Author: Multibagger News

Investing.com: Latest US Inflation Report Sparks Debate Among Wall Street Analysts The recent US inflation data has caught the attention of Wall Street analysts, who are now speculating on its implications for upcoming Federal Reserve decisions and market trends. Consumer prices saw a 2.5% increase over the past 12 months, the slowest pace since February 2021 and down from 2.9% in July. Analysts at Vital Knowledge believe that while the inflation report may temper expectations for a 50 basis point rate cut next week, it is unlikely to significantly alter the Fed’s stance. They predict a dovish approach from the…

Investment Manager’s Insight: Russian Attacks in Ukraine Lead to Tragic Casualties In a tragic turn of events, three women were killed and five others were injured during Russian attacks on the eastern Ukrainian town of Kostiantynivka in the Donetsk region. The Prosecutor’s General Office reported that Russian troops shelled a residential area in the town, resulting in the deaths of two elderly women. Subsequently, another residential area was hit, leading to the death of a middle-aged woman and injuries to five other civilians. The Donetsk region, which is partially occupied by Russian troops, is no stranger to such attacks, with…

Achari Ventures Holdings Corp. I (NASDAQ:AVHI) Receives Stockholder Approval for Business Combination with Vaso Corporation Achari Ventures Holdings Corp. I (NASDAQ:AVHI), a special purpose acquisition company, has received stockholder approval for its proposed business combination with Vaso Corporation, a health services provider. The approval was granted during a special meeting held on Monday, with overwhelming support from stockholders. The business combination includes various proposals such as amendments to the company’s charter, governance proposals, a reverse stock split, and the adoption of the 2024 Equity Incentive Plan. All proposals received unanimous support from stockholders, paving the way for the completion of…

Breaking News: US Stocks Drop as Inflation Data and Trump-Harris Debate Unnerve Investors In today’s market update, US stocks opened lower as investors reacted to fresh inflation data and the fiery debate between presidential candidates Donald Trump and Kamala Harris. The benchmark index dropped by 0.7%, the tech-heavy NASDAQ dipped by 0.2%, and the Dow Jones slumped by 1.1%. The inflation data showed a slight acceleration in core consumer prices, raising doubts about the possibility of a 50-basis point cut by the Federal Reserve. Investors are now uncertain about the extent of the upcoming rate cut, with expectations shifting towards…

By Marianna Parraga HOUSTON (Multibagger) – The U.S Coast Guard on Wednesday suspended operations at the offshore energy services hub Port Fourchon, Louisiana, as hurricane Francine bore down on the coast, according to a shipping advisory. The temporary closure of Port Fourchon, home to marine and equipment suppliers to offshore oil producers, follows the suspension of marine traffic at the deepwater Louisiana Offshore Oil Port (LOOP), and the commercial ports of New Orleans, Cameron and Lake Charles on Tuesday, all essential to oil, LNG and agriculture exports. About a quarter of all oil and natural gas production in the U.S.…

## Game-Changing USPS Policy Shift: No More Discounted Rates for Package Consolidators – What You Must Know! ### By [Your Name], Renowned Investment Manager & Financial Markets Journalist — **Washington (Multibagger) -** In a strategic move to modernize its network, the U.S. Postal Service (USPS) announced on Wednesday that it will no longer offer discounted rates for packages entered by consolidators. This decision is a part of a broader effort to align with current operational and financial realities. USPS disclosed that it is negotiating new contracts with package consolidator companies—those that compile large volumes of packages for entry at various…

Brazil Finance Minister Fernando Haddad Forecasts Economic Growth Above 3% Amid Inflation Concerns | Central Bank Expected to Raise Interest Rates | Impact on Food and Energy Prices Worries Officials BRASILIA (Multibagger) – In a bold move, Brazil Finance Minister Fernando Haddad announced on Wednesday that the government is poised to increase its annual economic growth forecast to over 3%, surpassing the current projection of 2.5%. Haddad confidently stated to reporters, “I believe that a floor of 3% is already virtually secured.” However, the minister also expressed concerns about inflation, particularly attributing it to adverse climate conditions such as severe…

Kamala Harris Shines in Presidential Debate Against Donald Trump – Piper Sandler Analysis In a recent note, Piper Sandler analysts highlighted Kamala Harris’s strong performance against Donald Trump in the presidential debate. The report emphasizes Harris’s command and composure, noting that she outperformed Trump by baiting him effectively. Despite her strong showing, concerns remain about Harris’s political stance and the Biden-Harris record. Piper Sandler believes these concerns could keep the race close, although Harris’s relatability and background information resonated well with viewers. On the other hand, Trump’s performance was criticized for appearing angry and unhinged. The analysts noted missed opportunities…

Fearless Fund Settles Lawsuit with American Alliance for Equal Rights, Shuts Down Strivers Grant Program In a groundbreaking settlement agreement, Fearless Fund has decided to shut down its Strivers Grant program following a lawsuit from the American Alliance for Equal Rights. The program, initially supported by Mastercard, aimed to provide $20,000 to small businesses owned by Black women. However, AAER alleged that the program discriminated against non-Black founders, leading to a legal battle that ultimately resulted in the program’s closure. The lawsuit raised concerns about the use of race in contracts, with AAER arguing that race-exclusive programs are divisive and…

Hyperbridge Revolutionizes Blockchain Interoperability with Unprecedented Economic Security – Web3 Foundation and Scytale Digital Lead $2.5 Million Seed Investment In a groundbreaking move, Hyperbridge is changing the game for secure, scalable, and verifiable cross-chain communication. Backed by the Web3 Foundation and Scytale Digital, this protocol is set to transform blockchain interoperability as we know it. With industry-leading technology already in use by top teams like Succinct, Axelar, Union, and Avail, Hyperbridge has secured a parachain slot within the Polkadot ecosystem, showcasing its commitment to innovation. Hyperbridge is not just another asset bridge – it is a cryptoeconomic co-processor that leverages…