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US Unemployment Jumps to 4.6% — Worst Surprise in Months
US unemployment unexpectedly rises to 4.6%, the highest in four years, as job growth slows and labour market pressures intensify in the latest US jobs report.
David Unyime Nkanta Dec 16, 2025
Markets on Edge as Fed Cut Looms — And the Real Fear Comes After
Investors brace for the Fed's rate cut, but markets worry about the uncertain path and potential economic ripple effects that follow.
David Unyime Nkanta Dec 10, 2025
Fed Poised for Second Interest Rate Cut in 2025— What It Means for You
The US Federal Reserve is expected to deliver its second straight interest rate cut, lowering the benchmark rate to 3.75%–4.00% amid easing inflation and ongoing economic uncertainty.
David Unyime Nkanta Oct 29, 2025
Gold Price: Is US Economy On The Brink? Shocking $4,300 Leap Sparks Global Panic And Investor Frenzy
Gold surged past $4,300/oz in a record rally, stoking fears about the US economy and sending global markets scrambling for safe-havens amid mounting credit and Fed uncertainty.
Melvin Gascon Oct 17, 2025
Dimon's Dread: JPMorgan Boss Warns of 2026 Recession Despite GDP Surge
JPMorgan CEO Jamie Dimon warns of a possible 2026 recession, challenging Wall Street's optimism despite strong US GDP growth and low unemployment. His remarks spotlight inflation, geopolitics, and fiscal instability as potential triggers.
David Unyime Nkanta Oct 09, 2025
S&P 500, Nasdaq, Dow Reach Record Highs After Fed Signals More Cuts; Jobless Claims, Manufacturing Data Beat Consensus
US equity indexes soared a day after the US Fed hinted at more rate cuts this year after lowering the federal funds rate by 25 bps to 4% to 4.25%.
Niloy Chakrabarti Sep 21, 2025
What Does The Fed Rate Cut Mean for Your Credit Cards, Loans, and Savings Accounts
While some fixed-rate loans are unlikely to be immediately affected by the rate cuts, variable-rate debts like credit cards could see an immediate impact.
Niloy Chakrabarti Sep 21, 2025
Mortgage Applications Surge Near 30% as Rates Dive: How Does It Impact Monthly Payments?
Mortgage applications, especially for refinancing, soared in the week ended 12th Sept. and as rates hover at the lowest in a year.
Niloy Chakrabarti Sep 21, 2025
Here's Why These AI and Storytech Stocks Surged Double Digits on a Volatile Tuesday
These stocks soared as US equity indexes declined markedly ahead of the US Federal Reserve's rate-cut decision on Wednesday afternoon.
Niloy Chakrabarti Sep 17, 2025
Who Appointed Jerome Powell and Can President Trump Fire Him? What You Need to Know
Jerome Powell, appointed by Trump, faces firing threats. Legal limits and market risks loom. Legal hurdles and recent backtrack suggest it's unlikely, but tensions remain.
Rohit David Jul 17, 2025
'The Dollar Would Fall Off a Cliff': Expert Predicts What Would Happen if Trump Fired Jerome Powell
Experts believe US President Donald Trump could introduce unprecedented losses to US equities and the devaluation of the greenback if he ousts US Federal Reserve Chair Jerome Powell.
Niloy Chakrabarti Apr 22, 2025
Bernie Sanders Backs Trump's Plan for 10% Credit Card Interest Rate Cap To Save Americans Billions
Bernie Sanders hopes that Donald Trump will fulfil his promise to impose a temporary credit card interest rate cap of 10% to help Americans repay existing debt and improve personal finances.
Niloy Chakrabarti Dec 16, 2024
JPMorgan CEO Jamie Dimon on 'Hard Landing' and 'Stagflation' Fears as Inflation Worries US Fed
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.
Niloy Chakrabarti May 27, 2024
How is the interest rate hikes impacting the market?
Since the failure of SVB, Bitcoin has been gaining market shares to the detriment of other digital assets. Jerome Powell further confirmed that "the central bank will indeed raise rates in March."
Ibraham Jobe Mar 31, 2023
Should the government regulate Bitcoin or does Bitcoin in fact regulate the government?
"It is hard to hold the government accountable for their mistakes. At the same time, it gives governments the excuse to continue their nefarious accounting behind the scenes."
Victoria Collette Jones Mar 27, 2023
Bank of England and Federal Reserve claim banking systems are secure
The Bank of England and the US Federal Reserve have claimed the safety and strength of banking systems ahead of key decisions on interest rates.
Jake Pike Mar 22, 2023
US Dollar Poised To Gain But Will Weaken In H2 2019: IBT Poll
Slower U.S. growth expectations and the Federal Reserve's more gradual approach towards interest rate hikes will weigh on the U.S. dollar in the second half of the year, analysts said in a poll conducted by International Business Times.
Pronita Naidu Feb 05, 2019
British hacker Lauri Love escapes extradition to US over FBI and Nasa breach
Lauri Love has won his appeal against extradition to the United States for allegedly hacking the Federal Reserve and US Army.
James Hetherington Feb 05, 2018
BNP Paribas fined $246m for currency manipulation
The French banking group says it 'deeply regrets' misconduct.
Karthick Arvinth Jul 18, 2017
Fed's Yellen: US opioid abuse related to decline in labour force participation
The central bank chief noted that the US has seen a rise in its death rate.
Nicole Rojas Jul 14, 2017
FX Focus: Slowdown in UK economy drags pound lower
UK GDP data revised down to show economy grew only 0.2% in the first three months of the year.
Dan Cancian May 25, 2017
US equities close higher as Wall Street marks Fed's plan to scale back balance sheet
The S&P 500 posted a record close at 2,404.39.
Nicole Rojas May 25, 2017
Gold plummets below $1,230 on hawkish US Fed stance as dollar strengthens
Futures trades in the yellow metal see drop of over $20 as US central bank hints at another interest rate hike.
Gaurav Sharma May 04, 2017
FX Focus: Dollar remains volatile after Fed keeps rates unchanged
US central bank says economic slowdown experienced in Q1 is likely to be transitory.
Dan Cancian May 04, 2017
Federal Reserve's decision to keep rates steady triggers little response in markets
But probability of a June rate hike now up to 90%.
Harriet Sinclair May 04, 2017
US stocks end the day lower despite strong early start
Jobs data sent the Dow climbing but the Fed minutes brought it back down.
James Tennent Apr 05, 2017
Asian markets mixed ahead of Fed decision
Tokyo's Nikkei index falls 0.3% to 19,545.21 points.
Karthick Arvinth Mar 15, 2017
US stocks close lower as energy shares drag
Investors are cautious ahead of a likely interest rate hike announcement on Wednesday (15 March).
Nicole Rojas Mar 15, 2017
FX Focus: Brexit fears drag pound to eight-week low
Dollar on the front foot again ahead of Federal Reserve meeting on Wednesday.
Dan Cancian Mar 14, 2017
FX Focus: Pound fails to halt slide despite better than expected PMI services data
Pound falls below €1.16, while dollar retreats against main rivals amid rising concerns over Donald Trump's presidency.
Dan Cancian Jan 05, 2017
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