America’s growing profits are under threat

Many investors will have greeted the start of corporate America’s latest earnings season feeling chipper. After a brief wobble in the first half of last year, the profits of big American firms in the S&P 500 index have climbed steadily higher in each subsequent quarter. This time round their profits are expected to grow by…

Read More

Trump Signals Support For Regime Change In Iran

Topline President Donald Trump on Sunday appeared to signal his support for a regime change in Iran—despite other administration officials insisting that the U.S. had no interest in such a thing— as he claimed the U.S. military strike on three Iranian nuclear facilities resulted in “monumental damage.” Israeli soldiers inspect the site in Tel Aviv,…

Read More

Trump’s Risky Gamble on Attacking Iran

With his strikes on Iran, President Trump is betting that the United States can repel any retaliation, and that the U.S. has destroyed the regime’s chances of reconstituting Iran’s nuclear program. David Sanger, the White House and national security correspondent for The New York Times, explains the risk. Source link

Read More