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News
President Donald Trump's Interest-Rate Ultimatum Will Likely Fall on Deaf Ears Due to 3 Factors, One of Which Is Trumpflation
3+ hour, 51+ min ago (893+ words) Since the late 1890s, Wall Street's major stock indexes have risen under roughly three-quarters of all presidential terms. However, the annualized returns of the timeless Dow Jones Industrial Average (DJINDICES:^DJI), benchmark S&P 500 (SNPINDEX:^GSPC), and tech-driven Nasdaq Composite (NASDAQINDEX:…...
Exxon's 2030 Targets Call for $35 Billion More in Cash Flow. Here's the Milestone That Tells You It's on Track By 2028.
1+ day, 5+ hour ago (17+ words) Exxon is leaning into growth, but a significant portion of that growth will come from one place....
'This is the test': All eyes on US Fed to tackle high inflation
10+ hour, 27+ min ago (717+ words) The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on…...
Trump’s $5,000 Promise Carries a $1.23 Trillion Price Tag: Does the Treasury Have the Cash?
1+ day, 10+ hour ago (284+ words) President Donald Trump has promised a $5,000 “dividend” to every adult U.S. citizen if Republicans keep control of both chambers of Congress in November. There’s just a little problem. The U.S. Treasury doesn’t have the money to write this…...
Stubbornly Hot Inflation Raises Pressure on the Fed
1+ day, 11+ hour ago (78+ words) Prices in the U.S. economy kept rising in August, according to government data released Friday, ratcheting up the affordability squeeze on American consumers while raising pressure on the Federal Reserve to increase interest rates at its meeting next week. The consumer…...
Peter Schiff Warns Trump’s $5,000 Voter 'Bribe' Could Trigger 'Massive Inflation' Worse Than Under Biden: 'The Craziest Part Is..."
1+ day, 12+ hour ago (149+ words) Economist Peter Schiff criticized President Donald Trump‘s promise of a $5,000 payout to adult voters, warning it could cause a significant inflation spike. Schiff took to X to express his concerns over Trump’s pledge to lure voters ahead of the......
The New Fed Chair Only Knows High Inflation and That Matters
1+ day, 13+ hour ago (75+ words) <p>The latest inflation reading has markets pricing in a higher likelihood of an interest rate hike as the new Fed Chair grapples with persistent and rising core inflation. Aristotle Pacific's Jeff Klingelhofer shares why the environment matters for a new…...
US consumer prices accelerate in August, push Fed closer to rate hike
1+ day, 14+ hour ago (548+ words) By Lucia Mutikani WASHINGTON, Sept 11 (Reuters) - U.S. consumer prices accelerated in August, while a key measure of underlying inflation posted its largest increase in four months, reinforcing...
Trump says he’s open to Chinese automakers building cars in the U.S.
1+ day, 16+ hour ago (325+ words) Investing.com -- President Donald Trump said he would be open to Chinese automakers building vehicles in the United States with American workers, even as he pledged to maintain restrictions that have effectively shut Chinese-made cars out of the U.S. market. Trump…...
US midterm election betting races past 2024 congressional total, data shows
3+ week, 6+ day ago (442+ words) Aug 17 (Reuters) - Betting on November's U.S. midterm elections has already hit $133 million, surpassing the $92.4 million wagered during the 2024 congressional election cycle, the Anti-Corruption Data Collective said on Monday. The non-profit research and advocacy group forecast that total wagers on the 2026 midterms…...