Economy

Inflation Rises at Fastest Pace in 1.5 Years: What it Means for 2025 Fed Rate Cuts

Inflation is heating up again, casting doubt on hopes for Federal Reserve rate cuts in 2025. Fresh data from the…

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Why the Fed Left Rates Unchanged Despite Pressure from Trump

The Federal Reserve has decided to hold interest rates steady in its January 2025 policy meeting, resisting calls from President…

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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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