Market News

Weakness in Today’s Industrial Production: A Concern for the Fed The Impact of Industrial Production on the Economy Industrial production is a key indicator of the overall health of the economy. It measures the output of the manufacturing, mining, and utilities sectors, and is closely watched by economists, policymakers, and investors alike. A strong industrial…

Forty years after its 1984 release, Bronski Beat’s new wave hit “Smalltown Boy” has transcended generations to become an LGBTQ anthem for young and old alike The Rise of an LGBTQ Anthem Narrowly spared the censor’s axe in a Britain where being gay was only partially decriminalized, its tale of coming out and fleeing home…

Now that the latest earnings season is underway Unconventional Yet Reader-Friendly Look at Earnings Season As the latest earnings season is officially underway, it feels like we have been itching for this moment for ages. The season unofficially kicks off soon after the quarter’s end, which occurred on Friday 11th October for the third quarter….

Recent Accusations against Sean “Diddy” Combs Allegations of Rape and Payback Music mogul Sean “Diddy” Combs, who is currently in federal custody facing charges of racketeering and sex trafficking, is now facing additional accusations of rape. A woman has come forward claiming that Combs raped her as “payback” after she suggested his involvement in the…

US Retail Sales and Unemployment Benefits Update Strong Sales and Unexpected Drop in Unemployment US retail sales strengthened in September by more than forecast in a broad advance, while applications for US unemployment benefits unexpectedly fell by 19,000 to 241,000 in the week ended Oct. 12 after jumping the previous week in Southeastern states affected…

Valencia and the Canary Islands: Battling Overtourism The Impact of Overtourism Valencia and the Canary Islands, two of the Spanish territories most affected by overtourism and its knock-on effects, will hold demonstrations on Saturday and Sunday, increasing the pressure on local and national governments to take action. Overtourism occurs when there are too many tourists…

“Go Slow!” -Ssenyonyi Warns of Bill That Could Split Parliament and Destabilize Government Standing Up Against Chaos In a spirited stand against a proposed new bill, Joel Ssenyonyi, the Leader of the Opposition in Parliament (LoP), has cautioned that forcing elections for leadership roles in the opposition could lead to chaos, like a chicken with…

Trouble Brewing in Parliament: Speaker Among Demands Investigation into Construction Company A Slow-Moving Saga In a scene that could make a snail look speedy, the Speaker of Parliament, Anita Among, has given the Parliamentary Commission a two-week deadline to update her on the snail-paced construction of new parliamentary chambers. This demand comes just days after…