The pressure on Federal Reserve Chair Jerome Powell to cut interest rates is mounting. But traders don’t see him caving.
The market is even more confident the Fed will hold interest rates steady next month despite U.S. President Donald Trump urging the central bank to lower borrowing costs.
» Read more about: Fed Less Likely to Cut Rates After Trump Attack on Powell »
THE average two-year fixed mortgage rate has dropped below the average five-year fixed rate for the first time since Liz Truss’ mini-Budget.
The average two-year fixed rate for those with a 40% deposit is now 4.18%, while the average five-year fixed mortgage rate for those with a 40% deposit is 4.19%,
Chinese-built supertankers transporting oil into the United States could be forced to pay fees of up to $5.2 million per each port call, according to new guidelines announced by the Trump administration.
The newly announced fees, which were announced as part of the administration’s plan to revive the domestic shipbuilding industry while weaning the economy off of its dependence on China,
» Read more about: Chinese-built oil supertankers could pay up to $5.2M per US port visit: report »
Ever since President Donald Trump introduced his first round of new tariffs, it’s been a waiting game to see just how much they’ll impact the global economy.
This week, one of the earliest signs was revealed — and it wasn’t pretty.
» Read more about: Want evidence Trump’s tariffs are upending the global economy? Here it is »
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Atlas Merchant Capital founding partner and CEO Bob Diamond asks what the U.S. is doing in doubling the debt on “The Claman Countdown.”
The market for U.S. Treasuries plays a critical role in how the federal government finances its spending through debt and holds the title of the world’s largest.
» Read more about: Amid recent market turmoil, who owns US Treasuries? »
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Tugboats push a crude oil tanker to a reception terminal operated by Sinopec Group on January 30, … More
VCG via Getty Images
The wider oil market sentiment continues to be bearish given the possibility of a global trade war,
» Read more about: Prolonged Trade War May Wipe Out 50% Of China’s Oil Demand Growth »
The unbridled optimism for Wall Street’s artificial intelligence (AI) darling is starting to sour.
For more than two years, no trend has captivated the attention of investors quite like the evolution of artificial intelligence (AI). The ability for software and systems to reason, act, and potentially even evolve to learn new skills,
Demand for artificial intelligence (AI) services is exploding. Some estimates believe it will be a $4.8 trillion market by 2033.
Want to make sure your portfolio benefits? Each of these three stocks should benefit immensely from the rise of AI. But each has a slightly different angle of exposure.
» Read more about: 3 Millionaire-Maker Artificial Intelligence (AI) Stocks to Buy Now »
Here is what Sal Maiorana would do in three scenarios that could occur for the Buffalo Bills in the first round of the NFL Draft.
