The Federal Reserve lowered interest rates, calling it a risk management measure amid persistent inflation and a softening labor market. Here's a summary of key takeaways from the FOMC statement and Powell's press conference.
This article examines the Federal Reserve's upcoming interest rate decision, considering current political dynamics, recent economic data, and their influence on the economic outlook.
Mortgage documents unveil parallels in Treasury Secretary Yellen and Fed Governor Cook's handling of primary residence declarations, raising questions about eligibility criteria and potential conflicts of interest.
Wu Jian, a Chinese quant, faced fraud, security, and money laundering charges after allegedly manipulating trading models at Two Sigma for personal gain.
Global investors are skeptical about the European stock rally, awaiting Germany's fiscal reform promises. Fund managers prefer markets like the US and China. Germany plans to invest hundreds of billions in infrastructure.
The European Union is investing billions in a 'drone wall' along its eastern border, utilizing technologies proven effective in Ukraine, to counter Russian incursions and enhance air defenses.
Democrats propose a bill aimed at safeguarding the Federal Reserve's independence following the appointment of Stephen Miran, who holds dual roles in the central bank and the White House.
The US Treasury Secretary defends the special arrangements for Mr. Milan's appointment to the Federal Reserve Board, amid criticisms regarding central bank independence and policy influence.
The market widely anticipates a Federal Reserve rate cut, but the question is how the market will react after the announcement, especially with geopolitical and political pressures in play.
Gold prices have reached new record highs amid expectations that the Federal Reserve will begin cutting interest rates. This article provides a comprehensive analysis of market trends and expert forecasts for gold and silver prices through 2026.
Russia's Transneft has reportedly warned of potential oil production cuts due to Ukrainian drone strikes on key oil infrastructure, potentially impacting global oil prices.
US consumer spending showed remarkable resilience in August, exceeding expectations despite ongoing economic concerns. This article provides a detailed analysis of the driving factors and potential impacts.
This article unravels the paradox of the S&P 500 reaching new highs despite rising unemployment, exploring the underlying reasons and potential consequences for the US economy.
Gold prices are surging, fueled by anticipation of Federal Reserve rate cuts and geopolitical uncertainties. Experts predict continued bullish momentum with potential short-term corrections.
The EU is facing pressure from the US to toughen sanctions against Russia, leading to a delay in the proposed 19th package. Meanwhile, the G7 is developing a new plan to further restrict Russian oil trade, while Europe faces challenges due to energy dependence.
Dmitry Medvedev, Deputy Chairman of the Security Council of Russia, issued a stern warning to NATO, asserting that shooting down Russian drones over Ukraine would signify a direct war between Russia and the Western alliance. The statements come amid escalating tensions and mutual accusations of involvement in the Ukrainian conflict.
The Euro is experiencing a significant surge against the US dollar, fueled by expectations of Federal Reserve rate cuts and a divergence in monetary policy with the European Central Bank. This article analyzes the market dynamics, investor sentiment, and potential risks.
Following a hiring freeze, the Bureau of Labor Statistics is hiring data collectors for the CPI, potentially improving the accuracy of inflation reports.
OPEC+ representatives meet to discuss production capacity updates and define 2027 targets, amidst internal and external challenges impacting market stability.
Investors are shifting their assets to gold due to economic and political uncertainties caused by the Trump administration's policies, leading to a notable increase in gold prices.
