News
Mortgage Rates Today: 30-Year Fixed Holds at 6. 65%
1+ hour, 47+ min ago (481+ words) Mortgage rates remain near 6. 65% as bond markets react to inflation and geopolitical headlines. Mortgage rates held steady at the end of the week, with the average 30-year fixed rate sitting around 6. 65%, showing little change despite ongoing market volatility. The stability…...
Trump's Latest Fintech Push Could Open an Unseen Door for Ripple & XRP at the Federal Reserve
3+ day, 5+ hour ago (378+ words) It has emerged that Trump's New Fintech Order could give Ripple and XRP a Federal Reserve (Fed) opening. President Donald Trump's recent fintech executive has reopened a long-standing policy debate: who should have direct access to America's core financial infrastructure?...
Kevin Warsh Sworn In as Fed Chair, Warren Calls Him Trump's "Puppet
3+ day, 19+ hour ago (664+ words) Kevin Warsh is sworn in as Fed chair as inflation stays elevated, rate hike odds rise, and Elizabeth Warren criticizes his appointment. Kevin Warsh has been sworn in as 17th chair of the U. S. Federal Reserve, taking control of the central bank…...
Stock Market Today: Dow Jones Hits Record as Nasdaq, S&P Rise
3+ day, 22+ hour ago (530+ words) Dow hits record as S&P 500 and Nasdaq rise ahead of holiday weekend amid oil and yield concerns. U. S. stocks pushed higher as of Friday, with the Dow Jones Industrial Average climbing around 0. 7% and touching an intraday record of $50, 712. 24, while the…...
Stock Market Today: Dow Jones, S&P 500 Fall as Inflation Rises
1+ week, 6+ day ago (598+ words) US stocks fell as inflation climbed to 3. 8%, oil prices surged, and chip stocks led a sharp tech sector selloff. The S&P 500 retreated from record territory on Tuesday as investors reacted to hotter-than-expected inflation data and a sharp decline in…...
Kevin Warsh Wins 49-44 Senate Vote: When Will He Replace Fed Powell?
2+ week, 1+ hour ago (774+ words) Kevin Warsh cleared a 49-44 Senate vote, but when could he officially replace Fed Chair Jerome Powell at the Federal Reserve? Kevin Warsh moved closer to becoming the next Federal Reserve chair after the U. S. Senate voted 4944 to advance his nomination, clearing…...
Gold Price Forecast: XAU Holds $4, 670 as Trump Eyes Fort Knox
2+ week, 1+ day ago (537+ words) Gold holds near $4, 670 as Trump's Fort Knox comments revive focus on US reserves, while easing Iran tensions support bullion sentiment. Gold prices climbed above $4, 720 per ounce on Friday, reaching their highest level since April 22 and heading toward a weekly gain…...
Swiss Bitcoin Reserve Campaign Fails to Secure 100, 000 Signatures, What Next?
2+ week, 3+ day ago (707+ words) The Swiss Bitcoin reserve campaign will lapse after organisers collected about 50, 000 of the 100, 000 signatures needed for a vote. Switzerland's campaign to require the Swiss National Bank to hold Bitcoin as part of its official reserves is set to lapse after…...
Jobs Report Today: US Economy Added 115, 000 Jobs in April
2+ week, 3+ day ago (532+ words) US employers added 115, 000 jobs in April while unemployment held at 4. 3%, signaling continued labor market resilience. The latest data from the Labor Department also revised March payroll growth higher to 185, 000 jobs from the previously reported 178, 000. Meanwhile, February figures moved sharply lower,…...
Stock Market: Dow, S&P 500 Drop as Oil Jumps on Iran Tension
3+ week, 8+ hour ago (527+ words) Stocks fall as oil surges above $114 on renewed Iran tensions, raising inflation fears and pressuring equities across major indexes. Stocks are pulling back sharply as of Monday, with the Dow Jones Industrial Average falling over 550 points while the S&P…...