Markets watch for dangers of further escalation

Markets watch for dangers of further escalation

Israel’s Iron Dome anti-missile system intercepts rockets, as seen from Ashkelon, Israel, October 1, 2024  Amir Cohen | Reuters Israel’s government has vowed a severe response to Iran’s unprecedented missile barrage into Tel Aviv, leaving the Middle East on edge as fears rise over a possible all-out war between the two long-time foes. On Tuesday … Read more

Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets

Yale’s Stephen Roach warns of global volatility, ‘whipsawed’ markets

01 October 2024, Israel, Tel Aviv: Missiles launched from Iran are seen in the sky over Tel Aviv. Ilia Yefimovich/dpa | Picture Alliance | Getty Images Markets are in danger of being “whipsawed” by the combination of regional conflict in the Middle East and rising unemployment in the United States, says Stephen Roach, senior fellow … Read more

Ireland reveals how it plans to spend its $14 billion Apple windfall

Ireland reveals how it plans to spend its  billion Apple windfall

Pedestrians on Anne Street South in Dublin, Ireland, on Thursday, March 28, 2024. Bloomberg | Bloomberg | Getty Images Ireland’s government on Tuesday outlined how it intends to spend 13 billion euros ($14.4 billion) in Apple back taxes — a windfall that Dublin actually spent several years fighting to avoid. In a bumper pre-election budget … Read more

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

Oil watchers now see a real threat of supply disruptions after latest Iran-Israel escalation

A general view of Isfahan Refinery, one of the largest refineries in Iran and is considered as the first refinery in the country in terms of diversity of petroleum products in Isfahan, Iran on November 08, 2023. Fatemeh Bahrami | Anadolu | Getty Images Oil watchers are now seeing a genuine threat to crude supplies … Read more

Iran launches missile attack on Israel for Nasrallah killing

Iran launches missile attack on Israel for Nasrallah killing

Iran on Tuesday launched a ballistic missile attack on Israel in retaliation for its recent killing of Hezbollah leader Hassan Nasrallah and an Iranian commander in Lebanon. The attack came on the heels of Israel’s deployment of ground forces into south Lebanon, escalating its offensive on Hezbollah, a militant group backed by Iran. “In response … Read more

Harris small business tour launches in play for Latino, Black voters

Harris small business tour launches in play for Latino, Black voters

Democratic presidential nominee and U.S. Vice President Kamala Harris speaks onstage during a campaign event, in Las Vegas, Nevada, U.S., September 29, 2024. Kevin Lamarque | Reuters Harris campaign surrogates are planning a series of stops with small businesses in at least six battleground states this week, according to a preview of the announcement first … Read more

Harris the pro-cannabis candidate. The industry isn’t convinced

Harris the pro-cannabis candidate. The industry isn’t convinced

Vice President Kamala Harris further positioned herself as a pro-cannabis candidate on Monday in an interview with sports and culture podcast “All the Smoke” — but industry leaders aren’t convinced her administration would lead to the reform she has promised. “I just think we have come to a point where we have to understand that … Read more

WTI surges on possible Iran attack against Israel

WTI surges on possible Iran attack against Israel

U.S. crude oil prices rose nearly 3% on Tuesday, as the U.S. warned of a possible imminent attack by Iran against Israel. Senior White House and Defense Department officials told NBC News that the U.S. “has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel.” “We are actively supporting defensive … Read more

Israeli forces launch ground offensive in Lebanon as markets eye escalation

Israeli forces launch ground offensive in Lebanon as markets eye escalation

NEBATIEH, LEBANON – SEPTEMBER 28: Smoke rises after Israeli attacks over Shebaa town of Nabatieh province on September 28, 2024. (Photo by Ramiz Dallah/Anadolu via Getty Images) Anadolu | Anadolu | Getty Images Israel has launched a ground incursion into Lebanese territory, with markets once more on edge over the conflict between the Jewish state and the Iran-backed … Read more

How to prep your portfolio for a Trump or Harris 2024 election victory

How to prep your portfolio for a Trump or Harris 2024 election victory

With about a month to go until the 2024 presidential election, investors are bracing for potential volatility in the markets amid uncertainty over whether former President Donald Trump or Vice President Kamala Harris will win in November. “It’s really important that everyone remembers that there is a lot of noise, there’s a lot of volatility … Read more