Stacy Hoffman

According to recent reports and sources, the Biden administration is planning to impose significant new tariffs on various imports from China, including electric vehicles, semiconductors, solar equipment, and medical supplies. These tariffs, which may quadruple in some cases, are set to be announced as early as next week and represent a key component of…

According to a report by Wells Fargo, buy now, pay later (BNPL) is one of the fastest-growing categories in consumer finance. This trend is being closely watched by industry players, including Affirm, which is working to refine features of its popular Affirm Card. During a recent conference call discussing earnings for the first quarter…

Nothing Bundt Cakes, a popular bakery chain known for its signature cakes, is set to issue a $240 million bond backed by almost all of its assets through the whole-business asset-backed securities (WBS) market. This is the third time the Texas-based franchise has turned to this market, having previously issued $355 million in bonds…

According to a recent survey from the University of Michigan, US consumer sentiment has reached a six-month low due to increasing concerns about inflation and the job market. The preliminary reading for May revealed that the sentiment index fell to 67.4, significantly lower than the 77.2 recorded in April and below analyst forecasts. This…

Based on recent developments, analysts and traders are increasingly optimistic about the potential for Bitcoin (BTC) to reach the $100,000 mark this year. Following Federal Reserve Chair Jerome Powell’s announcement that no further tightening or rate hikes would be implemented, Bitcoin’s price has skyrocketed by over 12% to $63,470, as confirmed by CoinDesk data.…

On May 10, major stock indices in Asia including the Nikkei 225, S&P ASX 200, and Kospi all saw gains following a rally on Wall Street that brought the S&P 500 within 1% of its previous record. This uptrend was also observed in Hong Kong’s Hang Seng and the Shanghai Composite. These movements coincided…

The Women’s National Basketball Association (WNBA) is set to expand to Toronto, Canada, following a reported deal between the league and the Kilmer Group, according to multiple media outlets. The team is scheduled to begin play during the 2026 season, making it the first WNBA franchise based outside of the United States. The league’s…

According to the latest data released by Brazil’s statistics agency IBGE, Brazil’s annual inflation rate fell slightly less than anticipated in April, reaching 3.69%, compared to 3.93% in the previous month. This figure was marginally above the expectation of economists polled by Reuters, who predicted a rate of 3.66%. The decrease in inflation follows…

According to recent research notes released by Barclays Plc and Bank of America Corp., there is conflicting outlook for the performance of municipal bonds in the near future. While the BofA group led by Yingchen Li and Ian Rogow predicts a “sunny” rally with credit spreads tightening, Mikhail Foux and Clare Pickering at Barclays…

The private sector members of a crucial government panel have advised the Bank of Japan (BoJ) to closely monitor the potential adverse effects of significant yen currency drops on prices, which may result in “excessive” price increases that negatively impact private demand. Despite exhibiting favourable trends in corporate profits, share values, and salaries, consumption…