News
Federal Reserve Rate Cuts Unlikely Until June, Say Wells Fargo Economists – Here’s Why
1+ hour, 46+ min ago (250+ words) Wells Fargo economists say the Federal Reserve is unlikely to cut interest rates before June following stronger-than-expected labor data and cooling inflation. The bank points to January payrolls rising'by 130,000, topping expectations and lifting the three-month average to 73,000, while the unemployment…...
Rich Dad Poor Dad Author Warns Gold Supply Is 'Theoretically Infinite', Says One Asset Is Superior
1+ week, 1+ day ago (167+ words) The author of the personal finance bestseller Rich Dad Poor Dad just issued a warning about the scarcity of gold. Robert Kiyosaki says he remains a big believer in precious metals, but he would choose to buy Bitcoin if allowed…...
US National Debt Shatters $38,500,000,000,000 As Billionaire Ken Griffin Says America Urgently Needs To ‘Put Fiscal House in Order’
2+ week, 1+ hour ago (289+ words) The billionaire founder of hedge fund giant Citadel, Ken Griffin, is issuing a warning on America's financial health as the US national debt approaches $39 trillion. According to the U.S. Treasury Department's Debt to the Penny dataset, the US national debt just…...
Market Strategist Warns Bitcoin Meltdown to $40,000 Incoming, Says People Are ‘Tired’ of the Crypto Trade
2+ week, 1+ day ago (226+ words) The chief equity strategist of Zacks Investment Research says the worst is yet to come as the price of Bitcoin (BTC) falls below $74,000. In a new interview on CNBC, John Blank says the price of the flagship crypto asset may…...
JPMorgan Chase Warns Americans Could Lose Access to Credit on ‘Very Extensive and Broad’ Basis Under Trump’s Proposed Rate Cap
3+ week, 5+ day ago (368+ words) Banking giant JPMorgan Chase is issuing a warning to Americans, saying that many of them could lose access to credit under Trump's new proposed rate cap. In a recent earnings call, JPMorgan Chase executive vice president and chief financial officer…...
Billionaire Ray Dalio Warns Global Monetary Order Breaking Down As Central Banks Diversify Into Gold
4+ week, 1+ day ago (243+ words) Billionaire investing icon Ray Dalio says the global monetary order is suddenly experiencing a major shift. In a new CNBC interview, Dalio says'central banks are moving away from holding fiat currencies as a reliable store of value. "The monetary order…...
Bank of America Says One Stock Sector Could Outperform ‘Quite Aggressively’ if Fed Continues To Cut Rates
1+ mon, 2+ day ago (230+ words) Bank of America (BofA) says one sector of the stock market could wildly outperform the rest if the Federal Reserve continues to cut interest rates. In a new 2026 outlook meeting, BofA head of US Equity and Quantitative Research Savita Subramanian…...
Trader Who Called 2021 Crypto Collapse Details Bullish Gold Price Target, Says Bitcoin Eyeing $110,000
1+ mon, 4+ day ago (169+ words) A widely followed crypto analyst says that gold remains on target to hit a new massive level early this year. Crypto market analyst Dave the Wave tells his 154,100 followers on X that gold remains in a bullish ascending channel and…...
US Bank Stocks Drop As Trump Proposes Credit Card Interest Rate Cap
1+ mon, 1+ week ago (235+ words) US bank stocks are sliding after President Trump proposed a cap on credit card interest rates. Shares of major banks including Citigroup, JPMorgan Chase, Wells Fargo and Bank of America fell between 1% and 3%. Card-focused companies such as Visa, Mastercard and…...
Chinese Yuan Rallies Against US Dollar, Forcing BRICS Nation’s Central Bank To Abruptly Buy USD: Report
1+ mon, 3+ week ago (210+ words) The Chinese yuan is rising against the US dollar, prompting the nation's central bank to purchase USD. The yuan rose 0.2% against USD earlier this week to 6.9964 yuan per US dollar, forcing the People's Bank of China to take action, reports…...