DOGE Dividend Cheques May Give Americans $5000 Each: What Is It And How Do You Qualify For It
Americans could use DOGE dividend cheques to clear debt, grow their emergency funds, and invest in long-term goals like retirement, which could have an overall deflationary effect on the US economy.
Robert Kiyosaki Reveals Why You Should Invest In Gold As US Central Bank Buys At Record Pace
Robert Kiyosaki believes that the US Federal Reserve’s gold-buying spree and interest rate cuts will drive its value to new record highs in the near future.
Social Security Retirees Expecting 2025 COLA Increase Should Do This By November 20
A free my Social Security Account will allow recipients to view the latest COLA notices detailing the exact amount they will receive starting next year.
Vanguard Says People Under 55 Are Making This $130K Mistake When Rolling Money Over From Their 401(k) To IRA
Most investors rolling over their 401(k) funds into an IRA are unaware that the money sits as idle cash until actively invested in stocks and bonds.
US VP Kamala Harris Outlines Plan To Trim Living Costs As It Remains Americans’ Top Concern
US Vice President and Democratic nominee Kamala Harris plans to lower living costs through several measures, including lowering grocery prices, introducing child tax credits, and offering downpayment assistance for first-time homebuyers.
President Biden’s 2% Pay Hike For Federal Employees in 2025 Much Lower Than Previous Years
The Biden Administration’s latest pay raise announcement is lower than the 4.6% hike at the end of 2022 and 5.2% at the end of last year.
16 Nobel-Prize Economists Say ‘Joe Biden’s Economic Agenda Is Vastly Superior to Donald Trump’
The Nobel laureates think former President Donald Trump’s re-election will reignite inflation and have a destabilising effect on the US economy.
JPMorgan CEO Jamie Dimon on ‘Hard Landing’ and ‘Stagflation’ Fears as Inflation Worries US Fed
JPMorgan CEO Jamie Dimon thinks the odds of a recession are higher than people think despite markets reaching record highs and the consensus rooting for a sustained bull run.
Rising Debt, Delinquencies, and a Hot Wholesale Inflation Print Signal More Rate Hikes
US Fed’s plans of interest rate cuts and market expectations of a “soft landing” could be at stake as wholesale inflation data for April notches up.
Markets looking for clarity but tuning out Fed message
In the battle to contain red-hot inflation, which topped nine percent in June, the Fed has hiked rates four times
Fearful Wall Street awaits Fed’s next moves on inflation
The Fed is the world’s most influential central bank, and its policies have implications for lending globally.
Global stocks mixed as Chinese economic growth slows
The US Federal Reserve is expected to begin paring its stimulus before the end of the year.
No fear of inflation ‘runaway train’: IMF chief
BOE governor Andrew Bailey said central bankers face a “very difficult balancing act”
US economy almost ready for less stimulus, Fed official says
Atlanta Federal Reserve Bank President Raphael Bostic warned that higher inflation could persist.
Stocks track US rout as rally hits roadblock, second virus wave appears
The optimism on trading floors was shattered when Federal Reserve boss Jerome Powell signalled the world’s top economy would take some time to bounce back.
Asian markets tumble again after virus sparks Wall Street collapse
There is a broad consensus that the disease, which has wiped trillions off market valuations, will cause a global recession.
Global banks take crisis measures as virus death toll surges
After the COVID-19 pandemic began in China, Europe has emerged as the biggest flashpoint and the death toll on the continent surged over the weekend.
IMF calls for ‘substantial’ stimulus, coordination against virus
The rising concern about the global economy has been reflected in the continued collapse of global stock markets.
US economy faces long-lasting damage from trade war: Fed official
The trade picture is “somewhat better” heading into 2020.
Global stock markets weighed down by virus fears
After powering to a record close Tuesday, traders fearing the virus could spread and harm the global economy, sent Wall Street into the red.
Interest rates ‘well positioned’ for growth: US Fed’s Powell
Weakening global growth and President Donald Trump’s trade wars together hit US exports.
Robust US jobs report scuppers Brexit deal rally for the pound
The British currency spiked intraday on London-Brussels announcement but slid as the greenback rose.
Markets welcome nomination of Jerome Powell as Federal Reserve chair
US President Donald Trump announced Powell, 64, as his pick to lead the Fed on 2 November in place of current chair Janet Yellen.
Donald Trump to name Jerome Powell as US Federal Reserve chairman
Ahead of formal confirmation, reports say the President has picked the serving Fed board member to succeed Janet Yellen at the US central bank.
US consumer spending registers strongest monthly gain in 8 years
Surge led by strong sales of autos and other durable goods, according to official data.
Pound rallies against dollar and euro on leaked EU document
Confidential document suggests trade talks between London and Brussels could begin soon despite claims that Brexit negotiations were deadlocked.
Fed’s Yellen: US opioid abuse related to decline in labour force participation
The central bank chief noted that the US has seen a rise in its death rate.
The end of easy money: Central bankers spark fears among investors
Central banks in the US, UK and Europe signalled they might end the loose monetary policy that has injected trillions of dollars into their economies.
FX Focus: Markets lack drivers as investors await Fed minutes
Federal Reserve will release minutes of its latest meeting tonight.
FX Focus: Dollar tumbles after Trump says the currency is ‘too strong’
US president warns dollar’s ongoing strength could hurt the US economy in the long-term.