The Dow Jones Industrial Average fell sharply on Thursday, losing about 400 points and marking its lowest level in nearly two weeks. The decline came as investors continued to retreat from major artificial intelligence and tech-related shares, signaling a broader cooling in one of the market’s hottest sectors.The pullback followed …
Read More »Fed’s Hammack Pushes Back on More Rate Cuts, Citing Persistent Inflation
Cleveland Federal Reserve President Beth Hammack has voiced firm opposition to additional interest rate cuts, warning that persistent inflation remains a significant challenge to the U.S. economy. Speaking at an economic event in New York, Hammack said she remains concerned that monetary policy is not doing enough to bring inflation …
Read More »Trump’s Tariff Powers Face Historic Supreme Court Test
The United States Supreme Court has cast doubt on President Donald Trump’s authority to impose sweeping tariffs under emergency powers, in a case that could redefine presidential control over trade policy. During a tense hearing in Washington, both conservative and liberal justices questioned whether the president had overstepped constitutional boundaries …
Read More »Pound Rises After Bank of England’s Cautious Pause, but Momentum Fades
The British pound strengthened slightly on Thursday after the Bank of England decided to keep interest rates unchanged, signaling a cautious but potentially shifting stance on monetary policy. The decision revealed growing division among policymakers, with several members favoring a rate cut — a sign that the central bank may …
Read More »Bitcoin Defies Gravity: The World’s Top Digital Coin Pushes Past Market Headwinds
The price of Bitcoin is showing resilience, currently trading at $103,729 USD. This represents a solid +2.23% increase over the last 24 hours, suggesting that buying activity has picked up despite recent market concerns.What’s Behind the Price Movement?This recent bounce comes after a difficult period for the digital asset. Over …
Read More »Silver Rebounds as Investors Regain Confidence in Precious Metals
After several days of declines, silver prices recovered on Tuesday, rising as market sentiment improved and demand expectations began to stabilize. The precious metal regained strength following a period of selling pressure that had dragged prices lower amid a stronger dollar and weak industrial data.The latest rebound reflected renewed investor …
Read More »Is Oil’s Weakness a Warning Signal for Global Economies?
The recent drop in WTI crude oil prices, which saw the continuous contract trade around $59.62 per barrel—a sharp decline of over 1.5%—is more than a momentary market correction. It suggests that a fundamental shift is underway, driven by the stark reality of ample global supply running head-on into flagging …
Read More »Sterling on Edge: BoE Rate Decision Looms Amid Fiscal Tensions and Global Market Jitters
As the Bank of England’s Monetary Policy Committee (MPC) prepares to announce its latest interest rate decision at noon on Thursday, November 6th, the UK economy finds itself at a crossroads. While most analysts expect the base rate to remain at 4%, a swirl of economic signals, fiscal uncertainty, and …
Read More »Microsoft Shares Extend Losses Despite Strong Earnings: Investors Turn Cautious
Microsoft’s stock continued its losing streak on Tuesday, marking a fifth straight day of declines even after the tech giant posted earnings that exceeded market expectations. The downturn came amid a broader sell-off in high-valuation technology shares, sparking concerns that investors may be rethinking the sector’s lofty pricing.The company reported …
Read More »Fed’s Miran Sees Strong ADP Data as Green Light for December Rate Cut
Federal Reserve Governor Stephen Miran said the latest ADP employment report was “a welcome surprise,” highlighting that the U.S. labor market remains resilient despite broader economic uncertainty and the lingering threat of a government shutdown.Miran noted that current interest rates may now be higher than needed, suggesting that a rate …
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