In the past, a GOP sweep has led to significant gains for defense stocks. However, the upcoming election may paint a different picture. Historically, the defense sector has performed well when there’s been a single party in control across Congress and the executive branch, particularly the Republican Party. Wells Fargo analyst Matthew Akers noted that
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As the possibility of former President Donald Trump securing a second presidential term looms, analysts are sounding the alarm about the potential ramifications for global inflation. The economic agenda of high tariffs and low taxes, which characterized Trump’s first term, is expected to exacerbate inflationary pressures if he is re-elected. The persistence of the “inflation
The world of cryptocurrency payments is slowly gaining traction, yet it still lags behind other Web3 services due to the volatile nature of crypto assets and the lack of widespread acceptance. Visa, a major player in card payments, is delving into the realm of crypto payments on a global scale. In a recent development, Visa
China’s entertainment and media industry is on the rise, with projections showing a significant increase in advertising and consumer spending revenues. According to PWC’s latest Global Outlook, the industry in China is expected to grow by more than 7% to reach $362.5B by 2028. This growth rate is nearly double that of the U.S., although
The melting of the polar ice caps is not only causing rising sea levels and extreme weather patterns but also impacting the way our planet rotates. A recent study has shown that as the ice caps melt, Earth is spinning more slowly, leading to an increase in the length of days at an “unprecedented” rate.
The news of the body of Jay Slater being found in Tenerife has left his loved ones in shock and devastation. The young British teen went missing on the Spanish island on 17 June, setting off a month-long search that ended tragically with the discovery of his body. A court spokesperson in Tenerife confirmed that
Teoscar Hernandez surprised many by claiming the 2024 MLB All-Star Home Run Derby crown in his debut appearance. The Los Angeles Dodgers player showcased his power throughout the event, culminating in a thrilling final round victory over Bobby Witt Jr. While Hernandez’s triumph was unexpected, he proved his capability by besting several top contenders on
The recent attempted assassination of former President Donald Trump at a Pennsylvania rally has prompted the leaders of Wall Street’s most powerful firms to speak out and condemn the act of violence. JPMorgan Chase CEO Jamie Dimon expressed his deep sadness over the incident and emphasized the importance of standing together against hate, intimidation, and
The atmosphere was electric as former President Donald Trump made his grand entrance at the Republican National Convention in Milwaukee. Despite the bandage over his right ear from the recent assassination attempt, Trump exuded confidence and good spirits. The crowd erupted into cheers and chants of “Fight! Fight! Fight!” as he greeted the audience. Accompanying
Lionsgate recently announced the acquisition of a musical comedy film titled Power Ballad, directed by John Carney and starring Paul Rudd and Nick Jonas. The film is set to be released in the U.S., Canada, the U.K., and Ireland. The storyline follows a washed-up wedding singer portrayed by Rudd who forms an unlikely partnership with