The Latest Breaking News from US Federal Reserve

During periods of uncertainty, gold is considered a safe-haven asset for enhanced stability and reliable returns. Therefore, fundamentally sound gold stocks Kinross Gold (KGC), B2Gold Corp (BTG), and Dundee Precious Metals (DPMLF) seem to be on the top of investors’ watchlist since they serve as a hedge against ongoing economic…

The Police Federation was criticised for 'treating cops like mushrooms - kept in the dark and fed manure'

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.46%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.68%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.41%. U.S. stocks this morning shook off early losses and...

Morning Markets The S&P 500 Index ( $SPX ) ( SPY ) is up +0.47%, the Dow Jones Industrials Index ( $DOWI ) ( DIA ) is up $0.69%, and the Nasdaq 100 Index ( $IUXX ) ( QQQ ) is up +0.37%. U.S. stock index futures this morning are...

Financial services companies usually benefit in a high-interest rate environment as it helps them boost their profit margins. Moreover, the growing adoption of digital financial services is expected to drive the long-term growth of the financial services industry. In this piece, I have evaluated two financial stocks Marathon Digital (MARA)…

The broader crypto market followed suit, as the total market capitalization for all cryptocurrencies dropped about 4%.

The PPI print follows the May consumer price index (CPI) reading, which came in lower than expected.

Morning Markets June E-Mini S&P 500 futures (ESM2 3) this morning are down -0.50%, and June Nasdaq 100 E-Mini futures (NQM2 3) are down -0.79%. U.S. stock index futures this morning are moderately lower on concern major central banks will keep interest rates higher for longer to contain inflation. The...

The number of Americans applying for unemployment benefits remained elevated last week, a possible sign that the Federal Reserve’s interest rate hikes over the past year may taking hold in what’s been a resilient job market

The Federal Reserve is taking a break from its war on inflation. After raising rates 10 times in 10 meetings in 2022 and 2023, the central bank made no change during its latest meeting. Fed Chairman Jerome Powell announced no further increase in the federal funds rate on June 14…

Output is expected to contract as early as October and continue shrinking during the all-important election year, making it the worst performing economy among G7 nations in 2024.