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TRUMP CALLS FOR LOWER INTEREST RATES
Donald Trump threatens trade halt over high interest rates, demands Fed rate cutPresident Donald Trump stated he would halt trade with deficit nations. He demands the Federal Reserve lower interest rates immediately. Hi...
Trump's third term possible? Chinese-Canadian professor Jiang Xueqin’s startling predictions for America’s next 30 years, including a civil war, balkanization and a ‘Christian AI theocracy’Professor Jiang Xueqin predicts that Donald Trump may secure a third presidential term in the U.S. He warns of possible civil unrest and th...
US 30-year mortgage rate hits highest level in more than a yearUS 30-year mortgage rates have climbed to their highest level in more than a year, adding to affordability pressures for homebuyers. The ri...
Fed's Waller says safety premium for Treasuries is gone, pushing neutral rate higherFed Governor Christopher Waller said the loss of the traditional safety premium on US Treasuries is pushing the neutral interest rate highe...
'Revolver' misfire hits credit card issuers: India's credit card boom sees lower bank profitsCredit card profits are shrinking for Indian banks as spending rises. Customers now use cards more for payments than borrowing, reducing in...
Trump’s second-term policies put US finances under growing strain as debt tops $40 trillionDuring President Trump's presidency, the national debt of the U.S. has ballooned to over forty trillion dollars. Federal expenditures are o...
Global Market Today: Asian stocks advance as oil slips, yen in focusAsian markets mirrored Wall Street's upward trend, with Japanese and South Korean indices on the rise. The yen's unexpected gains caught tr...
US judge blocks Trump's newest order limiting birthright citizenshipA federal judge blocked an executive order limiting birthright citizenship. This order targeted "birth tourism" and children of foreign gov...
Kevin Warsh's Jackson Hole encore may put Trump's inflation record under a microscopeFed Chairman Kevin Warsh must decide on interest rate hikes soon. His actions will be closely watched by the public and investors. Investor...
Trump pledged fiscal restraint. Instead, debt tops $40 trillion as borrowing costs riseUS debt: While voters may not focus on the issue until the country's fiscal problems translate into benefit cuts or tax hikes, the fallout ...
Majority of Americans oppose Trump's new Canada tariffs, renaming Lake Ontario, Reuters/Ipsos poll findsMost Americans oppose President Trump's recent tariffs on Canadian imports. A new poll shows significant disapproval for these trade action...
Gold steadies as traders await US jobs data, monitor Mideast tensionsGold prices held steady as traders navigated heightened tensions in the Middle East and awaited pivotal labor data from the US. This econom...
Sun Pharma among 9 pharmaceutical firms to lower drug prices for Americans, Trump saysNine pharmaceutical firms reached deals with the Trump administration for lower drug prices. These agreements expand the total number of co...
US Fed chairman Kevin Warsh says inflation is elevated and 'concerning' at Jackson HoleUS Federal Reserve Chairman Kevin Warsh said on Friday that high inflation in the world's largest economy was "concerning," as he opened a ...
Oil on track for weekly loss even as Iran tensions simmerOil prices have dipped, bringing an end to a two-week rally in crude futures. The United States has announced that there are no current neg...
Fed's Collins says latest US inflation readings are 'mixed'US Federal Reserve officials offered differing views on the inflation outlook, with Boston Fed President Susan Collins calling July’s data ...
Donald Trump eyes four more chances to reshape Fed; seeks Cook’s removal over mortgage documentPresident Trump seeks to increase his influence over the Federal Reserve. Court challenges and Senate resistance have met his efforts so fa...