Mulvaney on impact of tax hikes, unemployment benefits Former Office of Management and Budget Director and former White House chief of staff Mick Mulvaney discusses stimulus, unemployment and taxes.  Republicans are not convinced that President Biden’s plans to shield farmers and small business owners from changes to death taxes are practical –potentially putting millions of family-owned businesses at risk. A […]

German drug delivery devices maker Gerresheimer AG (GRRMF.PK) reported Tuesday that its second-quarter net income attributable to shareholders was 28.13 million euros, slightly lower than last year’s 28.99 million euros. Earnings per share were 0.90 euro, compared to 0.92 euro a year ago. Adjusted net income was 41 million euros, compared to 37.7 million euros last year. Adjusted earnings per […]

Fed: Actual rise in inflation larger than expected Former Dallas Fed Danielle DiMartino Booth and The Americas at Natixis Chief Economist Joseph Lavorgna discuss the newly released Fed minutes and inflation fears. Americans' inflation fears reached a fever pitch in June, rising to the highest level since June 2013 as the price of consumer goods continued to surge, according to […]

Recent market volatility has investors gripping the wheel with both hands, but staying the course as most acknowledge that we are in an asset bubble. We recently surveyed our daily newsletter readers, which showed that 44% are leaning bullish, compared to 48% last month, which was a pandemic high. Meanwhile, 63% say we are still ‘in a bubble’, and 59% […]

Fed: Actual rise in inflation larger than expected Former Dallas Fed Danielle DiMartino Booth and The Americas at Natixis Chief Economist Joseph Lavorgna discuss the newly released Fed minutes and inflation fears. Used car prices are muscling their way onto the watchlists of some of the nation’s most sophisticated economic forecasters, most notably, the Federal Reserve. New data released Friday […]