Economy

Core Inflation Eases in December, Here’s Where the Fed Rate-Cut Odds Stand

Core inflation in the US cooled more than expected in December, sparking optimism about the Federal Reserve’s path for interest…

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Insurance Nightmare: Why Thousands Had Policies Canceled Before LA Wildfires

When the Los Angeles wildfires erupted, reducing thousands of homes to ash and leaving countless families displaced, a secondary crisis…

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Fed Cuts Rates, Stocks and Crypto Slide on Powell’s Hawkish Tone

On Wednesday, the Federal Reserve’s decision to cut interest rates by 25 basis points sent shockwaves through financial markets, with…

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Stocks and Bitcoin Dip as Hawkish Fed Remarks Rattle Markets

Stocks and cryptocurrencies, led by Bitcoin (BTCUSD), slid on Thursday following hawkish comments from Federal Reserve Chair Jerome Powell. Investors,…

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Fed Cuts Interest Rates for Second Time in 2024

In a widely anticipated move, the Federal Reserve announced its second interest rate cut in 2024 on Thursday, opting to…

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‘Trump Trade’ Stocks and Crypto Soar on Historic Election Win

US financial markets rallied dramatically on Wednesday after Donald Trump’s victory in the 2024 Presidential election, as investors flooded into…

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October Jobs Report Misses Big, Shaking Pre-Election Economic Narrative

In a critical jobs report just days before the presidential election, the US economy added a meager 12,000 jobs in…

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Consumer Confidence Surges, Job Openings Dip as Election Looms

In a striking development ahead of the 2024 US Presidential election, consumer confidence has surged while job openings dropped to…

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Bank of Canada Delivers Jumbo-Sized Rate Cut to Boost Economy

The Bank of Canada announced a significant shift in its monetary policy, cutting its key interest rate by 50 basis…

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US Jobs Report Surprises with Strong Job Growth and Unemployment Dip

The September jobs report saw the US economy defy expectations, adding 254,000 jobs, a figure well above the anticipated 150,000.…

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