U.S. Treasury Secretary Scott Bessent warns that the Federal Reserve's independence is at risk due to 'mandate creep' and calls for a review of its recent renovation project amid budget concerns.
Could slashing the federal funds rate to 1% trigger economic turmoil? Experts warn that such a drastic move could stoke inflation and prompt businesses to hunker down rather than expand.
Wall Street reacts dramatically to President Trump's tariffs, with the S&P 500 rebounding 26% despite ongoing market uncertainty. Are investors too confident in Trump's trade strategies?
In a surprising move, President Trump has re-escalated the trade war by imposing new tariffs on multiple countries. This decision could shake financial markets and disrupt the stability businesses have enjoyed.
U.S. Treasury yields surged as President Trump threatened more tariffs amidst ongoing trade tensions. With a 90-day tariff reprieve deadline looming, investors brace for fresh announcements that could impact financial markets.
The U.S. dollar has plummeted over 10% this year, marking its worst six-month decline since 1973. As political chaos and rising debt loom, investors question if this trend signals a long-term shift or a temporary blip.
Alibaba Group is set to raise approximately HK$12 billion through exchangeable bonds to enhance its global cloud services and commerce ventures. The tech giant is making significant moves amidst fluctuating markets and economic data.
As President Trump considers potential replacements for Jerome Powell, uncertainty looms over whether Powell will step down next year. With his term ending in May, Trump may need to prepare for various scenarios.
The Swiss National Bank has slashed its interest rate to zero, raising the possibility of negative rates in the future. This decision aims to combat low inflation and comes amid global economic uncertainty. What does this mean for savers and the markets?
Stock futures fell slightly as investors reacted to the escalating conflict between Israel and Iran, despite positive gains in major indices earlier. With oil prices cooling, what does this mean for the market?
