YTL, the infrastructure developer, is getting investigated under Section 18 (MACC Act) by the Malaysian Anti-Corruption Commission (MACC) regarding payment claims involving false information totaling up to 2.7 billion ringgit in relation to the 1Bestarinet service tender that was given to YTL Communications in 2011. Investigations have raised concerns about the project's execution and financial handling, leading to a significant drop in in...

U.S. retail sales unexpectedly rose in August, suggesting that the economy remained on a solid footing through much of the third quarter.
Retail sales increased 0.1% last month after an upwardly revised 1.1% surge in July, the Commerce Department's Census Bureau said on Tuesday.
Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, falling 0.2% after a previ...

Happy Monday, Mooers!
The September FOMC meeting is approaching, and the market generally believes that a rate cut is highly likely, which will be a significant turning point in this year's monetary policy.
How will interest rate cuts affect the stock market? How will the S&P 500 index react? Come on mooers, let's try to predict its possible direction!
Prediction time!
Drop your insights in the comments section:
– What impact would a ...