Stocks
Wall Street is abuzz as the Federal Reserve is expected to announce its first interest rate cut of the year on Wednesday, with stocks trading near record highs as a result. The S&P 500, Dow Jones Industrial Average, and Nasdaq composite have all shown gains, with Oracle shares
Trump, Donald
The U.S. Court of Appeals for the District of Columbia Circuit ruled Monday that President Donald Trump cannot fire Federal Reserve Governor Lisa Cook while her administration's legal claims against her continue to play out in court. The decision upholds a lower court decision, which ruled the
Trump, Donald
Trade disruptions are expected to prompt interest-rate cuts from both the Bank of Canada and the US Federal Reserve this week, after months of waiting to gauge the impact of US President Donald Trump's tariffs on the global economy. The two central banks have held off on easing
Financial markets
As the US economy navigates through a period of uncertainty, economists warn that it is edging closer to stagflation - a scenario where stagnant growth combines with inflation of prices. Recent data suggests that hiring has slowed down, and inflation has started to creep up, despite initial job figures showing
Trump, Donald
As the US heads into election year 2024, President Donald Trump's signature policies, such as raising tariffs on imported goods and reducing immigration through deportations and work permit cancellations, are putting pressure on the nation's economy. Consumer prices rose 2.9% in August, fueled by tariffs
Financial markets
The Brazilian economy, struggling under a restrictive monetary policy that has lasted too long, is facing growing uncertainty as investors weigh the risks and returns of investments. According to Elmer Ferraz, an equity manager who has recently joined Jubarte Capital as a partner, the stock market, excluding Vale and Petrobras,
Trump, Donald
US consumer inflation has reached its highest level since January, rising to 2.9 percent in August, according to the Labor Department, despite analysts' expectations that the central bank would remain committed to an interest rate cut next week. The growing cost-of-living pressures on households due to President Donald
Trump, Donald
The administration of United States President Donald Trump has asked an appeals court to remove Lisa Cook from the Federal Reserve's board of governors by Monday, seeking to shape the board before the Fed's next interest rate-setting meeting. This move comes as Senate Republicans are pushing
Trump, Donald
The Senate Banking Committee has voted 13-11 to advance Stephen Miran, chair of the White House Council of Economic Advisers, to a spot on the Federal Reserve board of governors. Miran's nomination now heads to the full Senate, where it is expected to be confirmed along a partisan
Ishiba, Shigeru
The Japanese yen experienced a sharp decline on Monday after Prime Minister Shigeru Ishiba's resignation, while the US dollar struggled to recoup losses following a weak jobs report. Investors are now focusing on French Prime Minister Francois Bayrou's confidence vote, which is expected to plunge the
Trump, Donald
The US economy added 22,000 jobs in August, falling short of analyst forecasts and sparking concerns about a cooling labor market. The unemployment rate rose to 4.3 percent, with the slowest job growth since July. Experts warn that the economic slowdown may impact the 2026 midterm elections, particularly
Financial markets
DoubleLine Global Bond Portfolio Manager Bill Campbell warns in a new paper that President Trump's pressure on the Federal Reserve to cut interest rates is not only to stimulate the economy but also to head off a significant surge in government debt-service costs as maturing Treasuries are refinanced
