Author: Pritam Barman

Pritam Barman is the Founder, Editor and Chief Market Analyst at DailyKnown.com. An economist by training (M.A. in Economics, University of Arizona) with a specialized Capital Markets certification, he turns complex business and finance developments into clear, practical insights. With 7+ years of experience across market research, asset management and strategic forecasting, his coverage prioritizes accuracy, context and transparency. He writes on markets, companies, fintech, small business, and personal finance, with a focus on cryptocurrency regulation, macroeconomic policy, U.S. market trends and fintech innovation. A Certified Financial Journalist, Pritam is committed to timely, high-quality analysis and rigorous standards on sourcing and disclosures. Contact: pritambarman417@gmail.com | Tips & pitches: support@dailyknown.com.

Tricolor fraud allegations have taken center stage in the U.S. business world after a court filing revealed that the founder and chief executive of Tricolor Holdings LLC collected nearly $30 million in compensation in the year leading up to the company’s collapse. The claims, outlined in a lawsuit filed by the trustee overseeing Tricolor’s liquidation, paint a picture of extraordinary executive pay, alleged misuse of corporate funds, and a lender unraveling under the weight of what prosecutors describe as systemic fraud. The case has drawn attention not only because of the size of the compensation involved, but also because Tricolor…

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S&P 500 outlook 2026 is taking center stage as Wall Street closes the books on another powerful year for U.S. stocks. With the benchmark index on track for its third straight year of double-digit gains, investors are now asking a tougher question: can the rally stretch into a rare fourth year, or is the market nearing its limits? The answer, according to strategists and market data, depends on a delicate balance of forces. Strong corporate earnings, continued artificial intelligence spending, and a supportive Federal Reserve could keep stocks climbing. At the same time, stretched valuations, political uncertainty and global risks…

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Santa Claus Rally optimism quietly returned to Wall Street as the traditional year-end trading window opened with U.S. stocks wavering near all-time highs, reflecting a cautious but steady market mood ahead of the Christmas holiday. The Santa Claus Rally period, which typically includes the final five trading sessions of December and the first two of January, began without fireworks. Instead, investors appeared content to pause after weeks of gains, using the lighter holiday volume to reassess economic signals, interest-rate expectations, and corporate developments. At the center of attention was a relatively calm session that contrasted sharply with the intense volatility…

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US Jobless Claims opened the holiday week with an unexpected signal of resilience, offering fresh insight into the state of the American labor market at a time when seasonal volatility often clouds the data. New filings for unemployment benefits declined sharply, underscoring that layoffs remain relatively contained even as broader economic uncertainty and cautious consumer sentiment persist. According to new data released by the US Labor Department, initial applications for unemployment benefits fell by 10,000 to 214,000 in the week ended December 20. The reading came in well below economist expectations, which had pointed to a rise closer to 224,000.…

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Fed 2% inflation target is once again at the center of policy debate, after U.S. Treasury Secretary Scott Bessent said there may be room to rethink the long-standing benchmark—once inflation is firmly under control. Speaking in a recent podcast interview, Bessent made clear that any conversation about changing the Federal Reserve’s inflation framework must wait until price growth has sustainably returned to the current goal. Still, his comments have drawn fresh attention to whether the Fed 2% inflation target remains the best guidepost for monetary policy in a post-pandemic economy. The remarks come at a time when inflation has cooled…

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The Best Cryptocurrency to Buy With $100 Right Now is not Bitcoin. It is not Ethereum either. Instead, attention is shifting toward a fast-growing blockchain that continues to surprise investors even after years of extreme volatility. Solana is emerging as the best cryptocurrency to buy with $100 right now, thanks to its discounted price, strong network growth, and rising institutional access. Trading far below its previous highs, Solana is once again at the center of the crypto investment debate. For investors with limited capital who want meaningful upside exposure, the current setup around Solana is difficult to ignore. The Best…

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US Consumer Confidence drops for fifth straight month, underscoring growing unease among American households as inflation pressures and labor market uncertainty continue to weigh on economic sentiment. The latest data highlights how persistent price concerns and slowing job growth are reshaping how consumers view both their current situation and the months ahead. The steady decline is becoming one of the longest confidence downturns since the global financial crisis, raising questions about consumer spending, hiring momentum, and the broader outlook for the U.S. economy in 2026. US Consumer Confidence Declines to Near Pandemic-Era Lows According to data released Tuesday by The…

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The US holds off Chinese chip tariffs in a move that signals restraint amid fragile trade diplomacy between Washington and Beijing. Despite accusing China of unfair practices in the semiconductor industry, the United States has decided not to impose new tariffs on Chinese chip imports until at least mid-2027, offering both sides breathing room under a recently agreed trade truce. The decision underscores a careful balancing act: confronting long-standing concerns about China’s industrial policies while avoiding actions that could destabilize broader economic ties between the world’s two largest economies. US Holds Off Chinese Chip Tariffs After Trade Investigation Findings The…

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Trump trade schools funding cuts have become a flashpoint in Washington, exposing a growing contradiction between political rhetoric and budget reality. While President Donald Trump has repeatedly praised trade schools and workforce education as practical alternatives to four-year degrees, his administration’s proposed federal budget points in a sharply different direction—one that could significantly reduce funding for the very institutions serving millions of working-class and low-income Americans. At the center of the debate are community colleges and public trade schools, which educate nearly half of all U.S. undergraduates. These institutions are now bracing for potential reductions in Pell Grants, federal work-study…

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ServiceNow Armis acquisition news sent a strong signal across the enterprise software and cybersecurity landscape on Tuesday, as ServiceNow announced it will acquire cybersecurity startup Armis in a deal valued at $7.75 billion, the largest acquisition in the company’s history. The all-cash transaction highlights ServiceNow’s aggressive push to expand beyond workflow automation and deepen its footprint in cybersecurity at a time when digital threats are growing more complex. The ServiceNow Armis acquisition was confirmed in a company statement following an earlier report, with the Santa Clara, California–based software firm agreeing to buy the San Francisco–based cybersecurity company outright. The transaction…

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