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Warren Buffet Reacts To Trump Post Alleging Investor Approved His Tariffs Before Announcement
Donald Trump recently shared a fan-made video claiming that he is deliberately crashing the US stock market to force the US Fed to trim interest rates, which was supposedly backed by Warren Buffett.
Nasdaq Composite Jumps 400 Points After US Fed Keeps Rates Unchanged, Forecast Two Rate Cuts in 2025
The US stock market bounced back after declining for weeks after the US Fed forecast two rates cuts this year despite concerns of high inflation, unemployment, and a slump in consumer spending.
DOGE Dividend Cheques May Give Americans $5000 Each: What Is It And How Do You Qualify For It
Americans could use DOGE dividend cheques to clear debt, grow their emergency funds, and invest in long-term goals like retirement, which could have an overall deflationary effect on the US economy.
Robert Kiyosaki Reveals Why You Should Invest In Gold As US Central Bank Buys At Record Pace
Robert Kiyosaki believes that the US Federal Reserve's gold-buying spree and interest rate cuts will drive its value to new record highs in the near future.
Social Security Retirees Expecting 2025 COLA Increase Should Do This By November 20
A free my Social Security Account will allow recipients to view the latest COLA notices detailing the exact amount they will receive starting next year.
Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA
Most investors rolling over their 401(k) funds into an IRA are unaware that the money sits as idle cash until actively invested in stocks and bonds.
US VP Kamala Harris Outlines Plan To Trim Living Costs As It Remains Americans' Top Concern
US Vice President and Democratic nominee Kamala Harris plans to lower living costs through several measures, including lowering grocery prices, introducing child tax credits, and offering downpayment assistance for first-time homebuyers.
President Biden's 2% Pay Hike For Federal Employees in 2025 Much Lower Than Previous Years
The Biden Administration's latest pay raise announcement is lower than the 4.6% hike at the end of 2022 and 5.2% at the end of last year.
16 Nobel-Prize Economists Say 'Joe Biden's Economic Agenda Is Vastly Superior to Donald Trump'
The Nobel laureates think former President Donald Trump's re-election will reignite inflation and have a destabilising effect on the US economy.
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.
Rising Debt, Delinquencies, and a Hot Wholesale Inflation Print Signal More Rate Hikes
US Fed's plans of interest rate cuts and market expectations of a "soft landing" could be at stake as wholesale inflation data for April notches up.
Robust US jobs report scuppers Brexit deal rally for the pound
The British currency spiked intraday on London-Brussels announcement but slid as the greenback rose.
Markets welcome nomination of Jerome Powell as Federal Reserve chair
US President Donald Trump announced Powell, 64, as his pick to lead the Fed on 2 November in place of current chair Janet Yellen.
Donald Trump to name Jerome Powell as US Federal Reserve chairman
Ahead of formal confirmation, reports say the President has picked the serving Fed board member to succeed Janet Yellen at the US central bank.
US consumer spending registers strongest monthly gain in 8 years
Surge led by strong sales of autos and other durable goods, according to official data.
Pound rallies against dollar and euro on leaked EU document
Confidential document suggests trade talks between London and Brussels could begin soon despite claims that Brexit negotiations were deadlocked.
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.
The end of easy money: Central bankers spark fears among investors
Central banks in the US, UK and Europe signalled they might end the loose monetary policy that has injected trillions of dollars into their economies.
FX Focus: Markets lack drivers as investors await Fed minutes
Federal Reserve will release minutes of its latest meeting tonight.
FX Focus: Dollar tumbles after Trump says the currency is 'too strong'
US president warns dollar's ongoing strength could hurt the US economy in the long-term.
FX Focus: Pound gains ground as investors await inflation data
Sterling shrugs off last week's decline to edge higher against euro and dollar.
Most Asian markets slip on Wall Street performance following US Fed minutes
Major Wall Street indices closed on a low after news of Fed considering tightening its monetary policy emerged.
FX Focus: Pound hits three-week high against dollar after BoE's rates decision
Dollar struggles after Federal Reserve lifts interest rates but hints at only two more hikes this year.
Asian stock markets gain following the US Fed raising rates but keeping a dovish stance
The US central bank said there will be no pick-up in the pace of monetary tightening.
US raises interest rates for the third time in almost a decade as recovery takes hold
Strong job growth and on-track inflation sees US Federal Reserve push up borrowing costs.
US Federal Reserve raises benchmark interest rate for only 3rd time in a decade
The rise has gone up from 0.75% to 1% after strong jobs growth.
FX Focus: Pound's gains trimmed by slower wage growth
Dollar firmly on the back foot as investors await Federal Reserve's rate decision this evening.
Asian stock markets mixed ahead of US Federal Reserve's two-day meeting
Political uncertainties such as Dutch elections and triggering of Article 50 could also affect Asian equities.
FX Focus: Pound gains ground with Britain poised to trigger Article 50
Dollar on the back foot as investors draw breath ahead of Wednesday's Federal Reserve meeting.
Asian stock markets gain even as investors remain cautious over potential March Fed rate increase
The bullish trend follows positive Wall Street close on Friday amid an encouraging US jobs report.