U.S. Wholesale Inventories Edge Higher Amidst Economic Stabilization

U.S. Wholesale Inventories Edge Higher Amidst Economic Stabilization

U.S. wholesale inventories grew by a modest 0.1% in April, according to data released by the Commerce Department on Monday, signaling a measured approach to stock management as businesses navigate shifting consumer demand. The slight uptick reflects a period of cautious replenishment among wholesalers, occurring as the broader economy balances cooling inflation with persistent interest…

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Howard Lutnick Faces House Oversight Scrutiny Over Epstein Connections

Howard Lutnick Faces House Oversight Scrutiny Over Epstein Connections

Commerce Secretary Howard Lutnick faced hours of intense questioning from members of the House Oversight Committee during a closed-door session in Washington, D.C., on Wednesday. Lawmakers focused their inquiry on the secretary’s past professional and personal associations with the late convicted sex offender Jeffrey Epstein, seeking to clarify the nature and extent of their historical…

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