Traders see the odds of a Fed rate cut by September at 100%
Traders are now 100% certain the Federal Reserve will cut interest rates by September. There are now 93.3% odds that…
Trump 2.0 could be bad news for global inflation, analysts say
A second presidential term for former President Donald Trump could reignite global inflation as his America-first policies drive up costs…
World leaders condemn assassination attempt on Trump: ‘Tragedy for democracy’
World leaders have joined together to condemn the assassination attempt on former U.S. President Donald Trump over the weekend. Trump…
Majority of economists say inflation would be higher under Trump than Biden: WSJ survey
A majority of economists surveyed by The Wall Street Journal said former President Donald Trump’s policies would be more likely…
Here’s the deflation breakdown for June 2024 — in one chart
Inflation has throttled back significantly since peaking two years ago. The U.S. economy is even seeing some prices deflate for…
‘Why would you tinker with it if it’s not broken?’: Economist on why the Fed may not cut rates in September
Markets now firmly expect a September interest rate cut in the U.S., but the Federal Reserve has a strong reason…
High inflation is largely not Biden’s or Trump’s fault, economists say
Inflation decelerated again in June, bringing further relief to consumers’ wallets. The consumer price index rose 3% in June 2024…
‘Make or break week:’ Stifel sees 40% chance of President Biden dropping out of the race
There’s a 40% chance President Joe Biden will not seek reelection, according to Stifel. Brian Gardner, the firm’s chief Washington…
Jobless rates rise in June for white, Black and Hispanic women but fall for men in the three racial groups
The unemployment rate for women in white, Black and Hispanic racial groups rose in June in line with the overall…
‘Early innings’ of a U.S. manufacturing boom: Tema ETFs CEO delivers bull case for industrials
One exchange-traded fund is betting on a U.S. manufacturing job resurgence. Tema ETFs CEO and founder Maurits Pot is behind…
