News

Treasury Secretary Scott Bessent said interest rates are too high by 150 to 175 basis points in an interview with Bloomberg ...
In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s ...
The interest rate for the most popular U.S. home loan dropped to 6.67 per cent last week, the lowest rate since early April, ...
There’s a very good chance of a 50 basis point rate cut,” Bessent said Wednesday. “We could go into a series of rate cuts here, starting with a 50 basis point rate cut in September.” ...
Wall Street was on track to open higher, adding to the record highs hit a day earlier when better-than-expected U.S. inflation data raised hopes that the Federal Reserve will cut its benchmark ...
President Donald Trump on Tuesday threatened to allow a “major lawsuit” against Federal Reserve Chairman Jerome Powell to proceed, escalating his pressure on the central bank leader to cut interest ...
GOF offers a high, consistent yield (14.6%) but pays out more than it earns, causing long-term NAV erosion and share price ...
The dollar fell to a two-week low today after a tame reading on US inflation bolstered expectations of a Federal Reserve rate ...
The White House wants to usher in a golden age of cryptocurrency and make the United States the “crypto capital of the world” ...
The Indian rupee appreciated 20 paise to close at 87.43 (provisional) against the US dollar on Wednesday, as a weak greenback and a positive momentum in domestic equity markets supported. Domestic ...
Wall Street depends on the Bureau of Labor Statistics’ flagship jobs report for economic and Fed policy clues.