by Ahmed Bahaa Eldien | Sep 4, 2025 | Market News
Introduction Caterpillar (NYSE: CAT) has come under intense scrutiny after the world’s largest sovereign wealth fund — Norway’s $2 trillion NBIM — announced it would divest its stake in the U.S. machinery giant. The decision, tied to concerns over the use of...
by Ahmed Bahaa Eldien | Sep 4, 2025 | Market News
Introduction The U.S. labor market continues to flash warning signs. ADP reported that just 54,000 private-sector jobs were created in August, far below the 75,000 forecast. This marks another weak month, intensifying fears of a slowdown and raising the odds that the...
by Ahmed Bahaa Eldien | Sep 4, 2025 | Market News
Introduction T. Rowe Price (NASDAQ: TROW) shares surged more than 10% after Goldman Sachs revealed a $1 billion investment, marking a pivotal moment for the asset manager. This deal signals renewed confidence in T. Rowe’s long-term value creation and offers retail...
by Ahmed Bahaa Eldien | Sep 4, 2025 | Market News
Introduction Stephen Miran, President Trump’s nominee for the Federal Reserve Board of Governors, will testify before the Senate Banking Committee this Thursday. His pledge to uphold Fed independence comes amid political controversy and questions about whether the...
by Ahmed Bahaa Eldien | Sep 3, 2025 | Market News
Introduction McDonald’s CEO Chris Kempczinski has sounded the alarm on a “two-tier economy”. While wealthier households continue to thrive, lower- and middle-income consumers are under pressure, skipping meals and cutting back on spending. To combat slowing traffic,...
