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16
Jul
Business

LARRY KUDLOW: A new Goldilocks — Strong growth and falling prices

After two great inflation numbers where the level of both consumer and producer prices actually declined in June from the prior month, reported out Tuesday and Wednesday, today we

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16
Jul
Business

IRS raises business mileage deduction rate amid fuel price surge

The IRS this week announced changes in the amount that taxpayers may deduct in gas used per mile while operating a vehicle for business for the remainder of the year amid higher ga

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16
Jul
Business

Ikea to close locations in 2 states

Ikea shoppers in Charlotte and Austin will soon have fewer options for home design consultations and pickup services. The Sweden-founded retail giant is closing its South Charlotte

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16
Jul
Business

General Mills pulls more than 735K Pillsbury rolls from shelves over possible glass contamination

General Mills is pulling more than 735,000 Pillsbury bread rolls from shelves due to concerns the products may contain glass. The recall affects certain frozen Pillsbury bread roll

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16
Jul
Business

7-Eleven details plans to close 645 stores

The parent company of 7-Eleven convenience stores shed more light on its plan to close hundreds of stores in the U.S. this year. Parent company Seven & i Holdings indicated in

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16
Jul
Business

Mortgage rates jump to highest level in almost a year

Mortgage rates rose this week to the highest level in nearly a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac’s latest Primary Mortgage Market Survey, released T

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16
Jul
Business

Dimon urges calm over fear about AI’s impact on jobs: ‘Stop being breathless over it’

JPMorgan Chase CEO Jamie Dimon on Wednesday said there is still a lot of uncertainty over how AI will impact the workforce and people shouldn’t be “breathless” in

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16
Jul
Business

American mall retailer warns it may close up to 15 more stores this year

Fossil Group plans to close up to 15 stores this year as the watch and accessories company continues trimming its global retail footprint under a broader turnaround plan focused on

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16
Jul
Business

BMW recalls nearly 30K vehicles over engine starter defect that could cause fire

BMW is recalling nearly 30,000 vehicles over an engine starter issue that could pose a fire risk, according to federal regulators. The recall affects 29,119 plug-in hybrid sedans,

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15
Jul
Business

Trump says US rebuilding military as Iran’s IRGC loses 90% of weapons capability

In his first public appearance outside the White House since the NATO summit amid threats to his life by Iran, President Donald Trump said Wednesday he doesn’t “think a

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LGMCORP operates a privately structured investment platform supported by a diversified global capital base.

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Office 9, M-Floor, AL Garhoud Bullding No. 1 Sukkoon Business Tower. Dubai - UAE
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    We have investments in long-lasting, high-quality properties and companies that are the foundation of the world economy.

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