The Federal Reserve left its key interest rate unchanged for the seventh-consecutive month despite lingering concerns about inflation rates that continue to pressure U.S. households’ finances. The decision was largely expected by investors, who have seen markets begin to churn amid ongoing concerns about higher oil prices stemming from the war with Iran, and AI […]
This story is the first in “Tough Times,” a Harvest Public Media series looking at the economic stress that many American farmers are facing in 2026. Rows of green corn blanket Pat Mullooly’s farm in southern Wisconsin. After months of preparing the ground, planting seeds and adding fertilizers and pesticides, much of his work for […]
The U.S. dollar was perched near a one-month high on Wednesday, buoyed by safe-haven flows after hostilities flared anew in the Middle East, while traders awaited a key Federal Reserve interest rate decision later in the day. Sopa Images | Lightrocket | Getty Images The U.S. dollar was perched near a one-month high on Wednesday, […]
Trade Setup for July 29: Top 15 things to know before the opening bell amid easing oil prices If Nifty convincingly moves above 24,050, the 24,200-24,300 zone will be the immediate area to watch, followed by 24,400 (the 200-day EMA) as the next key hurdle. On the downside, support is placed in the 23,900-23,800 zone. […]
Today, the Chinese government held a press briefing to present its official position on the overcapacity issue by releasing a position paper titled “China’s Position on the So-called Excess Capacity Issue” Overcapacity has long been one of the most contentious issues in China’s trade relations with both the European Union and the United States. In […]
PHILADELPHIA (KYW Newsradio) — Now that LeBron James has officially signed with the 76ers, experts expect he’ll have a sizable economic impact on the Philadelphia region. And that’s on the heels of a banner summer for Philly. Just as the city was beginning to cool down from a summer filled with FIFA World Cup games, […]
At a press conference in Buenos Aires, IMF Managing Director Kristalina Georgieva expressed strong confidence in President Javier Milei’s economic reforms as Argentina faces significant debt challenges ahead of his anticipated reelection campaign. Improvements in foreign reserves, inflation rates, and sovereign risk profile were highlighted as positive signs of economic stability. Despite recent upgrades in […]
OCBC’s Sim Moh Siong and Christopher Wong highlight that markets have repriced the risk of a July Fed hike higher after Oil-driven inflation worries, but still expect no move. A hawkish hold would keep the US Dollar (USD) supported by pushing tightening expectations further out, while a poorly explained pause could hurt Fed credibility, lift […]
The “Howe” effect on the U.S. economy FOX 2 Detroit Read the full article…
Policy analyst Juraj Majcin has referred to NATO Secretary General Mark Rutte who has dubbed the Summit in Ankara a “delivery summit”. In many ways, it lived up to that description. It did not remove the political uncertainty surrounding US President Donald Trump’s approach to NATO. However, it acknowledged that Europeans and Canadians were shaping […]
