city buzzes with life, the reality for Ms....
Bank of America Corp

Bank of America Warns Federal Reserve to Tread Carefully on Interest Rate Cuts

Bank of America Corp. Chief Executive Officer Brian Moynihan has issued a strong warning to the Federal Reserve, urging its policymakers to exercise caution when reducing interest rates in the coming months. Speaking during an interview with Bloomberg TV on...
Kamala Harris-Donald Trump

Chinese Perspectives on U.S. Election 2024: Harris or Trump for Better U.S.-China Ties?

As the U.S. presidential election looms, it is not just Americans who are nervously watching the race unfold. Across the Pacific, in China, the election is being followed with keen interest and palpable anxiety. With tensions between the two superpowers...
US dollar

What Factors Are Driving 2024’s Projected Worst Deficit Since COVID?

The US economy's weakness lies in rising debt levels and government spending, with a significant portion of GDP growth coming from bloated government spending financed by more debt and inventory revaluation. The increase in GDP between Q3 2022 and Q3...
US economy

Surpassing Forecasts: US Retail Sales Propel Third-Quarter GDP Growth Expectations

Washington US retail sales increased more than expected in September, driven by increased motor vehicle purchases and spending at restaurants and bars. This data supports expectations of economic growth accelerating in the third quarter. However, the Commerce Department report suggests...