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US-China trade truce creates steady appreciation for the Yuan (CNY) The Chinese yuan (CNY) is expected to appreciate steadily toward 7.0 following the recent trade talks between the United States and China, according to a new report from UBS. The discussions...
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Pentagon halves request for Air Force F-35 jets from Lockheed Martin- Per Bloomberg The U.S. Air Force has cut in half its order for F-35 jets from Lockheed Martin (NYSE: LMT) to 24 planes, Bloomberg reported on Tuesday evening, citing a document covering the...
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Lockheed Martin’s sells radar systems for $104 million to Sweden Sweden has announced plans to acquire multiple TPY-4 radar systems from Lockheed Martin (NYSE: LMT). The deal, worth 1 billion crowns, or over $104 million, was shared by Swedish Defence Minister Paal...
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Trump insists that Fed Chair Powell to cut rates after ADP jobs data release Following the release of the ADP private sector jobs data, President Donald Trump has once again expressed his dissatisfaction with Federal Reserve Chair Jerome Powell on social media...
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Trump threatens Apple (NASDAQ: AAPL) Trump said on Truth Social, “I have long ago informed Tim Cook of Apple (NASDAQ: AAPL) that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States, not...
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Republican tax and spending bill set for full House vote. What does this mean for the US economy? The U.S. House of Representatives is tipped to hold a pre-dawn vote on Trump’s “big, beautiful” budget bill, with Republicans in power in the chamber...
