Early Thursday, European markets saw a modest rise as investors analyzed global inflation and potential rate cut moves by central banks. The Stoxx 600 index was up a bit, with sectors showing mixed results. Telecom stocks led the gains, while household goods dipped. Burberry's shares shot up by 13%
Hey there! Did you know that the average rate for a 30-year mortgage in the US just dropped a bit? It went from 6. 79% to 6. 78%, ending a six-week rise. Why is this happening? Well, mortgage rates are like a mirror reflecting the 10-year Treasury bond yields, which have recently been bouncing aroun
Last week, Federal Reserve Chairman Jerome Powell spoke at an event in Dallas. He emphasized the importance of the Fed's independence from politics. Powell got a big laugh from the crowd when he avoided talking about President Trump's plans to deport undocumented immigrants. He made it clear that po
On Tuesday, investors got worried that some stocks were getting too expensive. This is called a stock market "bubble. " These stocks, often riskier ones, had gone up a lot after Donald Trump was elected president. But before important US economic data was released on Wednesday, some of these stocks
Traders are speculating more actively on an interest rate cut by the Federal Reserve in December. This prediction is based on new inflation data that aligns with current expectations. As a result, Treasury debt is seeing a boost. The yield on two-year notes, which closely follow Fed rate decisions,
The Northrop Grumman B-21 Raider, initially priced at $550 million per unit, is likely to cost more as time goes on. This isn't surprising. The Department of Defense knows that inflation and economic pressures make weapons programs costlier. John Venable, from The Heritage Foundation, says increased
In a recent announcement, the Federal Reserve decided to lower their key interest rate by a small amount. This move comes as inflation is getting closer to the central bank's target of 2%. The Fed noted that while inflation is still a bit high, unemployment is low. They also mentioned that the job m
Elections always shake things up, and the latest one is no different. The Federal Reserve is planning to lower interest rates again on Thursday. Why? To tackle inflation, which has been bothering many Americans. But here's where it gets tricky. The new President-elect, Donald Trump, has some bold ec
The financial world is buzzing with excitement as Donald Trump makes his comeback to the White House. Stocks are on a roll, with the S&P 500 leaping by 2. 1% and the Dow rocketing up by 1, 292 points. Bitcoin investors are over the moon, with prices reaching a record high of over $75, 000. Trump's f
The Federal Reserve is set to lower interest rates this week, but this time it's not about boosting a struggling economy. Instead, they're responding to lower inflation rates. The upcoming presidential election might not change this decision right away, but the winner could influence what the Fed do
