What's Hot
June 20, 2025
June 19, 2025 – Juneteenth celebrations across the United States took on a new shape this year, reflecting the mounting impact of reduced federal and corporate support for diversity, equity, and inclusion (DEI) programs. Once widely backed by both government institutions and Fortune 500 companies, the commemorative events are now navigating a shifting landscape that…
June 20, 2025
President Trump’s announcement on June 19, 2025, of a two-week pause in U.S. military involvement in the Israel–Iran conflict triggered a notable rebound in global markets. Investors welcomed the opportunity for European-led diplomacy to reassert influence in Geneva, easing fears of escalation. U.S. equity markets, returning from the Juneteenth holiday, saw modest gains. The S&P…
June 20, 2025
On June 19, 2025, former President Donald Trump broke with precedent by issuing no public statement honoring Juneteenth, the federally recognized holiday that commemorates the end of slavery in the United States. During his first term, Trump had routinely acknowledged the day, and even claimed credit for bringing it into broader national awareness. His silence…
June 19, 2025
U.S. markets closed mixed on June 18, 2025, after the Federal Reserve held interest rates steady, even as the escalating Israel–Iran conflict weighed heavily on investor sentiment. The Dow Jones Industrial Average and S&P 500 both ended the day roughly 0.5 % higher, while the tech-heavy Nasdaq outperformed with a 0.56 % gain. Meanwhile, Brent crude declined about…
June 19, 2025
The Mortgage Bankers Association (MBA) convened a virtual Town Hall on June 18, 2025—highlighting critical developments in mortgage markets and policy. Pete Mills, MBA’s Senior Vice President of Residential Policy and Strategic Industry Engagement, led the discussion, which covered current mortgage rates, housing supply dynamics, and commercial and multifamily finance issues. During the half-hour session,…
June 19, 2025
The Federal Reserve elected on June 18, 2025, to maintain its federal funds rate at 4.25%–4.50%, continuing a cautious stance amid rising uncertainties linked to tariff hikes, volatile energy markets and slower economic growth. Chair Jerome Powell emphasized that existing projections for two rate cuts by year-end are still in place — but emphasized that any policy…
June 19, 2025
Los Angeles, June 18, 2025 – Nearly 600 professionals gathered at the InterContinental Los Angeles Downtown today for the Women’s Leadership Symposium & Awards, a half‑day event hosted by the Los Angeles Business Journal. Designed to uplift women across corporate, entrepreneurial, finance, tech, and nonprofit sectors, the event featured keynote addresses, panel discussions, networking, and…
June 18, 2025
On June 17, 2025, the long-standing conflict between Israel and Iran took a dramatic turn, leading to severe disruptions in global markets. Israel’s military launched a series of targeted operations aimed at key Iranian military leaders and infrastructure, while Iran retaliated with cyberattacks that disrupted the nation’s banking systems. This escalation of tensions has sent…
June 18, 2025
In a striking shift in investor sentiment, U.S. investors are increasingly pulling funds from American stocks and the U.S. dollar, instead directing their capital toward European and emerging markets. This change in strategy is highlighted by the results of a Bank of America survey conducted between June 6 and June 12, 2025. The survey, which…
June 18, 2025
On June 17, 2025, Vice Media, the prominent digital media company known for its unique approach to journalism and entertainment, announced the appointment of Adam Stotsky as its new CEO. Stotsky, who brings extensive experience from his previous role at NBCUniversal, will take the reins at a pivotal time for Vice Media as the company…
