Trump Tariffs May Add $20K to U.S. Homebuilding Costs
Canadian imports at the heart of housing cost surge
New data from the Canadian Chamber of Commerce reveals a potential blow to U.S. housing affordability:...
Big U.S. Banks Post Strong Q2 Despite Market Volatility
Trading Revenues Surge as Volatility Drives Activity
Despite elevated interest rates and persistent trade tensions, the five largest U.S. banks posted strong second-quarter results, driven...
Fed Renovation Costs Spark Trump Criticism, Powell Probe
Powell Requests Inspector General Review of $2.5B Project
Federal Reserve Chair Jerome Powell has formally asked the central bank’s independent inspector general to review the...
India Cracks Down on Derivatives Manipulation
SEBI intensifies surveillance after Jane Street ban
India’s markets regulator is tightening oversight of derivatives trading following allegations of manipulation involving U.S.-based trading firm Jane...
May Inflation Stays Mild, Boosts Rate Cut Hopes
Core PCE rises to 2.7% as spending and income decline
U.S. inflation remained subdued in May, with the personal consumption expenditures (PCE) price index—the Federal...
Fed Proposes Major Rollback of Bank Capital Rules
New eSLR change aims to boost Treasury market but raises stability concerns
U.S. regulators on Wednesday proposed one of the most significant easing measures to...