Federal Reserve officials are planning to lower interest rates gradually. They think inflation is coming down and the job market is doing well. This means they can afford to cut rates slowly. The meeting notes said that if things stay as expected, with inflation going down and jobs staying strong, r
Imagine paying more for your favorite fruits, veggies, and even beer from south of the border. The U. S. imports a lot of its fresh produce from Mexico, which could reportedly face new tariffs under Trump. The bottom line? You might feel the pinch in your wallet while shopping. Mexico is a major su
Investors seem to be feeling more at ease with Donald Trump's choice for Treasury secretary. At 5:42 a. m. ET, the 10-year Treasury yield dropped by over 6 basis points to 4. 347%, while the 2-year yield fell by more than 2 basis points to 4. 348%. This change came as investors considered Trump's se
Rumble, a video platform with a conservative following, is making headlines for its bold new treasury strategy. The company recently announced that it'll allocate a portion of its excess cash to buy bitcoin, with a cap of $20 million. This move isn't surprising, given the growing interest in cryptoc
Target's holiday shopping forecast is a bit of a bummer. They think sales will stay the same, and profits might go down. This isn't great news for Target, which saw sales go up by just 0. 3% last quarter. Their shares dropped by as much as 20% in early trading on Wednesday. Target is like a canary
In October, the U. K. saw a surprising jump in inflation, reaching 2. 3%. This is higher than the expected 2. 2% and a significant increase from September's 1. 7%. The news might put a pause on the Bank of England's plans to lower interest rates in December. The Bank aims to keep inflation at 2%, bu
Inflation is a cruel beast, especially for small businesses as they face skyrocketing costs and disgruntled customers. Enjou Chocolat, a small chocolate shop in New Jersey, knows this story all too well. Forcing customers to shell out more for treats, like $14. 99 for a half-pound bag of foil chocol
Lately, Bitcoin has been on a roll, hitting new highs. Many analysts tie this to Donald Trump's recent election win. Some even predict Bitcoin could hit $120, 000 soon. The trading firm QCP thinks this is possible, citing Trump's plan for a strategic Bitcoin reserve and recent inflation data. Bitco
During Donald Trump's first term, Wall Street picked up on something big: the stock market was his scoreboard. He celebrated rallies, advised Americans to buy when prices dipped, and even thought about firing the Fed Chair, Jerome Powell, when the market dropped. Now, as he gears up for another run
Federal Reserve Chair Jerome Powell dropped a hint in Dallas about future interest rate cuts. He said, "We're in no hurry. " Why? Inflation is still hanging around, and the economy is doing just fine. He's got a point. When things are steady, there's no rush to change them. Economists think the Fed
