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News
Alternative Fed Inflation Indicators Hit Lowest Levels Since Early 2020s As Warsh Eyes Broader Metrics
4+ hour, 26+ min ago (677+ words) Pricing data for June suggests inflation is trending back toward the Federal Reserve’s target, at least according to a set of alternative measures gaining renewed attention. So-called trimmed mean indicators, which strip out outliers at both ends of price readings,…...
U.S. Economy Grows At Just 1.5% In Q2 As Core Inflation Holds At 3.3%
1+ day, 7+ hour ago (439+ words) The U.S. economy expanded at a weaker-than-expected pace in the second quarter, while inflation remained stubbornly above the Federal Reserve’s target, the Commerce Department reported Thursday. Gross domestic product, a broad measure of goods and services, rose at just a 1.5% annual rate…...
Britain's Millionaire Population Hits Lowest Level Since 2008 Financial Crisis
3+ day, 15+ hour ago (456+ words) New research from the Adam Smith Institute reveals that the number of real-terms millionaires in Britain has fallen to its lowest level since the 2008 financial crisis. The wealthy are not simply leaving because of unfavourable policy, but also because of…...
S&P 500 Futures Hold Steady As Strong Services Data Meets Energy Market Uncertainty
4+ day, 15+ hour ago (291+ words) Wall Street futures remained broadly stable as investors weighed resilient services sector data against growing unease across global energy markets. The S&P 500 futures edged sideways in early trading, reflecting a cautious mood among market participants navigating a complex mix…...
FTSE 100 Set To Fall As Trump Pauses Iran Strikes Amid Strait Of Hormuz Negotiations
4+ day, 18+ hour ago (373+ words) The FTSE 100 is expected to open lower on Monday, with futures pointing to a decline of 19 points, equivalent to a fall of 0.18 per cent. The modest expected drop follows a turbulent week shaped by escalating hostilities in the Middle East,…...
IMF Urges Bank Of England To Hold Interest Rates While Iran War Risks Remain
1+ week, 5+ day ago (459+ words) The International Monetary Fund has warned the Bank of England against cutting interest rates while geopolitical uncertainty from the Iran war continues to weigh on the global economy. In its annual review of Britain’s economic outlook, the IMF called on…...
Three US Manufacturing Stocks Navigating Tariff Pressures And Supply Chain Disruption
2+ week, 5+ day ago (247+ words) US manufacturing companies are contending with rising tariff costs and significant supply chain shifts that are reshaping their operational and financial outlooks. The sector has faced mounting pressure as trade policy uncertainty continues to weigh on producers that rely heavily…...
Regional Bank Stocks Draw Investor Interest As Treasury Yields Climb Higher
2+ week, 6+ day ago (306+ words) Rising Treasury yields are reshaping the investment landscape for regional banks, drawing fresh attention from investors seeking income and margin expansion opportunities. When yields on government bonds rise, banks that hold large portfolios of interest-rate-sensitive assets typically see improved net…...
FTSE 100 Set To Fall As Oil Surges Following US Strikes On Iran
3+ week, 2+ day ago (305+ words) Global markets are moving sharply into risk-aversion mode after the United States launched military strikes against Iran overnight, triggering a fierce exchange of fire. The US Central Command confirmed it carried out a “series of powerful strikes” late Monday, targeting…...
FTSE 100 Slides As Bank Of England Holds Rates And Fed Takes Hawkish Stance
1+ mon, 1+ week ago (607+ words) The FTSE 100 closed sharply lower on Thursday after both the Bank of England and the US Federal Reserve opted to hold interest rates steady. London’s blue-chip index fell 108.91 points, or 1.0%, to close at 10,399.70, while the FTSE 250 ended down 34.01 points, or…...