News
Hassett’s Fed Chair Bid Faces Uncertainty
1+ hour, 58+ min ago (243+ words) Hassett's Fed Chair Bid Faces Uncertainty'Finance News Network White House economic advisor Kevin Hassett's prospects for becoming the next Federal Reserve chair are uncertain, as President Donald Trump has indicated he may prefer Hassett to remain in his current role....
Silver Becomes Most Crowded Commodity Trade
2+ day, 20+ hour ago (578+ words) Silver Becomes Most Crowded Commodity Trade'Finance News Network Individual investors have been aggressively purchasing silver, making it the most crowded commodity trade, according to a Vanda Research report. Over the past 30 days, retail investors have acquired $921.8 million in silver-backed exchange-traded…...
Silver Retreats After Record High Surge
2+ day, 23+ hour ago (248+ words) Silver Retreats After Record High Surge'Finance News Network Silver prices experienced a sharp pullback after reaching record highs, driven by profit-taking and developments regarding potential US tariffs on critical minerals. The price of silver fell as much as 7.3 per cent…...
US Mortgage Rates See Significant Drop
3+ day, 3+ hour ago (330+ words) US Mortgage Rates See Significant Drop'Finance News Network U.S. mortgage rates have fallen significantly this week following the Trump administration's initiative to purchase mortgage-backed securities, aimed at boosting housing affordability. According to mortgage finance agency Freddie Mac, the average rate on…...
US Banks Slash Headcount to Curb Costs
3+ day, 7+ hour ago (297+ words) US Banks Slash Headcount to Curb Costs'Finance News Network The largest US banks significantly reduced their combined workforce last year, marking the most substantial decrease in almost a decade. This move reflects executives" efforts to control costs, particularly in light…...
Metals Surge as Investors Seek Alternatives
4+ day, 3+ hour ago (240+ words) Metals Surge as Investors Seek Alternatives'Finance News Network Metals have extended their dramatic start to the year, with gold, silver, copper, and tin all hitting record highs as investors flock to commodities as an alternative to traditional assets. This surge…...
Tech Stocks Drag Down Major Indexes
4+ day, 4+ hour ago (205+ words) Tech Stocks Drag Down Major Indexes'Finance News Network Information technology stocks led a general market decline, pulling down the S&P 500, the Dow Jones Industrial Average, and the Nasdaq 100. A broad sell-off in the technology sector weighed heavily on overall…...
Wall Street shrugs off political noise to hit fresh records
6+ day, 3+ hour ago (22+ words) Wall Street shrugs off political noise to hit fresh records'Finance News Network by Finance News Network January 13, 2026 08:38 AM...
US Unemployment Rate Drops Unexpectedly
1+ week, 8+ hour ago (279+ words) US Unemployment Rate Drops Unexpectedly'Finance News Network The U.S. unemployment rate fell to 4.4% in December, according to the U.S. Labor Department, easing concerns at the Federal Reserve about potential labor market weakness. Employers added 50,000 jobs during the month, while economists had forecast…...
Australian Dollar Gains Amid US Dollar Weakness
1+ week, 6+ day ago (497+ words) Australian Dollar Gains Amid US Dollar Weakness'Finance News Network The Australian dollar experienced a slight increase in morning trading, climbing to US66.86" from US66.71". This rise is primarily attributed to a general weakening of the US dollar. Market attention has largely turned…...