Powell Says Fed Faces Tough Balancing Act on Inflation
Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank is performing a delicate balancing act as it seeks to contain inflation...
U.S. Job Market Stagnates Amid Government Shutdown
Alternative Data Replaces Delayed Official Reports
With the federal government shutdown halting key economic releases, economists are relying on alternative data sources to gauge the...
Dollar Holds Steady as Shutdown Uncertainty Weighs
Greenback Recovers from Early Decline
The U.S. dollar steadied on Wednesday after a volatile trading session shaped by political turmoil in Washington. The dollar index,...
Trump Threatens New Tariffs on Global Furniture
President Donald Trump has escalated his trade agenda with a new threat to impose “substantial tariffs” on any country that does not manufacture furniture...
Nvidia’s $100B OpenAI Deal Lifts Chip Stocks
Record investment sparks rally
Global semiconductor stocks surged on Tuesday after Nvidia unveiled plans to invest up to $100 billion in OpenAI. The deal, which...
Fed Cuts Rates for First Time in 2025
The Federal Reserve reduced its benchmark interest rate on Wednesday for the first time in nine months, lowering it by a quarter point to...