The U.S. Supreme Court on Friday invalidated a significant part of President Donald Trump’s expansive tariff program, ruling that the law used to justify many of the duties does not grant the president authority to impose tariffs. The decision, delivered in a 6–3 ruling, marks a major setback for one …

The United States’ economic growth slowed more than expected in the final quarter of 2025, with the Gross Domestic Product (GDP) expanding at an annualized rate of just 1.4%. This is a marked drop from the 4.4% growth recorded in the previous quarter and falls short of the anticipated 3% …

U.S. inflation data for December delivered a mild upside surprise, with the Personal Consumption Expenditures (PCE) price index rising to 2.9% year over year, slightly above market expectations of 2.8%. The figures suggest that inflation pressures remain sticky as the year closed, even as broader disinflation trends continue to unfold.On …

The latest readings of the Personal Consumption Expenditures (PCE) index—widely regarded as the Federal Reserve’s most reliable and preferred measure of U.S. inflation—came in above market expectations. Core PCE, which excludes food and energy prices, also exceeded forecasts, signaling stronger‑than‑anticipated underlying inflation pressures. These results highlight the possibility that the …

Comments from Mary Daly reinforced the view that US monetary policy is on solid footing, with current settings seen as appropriate for prevailing economic conditions. Recent progress on inflation, alongside signs of a healthier balance in the labor market, has reduced the need for urgent policy changes.Inflation progress supports patienceDaly …

Nvidia in Focus Ahead of Earnings as AI Momentum Faces a Critical TestAs its latest earnings release approaches, Nvidia has moved firmly into the market spotlight. Expectations are high that the results will offer fresh insight into whether the global surge in artificial intelligence spending remains intact—or is beginning to …

The Japanese yen traded calmly against the US dollar on Thursday, with the currency pair lingering just under the 155 level. Activity remained muted as investors chose to stay on the sidelines ahead of Japan’s upcoming inflation report, a release expected to provide fresh direction for the market.Dollar strength sets …

US stocks moved lower on Thursday as investors shifted to a more defensive stance. The Dow Jones Industrial Average dropped by nearly 300 points, giving up a portion of the previous session’s gains as uncertainty resurfaced across global markets.Middle East risks reignite inflation worriesRenewed tensions involving the United States and …

Oil prices climbed to their highest levels since August 2025 on Thursday, fueled by escalating tensions between the US and Iran. West Texas Intermediate (WTI) traded around $66.35 per barrel, extending gains from a sharp rally earlier this week. Brent crude also followed suit, reaching $71.55 per barrel.The surge reflects …

Gold hovered just below $5,000 on Thursday, unable to extend recent gains as investors balanced a strong US Dollar with ongoing global uncertainties. The precious metal has drawn attention as a safe-haven amid rising tensions in the Middle East.Prices stayed around $4,975 per ounce, consolidating after briefly reaching $5,021 earlier …