Shankar Sharma sees Trump as a bigger threat to the US than to the world—here’s why
Investor Shankar Sharma warns that Trump’s tariff policies pose a greater risk to the US economy, potentially raising costs ...
Colombia central bank seen slowing rate cuts in first meeting of the year
Board members of Colombia's central bank are expected to opt for a smaller rate cut when they meet on Friday on uncertainty ...
GDP Prints At Just 2.3%; 40 Bps Below Expectations
GDP growth for Q4 2024 was 2.3%, below the 2.7% consensus estimate and our forecast range of 2.75% (+/-25 bps). Read more on ...
tastylive7h
Stock Markets May Revert to Defense Mode After U.S. PCE Data
The Fed policy meeting and U.S. GDP report leave rate cut expectations steady and stocks are at risk if sentiment reverts to ...
Tesla, IBM and Meta lead most of Wall Street higher
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
This Week In Credit Card News: The Numbers Show That Consumers Are Stressed
Consumer Stress Is on the Rise Rising auto repossessions and a growing rate of minimum credit card payments offer signs ...
Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Fed's wait-and-see approach likely won't be shaken by new GDP and inflation numbers
A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new wait-and-see approach on interest rates.
U.S. Dollar Index Analysis: Hawkish FOMC Pause, Trump's Fed Criticism, And Technical Outlook
The Federal Reserve held interest rates steady and signaled a “wait and see” approach as uncertainties remain. Click to read.
Average mortgage rate eases for second week in a row
The average rate remains just below 7%, little relief for prospective home shoppers looking ahead to the spring homebuying ...
Average rate on 30-year mortgage eases for second week in as row, but remains just below 7%
The average rate on a 30-year mortgage in the U.S. eased for the second week in a row, but remains just below 7%, little ...
Fed Holds Interest Rates: What Small Businesses Can Expect In The 1st Quarter Of 2025
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...