June 1, 2025
Operating Assets

What the UAW’s 2024 financial filing says about Fain’s “union reform”

Shawn Fain, President of the United Auto Workers, walks on stage and speaks prior to President Joe Biden speaking to a United Auto Workers’ political convention, Wednesday, Jan. 24, 2024, in Washington. [AP Photo/Alex Brandon] The United Auto Workers and several other major unions filed their 2024 financial reports with the US Department of Labor

Read More
Intangible Assets

Local auto dealership stays the course as inventory grows and tariff uncertainty looms

KENNER, La. (WVUE) -At Lamarque Ford and Lamarque Lincoln in Kenner, the dealership’s vice president says their new car inventory has bounced back from the pandemic, just as it has for many auto dealers nationwide. If you’re in the market for a new car and can afford one, Ronnie Lamarque Jr. says now is a

Read More
Financial Assets

S&P 500, Nasdaq, Dow rally after Trump pauses Canada, Mexico auto tariffs

Data released Wednesday showed activity in the services sector increased in February. The Institute for Supply Management’s services index registered at 53.5 in February, up from January’s 52.8 reading and above the 52.5 economists had expected. Readings above 50 indicate an expansion in activity, while those below 50 reflect a contraction. Meanwhile, the ISM’s prices

Read More
Financial Assets

Dow, S&P 500, Nasdaq rise after jobs data amid signs of tariff relief

Data released Wednesday showed activity in the services sector increased in February. The Institute for Supply Management’s services index registered at 53.5 in February, up from January’s 52.8 reading and above the 52.5 economists had expected. Readings above 50 indicate an expansion in activity, while those below 50 reflect a contraction. Meanwhile, the ISM’s prices

Read More
Financial Assets

Dow, S&P 500, Nasdaq inch higher amid signs of tariff relief

US stocks edged higher on Wednesday, eyeing a rebound from a sharp sell-off, amid hopes that President Donald Trump could soon scale back his new tariffs on Canada and Mexico. But a soft print on labor-market hiring revived worries about a slowdown. The S&P 500 (^GSPC) rose about 0.1% while the Dow Jones Industrial Average

Read More
Financial Assets

Dow, S&P 500, Nasdaq futures rise after Lutnick hints at possible tariff relief

US stock futures rose after Commerce Secretary Howard Lutnick hinted that President Donald Trump may provide a pathway to tariff relief for Canada and Mexico as soon as Wednesday. Futures attached to the tech-heavy Nasdaq (NQ=F) and the benchmark S&P 500 (ES=F) climbed 0.6%. Futures attached to the Dow Jones Industrial Average (YM=F) advanced 0.5%.

Read More
Tangible Assets

Gold, 3 Gold Stocks And 1 Silver Stock Are Back On The New Highs List

Gold stocks getty Gold’s been hitting new highs and a few gold and silver stocks have been running up to higher highs along with it. It’s hard to say with certainty what the reason is. Inflation concerns are the first thing that come to the mind of an analyst. Or, considering the strangeness in Washington,

Read More
Gold Investing

Gold Edges Lower as Dollar Strength Outweighs Haven Demand

(Bloomberg) — Gold edged lower after President Donald Trump imposed tariffs on imports from Canada, Mexico and China, with a surging dollar outweighing haven demand as the world braces for trade wars. Most Read from Bloomberg Bullion traded near $2,790 an ounce, but remained close to a record high reached Friday, while a US currency

Read More
Financial Assets

Dow gains 500 points, stocks close near records as Trump holds off on tariffs

The US dollar (DX=F, DX-Y.NYB) has been volatile since Donald Trump’s inauguration, retreating from near two-year highs as the president failed to enact broad-based tariffs on his first day in office. The move surprised investors as an emergency order would have allowed immediate tariff increases in contrast to the alternative process of investigations, which is

Read More
Fixed Assets

Former executive risks 40 years in prison after allegedly doling out cash bribes at hotels, airports, and in a parking lot

Ex-Vitol Group oil trader Javier Aguilar faces as much as 40 years in prison and will forfeit more than $7.1 million in two U.S. bribery cases after entering a guilty plea in federal court. Aguilar, 50, had already been convicted in Brooklyn, New York, in February of orchestrating an elaborate scheme to bribe Mexican and

Read More