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.
Tesla CEO Elon Musk buys $1 billion worth of Tesla stock, sending shares soaring. This rare move signals strong confidence in Tesla's future.
Donald Trump suggests that US companies should stop filing quarterly financial reports and switch to semiannual reports, aiming to save costs and reduce focus on short-term performance. However, this proposal raises concerns about transparency and its impact on investors.
Joint Russian-Belarusian drills and a Zircon hypersonic missile test, coupled with a surprise US observation, reveal the complexities of the geopolitical landscape and power plays.
As the Federal Reserve anticipates a potential first rate cut in 2025, investors are focused on how many cuts may ultimately occur. Clues may lie in the Fed's "dot plot," revealing officials' forecasts for future interest rates. However, persistent inflation, a tepid jobs market, and increasing political pressure from the White House complicate the decision-making process.
Gold demand in India is expected to weaken during the festival season due to high prices, potentially impacting global prices and improving India's trade balance.
The Federal Reserve is balancing sticky inflation with mixed labor market data, complicating its upcoming interest rate decision. Experts analyze potential scenarios and their impact on markets.
The US labor market is experiencing a significant slowdown due to the effects of tariffs and trade wars, with several sectors starting to lay off workers. This analysis takes a closer look at the affected sectors and the predictions of economic experts.