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 ...
RBA rate cuts coming – but don’t expect a windfall
Economists say the tight jobs market and increasing government spending will mean the RBA will deliver just three or four ...
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 ...
Column-Financial conditions undercut Fed's 'restrictive' view: McGeever
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...
Gold Hits Record High as Trump Tariff Threats Aid Haven Demand
Gold rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose ...
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 ...
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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.