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The Fed will deliver three rate cuts this year, Scotia says
19+ min ago (273+ words) Scotiabank said in its Global Outlook and Forecast Tables released Jan. 15 that forecasting risks have intensified, even as recent U.S. economic data have modestly improved the near-term growth outlook for both the U.S. and Canada. In a note authored by Scotiabank Senior…...
Gold price today: Near $4,600 as profit-taking cools the record run and Fed bets get tested
28+ min ago (395+ words) New York, Jan 18, 2026, 12:08 EST " Market closed. Gold enters the new week just shy of record highs following a steep drop late last week, as traders balance easing geopolitical tensions against a persistently tight U.S. rate outlook. Spot gold slipped 0.5% on Friday…...
‘It’s about trust’: Donald Trump’s fresh tariff threats push Europe to harden its stance
58+ min ago (129+ words) It's about trust': Trump's fresh tariff threats push Europe to harden its stance'Financial Times Save over 40% on Standard Digital Save now on essential digital access to trusted FT journalism on any device. Savings based on monthly annualised price. - Stay informed…...
I Asked ChatGPT What More Fed Rate Cuts Mean for the Economy — Here’s What It Said
1+ hour, 15+ min ago (363+ words) After holding interest rates steady for the first eight months of 2025, the Federal Reserve (Fed) announced three cuts during the final four months of the year totaling 0.75 percentage points. Those cuts brought the central bank's key interest rate down to…...
Trump tariff threats are bad, but the uncertainty they instil is much worse
1+ hour, 25+ min ago (611+ words) The spectre of rising inflation, slowing global trade and jittery markets has re-emerged as US economic policy divorces itself from any logic Trump threatens 25% tariff on European allies until Denmark sells Greenland Donald Trump's latest tariff threat, in pursuit of…...
Fitch reaffirms Saudi Arabia at A+ on fiscal, external strength
1+ hour, 45+ min ago (1326+ words) RIYADH: Saudi Arabia's sovereign credit rating was affirmed at A+ with a stable outlook by Fitch Ratings, reflecting the Kingdom's strong fiscal and external balance sheets. In its latest report, Fitch said Saudi Arabia continues to benefit from large sovereign…...
I'm Not Counting on Social Security COLAs to Carry Me Through Retirement. Here's What I'm Doing to Combat Inflation Instead.
1+ hour, 47+ min ago (910+ words) Some thoughtful planning and relatively small actions now can make a surprisingly big difference later. In theory, Social Security's regular cost-of-living adjustments (COLAs) offset the impact of inflation on retirees' benefits. In reality, however, it never seems to quite work…...
Economist Kurt Couchman Warns National Debt Threatens American Dream – Fortune
1+ hour, 49+ min ago (262+ words) Economist Kurt Couchman has issued a stark warning regarding America's national debt, which currently stands at an astonishing $38 trillion. He emphasizes that this escalating figure is undermining the American Dream. Couchman argues that the national debt is not just a…...
Slowdown in rising cost-of-living set for December pause, say economists
2+ hour, 4+ min ago (511+ words) UK inflation could have ticked higher last month, as Christmas getaways helped fuel price rises at the end of the year, economists have said. Some economists are expecting the rate of Consumer Prices Index (CPI) inflation to have risen in…...
JPMorgan confirms Trump assertion that bank CEO Dimon was not offered Fed chair job
2+ hour, 7+ min ago (315+ words) WASHINGTON " JPMorgan CEO Jamie Dimon on Saturday (Sunday in Manila) confirmed he was not asked to be Federal Reserve chair, hours after US President Donald Trump disputed a report saying he offered Dimon the role. Earlier this week, the Wall…...