Tag Archives: Kamala Harris

Headline inflation in the United States rose in October as anticipated, according to the Labor Department, drawing the attention of the Federal Reserve as it prepares for a pivotal policy meeting next month. The consumer price index (CPI), a primary measure of price growth in the U.S., increased by 2.6% …

As the US prepares to elect a new president, analysts have outlined what a Trump victory could mean for the global economy. However, Europe could expect from Democratic candidate Kamala Harris, who has stated that her presidency would not be a continuation of Joe Biden’s presidency. In terms of domestic …

Monday saw a decline in the value of the US dollar as Ipsos surveys predicted that Vice President Kamala Harris will win the US presidential election. With the FOMC meeting taking place amid uncertainties surrounding the US presidential election, traders are in for a highly tumultuous week. The US dollar …

The election has significant implications for Fed policy in 2025, with a Trump victory potentially ensuring a lower tax environment that boosts sentiment and spending in the near-term. However, promised tariffs, immigration controls, and higher borrowing costs will become headwinds through his presidential term. Conversely, a Harris victory implies continuity, …

The United States has finalized rules to limit investments in critical technology sectors in China, such as artificial intelligence, on national security grounds, according to the Treasury Department. These restrictions will prevent U.S. citizens, permanent residents, and U.S.-based companies from engaging in transactions involving technologies like AI, semiconductors, and quantum …

Inflation in the U.S. eased on an annual basis in September, though it still surpassed economists’ forecasts, potentially complicating the Federal Reserve’s decision on future interest rate cuts. The Consumer Price Index (CPI), a key measure of headline inflation, slowed to 2.4% year-over-year, down from 2.5% in August, but higher …

Following the half-percentage-point interest rate cut by the Federal Reserve less than two months before the November election, Republican presidential nominee Donald Trump is not holding back in his criticism of the institution. In an interview with Newsmax on Thursday, the former president stated, “It really is a political move.” …

Mixed Market Performance: Investors are regrouping after a tumultuous few days in the markets. With a pivotal moment in the presidential campaign and the release of a key economic indicator just hours away, stocks were mixed, and oil prices fell to their lowest levels since December 2021.Political and Economic InfluencesTuesday …

The global oil market remains in a state of flux, with prices hovering near 14-month lows. A combination of factors, including unexpected inventory draws, OPEC+ decisions, and persistent demand concerns, have contributed to this volatile landscape.Inventory Dynamics and OPEC+ InterventionA significant factor influencing oil prices has been the recent dynamics …

US markets closed higher on Friday, securing the best week for stocks since November 2023. This comes after a rally on Thursday that erased losses suffered during the early August sell-off.Key Developments:All major indexes gained for the week, with the S&P 500 (^GSPC), Nasdaq Composite (^IXIC), and Dow Jones Industrial …