In late July 1933, President Roosevelt enacted one of the most destructive economic policies in all of American history. The President’s Re-employment Agreement mandated an immediate 20% rise in hourly nominal wages. The stock market crashed.
CD rates are high, but they may drop soon. Find out if you should you lock in a guaranteed rate for five years, or take advantage of 6-month rates while they last.
The idea that tariffs won’t affect the quantities or prices of what foreign exporters sell in the US market is inconsistent with the idea that the tariffs will give breathing space to US producers.
The past week saw developments in business & politics, from Trump's tariffs being temporarily preserved to Paramount Global's potential settlement with him.
Friday’s close near 60.085 is nearly one USD lower, but the high for the commodity did touch the 62.800 vicinity on early Thursday. The price range of WTI Crude Oil was not violent, and it did trade within known realms.
