President Donald Trump may reveal his nominee for the next Federal Reserve chair as early as this week, indicating that his selection should advocate for substantial interest rate reductions. However, the individual selected will encounter a new policymaking committee — Read More …
The major U.S. index futures indicate a nearly unchanged opening on Monday, suggesting that stocks may exhibit a lack of clear direction after the mixed results observed in last Friday’s trading session. Market participants might exhibit caution in executing substantial Read More …
President Donald Trump announced on Monday an increase in tariffs on goods imported from South Korea, raising the rate from 15% to 25%. “Because the Korean Legislature hasn’t enacted our Historic Trade Agreement, which is their prerogative, I am hereby Read More …
This month served as a stark reminder for millions of Americans regarding the significant expenses associated with health care coverage. Workers, Obamacare enrollees, and Medicare beneficiaries are facing significant increases in their health insurance premiums for 2026, adding to the Read More …
In President Donald Trump’s initial year of his second term, the stock market exhibited the lowest performance compared to any president’s first year of a new term since 2005, the year George W. Bush commenced his second term. From Trump’s Read More …
A week marked by geopolitical uncertainty and rapid shifts in policy has unfolded. Stocks and bonds regained ground, the US dollar sank, and gold posted its best week since 2020. As President Donald Trump withdrew his recent tariff threat, stocks Read More …
The major U.S. index futures are indicating a modestly lower open on Friday, suggesting that stocks are poised to retreat after experiencing significant gains in the preceding two sessions. Traders might seek to capitalize on the significant upward movement observed Read More …
As the holiday shopping season gained momentum in November, consumer spending saw a notable increase; however, persistent inflation remained a significant concern, according to new data released on Thursday. A report from the Commerce Department, delayed due to the shutdown, Read More …
The quest for a successor to Federal Reserve Chair Jerome Powell has evolved once more, as an unexpected candidate emerges with increasing support: Rick Rieder of BlackRock. Although the decision remains uncertain, sources that the finance executive made a favorable Read More …
The major U.S. index futures indicate a higher opening on Thursday, suggesting that stocks are set to build on the substantial gains achieved in the prior session. Equities may persist in gaining from the alleviation of tensions surrounding President Donald Read More …