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Equities Rise Intraday Amid Probe Into Fed Chair Powell
2+ min ago (45+ words) US benchmark equity indexes were higher intraday, while gold prices hit new records as markets react Oops, something went wrong Equities Rise Intraday Amid Probe Into Fed Chair Powell US benchmark equity indexes were higher intraday, while gold prices hit…...
CPI preview: Inflation expected to be muted in December as economic data gets back on track
3+ min ago (434+ words) The Consumer Price Index (CPI) for December is set for release Tuesday morning, with the data expected to show inflation pressures remained steady in the final month of 2025. On a headline basis, consumer prices are expected to have risen 0.3% over…...
Bringing charges against the Fed: What we do (and don't) know
21+ min ago (908+ words) The Federal Reserve Board Building is seen as it undergoes renovations, June 10, 2025, in Washington, DC. (Pablo Martinez Monsivais, File) Trump has repeatedly criticized Powell and the Fed for not moving faster to cut rates. Economists warn that a politicized Fed that…...
Consumer sentiment in focus as spending gathers steam
26+ min ago (429+ words) Australian households are ramping up spending despite diminishing hopes of rate cuts, setting a challenge for the Reserve Bank to bring inflation under control. Consumer sentiment figures, released by Westpac and the Melbourne Institute on Tuesday, will provide an insight…...
Newsom’s budget shows big revenue gain, but we’ve been down that path before
32+ min ago (533+ words) When Gov. Gavin Newsom declared today that the state will likely receive an extra $42.3 billion in tax revenue over the next three years, thus'alleviating a stubborn budget deficit, the inimitable Yogi Berra's famous observation came to mind. "It's like d'j…...
Welcome back to the past with US tariffs and state capitalism
34+ min ago (297+ words) The Trump administration has begun 2026 with a blitz of presidential pronouncements that accelerate the shift towards "state capitalism" in the US. The term has been used since last year to describe how the second Trump administration is using the levers…...
Sector Update: Financial Stocks Decline Monday Afternoon
42+ min ago (41+ words) Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index shedding 0.7% Oops, something went wrong Sector Update: Financial Stocks Decline Monday Afternoon Financial stocks were lower in Monday afternoon trading, with the NYSE Financial Index shedding 0.7%...
Dollar pulls back & metals take the lead
52+ min ago (919+ words) The market is doing exactly what strong trends do: rotating, not breaking. The dollar is cooling after a failed breakout, while metals are pressing higher into fresh upside territory. This is not chaos. It's a clean, technical continuation with momentum…...
AUD/USD rebounds as US Dollar weakens on Fed independence concerns
57+ min ago (678+ words) The Australian Dollar (AUD) gains traction against the US Dollar (USD) on Monday, with AUD/USD snapping a three-day losing streak as broad-based weakness in the Greenback lifts the pair. At the time of writing, AUD/USD trades around 0.6714, up…...
By 2047, Saurashtra’s GDP will reach USD 600 billion: Goyal | Rajkot News
58+ min ago (303+ words) By 2047, Saurashtra's GDP will reach USD 600 billion: Goyal'Times of India Rajkot: The Saurashtra Economic Region (SaER) Master Plan, which projects the region's economy to grow to nearly $600 billion by 2047, was unveiled on Wednesday at the Vibrant Gujarat Regional Conference, positioning…...