The recent report from the American Society of Civil Engineers (ASCE) grading U.S. infrastructure with a C has sounded alarm bells across the country. In a world where our infrastructure should reflect America’s status as a global leader, this underwhelming grade not only puts our country’s economy at risk but also exposes an urgent need
Market enthusiasts often frame fluctuations and corrections as mere blips on the broader financial landscape. The current scenario, accentuated by heightened uncertainty over President Donald Trump’s tariff policies and soft economic indicators, has shaken many investors to their core. Wall Street has not been kind of late; the S&P 500, Nasdaq, and Dow Jones have
The recent pronouncement by President Donald Trump regarding a hefty 25% tariff on all non-American manufactured vehicles is not merely a fiscal maneuver; it is a tectonic shift that threatens to destabilize the already vulnerable auto industry. While some may see this as a calculated effort to bolster U.S. manufacturing, the ramifications of such a
California has been on the front lines of climate-induced catastrophes for years, yet it took the shocking destruction of thousands of homes for much of the state to finally muster action. The recent wildfires have highlighted a critical vulnerability: our homes. With insurance rates skyrocketing and homeowners facing less support from insurers unwilling to cover
As the festive season rolls around, traditions often dictate how we spend money and express affection. This year, Mario Gabelli, a renowned investor and chairman of Gamco Investors, has stirred the pot by suggesting a radical reallocation of our Easter spending. Instead of opting for chocolate bunnies or pastel eggs, Gabelli encourages us to invest
In a rather unexpected turn, the municipal bond market experienced a notable sell-off on a Wednesday marked by double-digit yield cuts—this being the second occurrence within the month. While it may seem like all is well in the world of finance from the surface, a deeper dive reveals a turbulent environment for municipal debt. On
The recent decision by the Trump administration to drastically reduce funding from the National Institutes of Health (NIH) marks a troubling chapter in the saga of American biomedical research. Specifically, the cap on “indirect costs” at 15% is an unprecedented move that risks crippling vital research initiatives across the nation. While the administration touts significant
In a market dominated by a mere trio of heavyweights—Gatorade, Powerade, and BodyArmor—Stephen Curry and Michelle Obama’s foray into the world of sports drinks with Plezi Hydration is nothing short of audacious. Rarely does a product emerge that attempts not just to compete but to redefine an entire category. Curry, a four-time NBA champion, and
The recent developments surrounding the American Securities Association (ASA) and its ongoing legal battle with the Securities and Exchange Commission (SEC) expose a significant clash within the structure of financial regulation in the United States. As a nonprofit trade association, the ASA is advocating for its stance against what they deem an unconstitutional regulation arising
The newly confirmed director of the Federal Housing Finance Agency (FHFA), Bill Pulte, has made waves by firmly stating he will not reduce the conforming loan limit for mortgage giants Fannie Mae and Freddie Mac. Currently set at an astonishing $806,500—a hefty increase from the previous year—this limit seems to cater to affluent buyers rather