U.S. durable goods orders jumped sharply in March, marking the biggest gain since July 2024, but the high single-digit headline spike hides a mixed picture that casts doubt on whether factory momentum was firing on all cylinders ahead of Trump's April 2 tariff move.
American economist Kenneth Rogoff says that the Federal Reserve?s autonomy is a lot more fragile than most people realize. What Happened: On Wednesday, while appearing on the In Good Company podcast, Rogoff spoke extensively on the recent conflict between President Donald Trump and Fed Chair Jerome Powell.
Super Micro Computer, Inc. (SMCI) stock is trading higher amid overall market strength after President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell. The Details: According to the Wall Street Journal, Trump told reporters he wants Powell to "be a little more active in terms of his idea to lower interest rates," but added, "no, I have no intention to fire him."
U.S. Treasury Secretary Scott Bessent called for a sweeping overhaul of the International Monetary Fund and World Bank, criticizing China's export-driven model and urging a global economic reset aligned with the Trump administration's redefined vision of the Washington Consensus.
Despite President Donald Trump?s persistent criticism, Federal Reserve Chairman Jerome Powell is not rushing to cut interest rates. What Happened:?Trump has been outspoken on social media, referring to Powell as ?Mr Too Late? and ?a major loser? for what he sees as a reluctance to ease policy.
The first big economic pulse check since President Donald Trump's tariff announcement arrives Wednesday, and Wall Street is watching closely. S&P Global will release its flash Purchasing Managers? Index surveys for April, covering the United States, the United Kingdom, Germany and France.
Plug Power Inc (PLUG) shares are trading higher by 11.5% to 88 cents Tuesday afternoon. What To Know: Tuesday?s market bounce followed Monday's sell-off, which was triggered by the Trump administration?s pressure on the Federal Reserve. Sentiment improved further after U.S. Treasury Secretary Scott Bessent signaled a potential easing in U.S.-China tensions.
The International Monetary Fund has sharply downgraded its 2025 growth forecast for the United States, citing President Donald Trump's sweeping tariffs and a surge in economic uncertainty as major headwinds. In its April 2025 World Economic Outlook, the IMF now projects U.S. GDP growth at just 1.8% for the year, marking a 0.9 percentage point cut from its January forecast.
Bitcoin is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered?s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial disruptions.
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any ?action,? while agreeing with Treasury Secretary Scott Bessent?s comments on the central bank?s independence being like a ?jewel box? that needs to be preserved.
U.S. stock futures rose Monday night even as Wall Street had a rough start to the week, amid growing concerns regarding the Federal Reserve?s independence, and President Donald Trump?s repeated attacks on Fed Chair Jerome Powell for not cutting interest rates.
Two prominent Fed voiced issued strong public defenses of the central bank?s independence on Monday, calling out President Donald Trump?s attacks on Chair Jerome Powell as politically dangerous and economically destabilizing.
Klaus Schwab, Founder and Chairman of the World Economic Forum?s Board of Trustees, has officially resigned after 55 years of service in the Geneva-based institution. Schwab, who is entering his 88th year, informed the Board of Trustees of his decision, effective immediately.
Wall Street was gripped by a rare double sell-off Monday morning as U.S. stock futures and the dollar sank in tandem amid mounting fears that President Donald Trump could move to oust Federal Reserve Chair Jerome Powell well before his term expires in May 2026. The U.S. dollar index, tracked by the Invesco DB USD Index Bullish Fund ETF, fell 1.3% to 98.2, its lowest level since April 2022.
The past week has been a rollercoaster ride for investors, with significant developments in the global financial markets. Meanwhile, President Trump?s proposed tariffs continue to stir debate, and his recent threats against Federal Reserve Chair Jerome Powell have added another layer of uncertainty. Let?s dive into the details.
Crypto analyst Benjamin Cowen anticipates that Bitcoin will maintain its dominance over altcoins until there are alterations in the US monetary policy. What Happened: In a video post on Wednesday, Cowen communicated his insights to his 892,000 YouTube subscribers. Cowen?s prediction is that Bitcoin will continue to outperform altcoins until the US Federal Reserve relaxes its monetary policy.
U.S. stock futures trade mixed in a choppy session on Thursday night, amid President?Donald Trump?s?reassurance of a trade deal with Europe and China in the afternoon, following a fresh jab at Federal Reserve chair Jerome Powell for not cutting interest rates.
Personal finance expert Ramit Sethi is sharing his tips and advice for investors in the wake of tariffs from President Donald Trump weighing on the markets and the minds of Americans. The author, best known for the book "I Will Teach You to Be Rich," recently said that increasing savings is one of the most important things?people can do given the current macroeconomic concerns.
The European Central Bank cut interest rates for the seventh straight time Thursday, lowering its key rate to 2.25% in a move anticipated by President Donald Trump, who seized the moment to launch a fresh attack on Fed Chair Jerome Powell.
U.S. President Donald Trump on Thursday lashed out at Federal Reserve Chair Jerome Powell on Tuesday, calling him "Too Late and Wrong" over the central bank's ongoing reluctance to cut interest rates, just as market forecasts increasingly price in a prolonged Fed pause. What Happened: "The ECB is expected to cut interest rates for the 7th time," Trump posted on social media.
President Donald Trump joined preliminary tariff negotiations with Japanese officials on Wednesday, calling the discussions a ?great honor? and claiming ?big progress? as the two economic powers navigate contentious trade issues.
Federal Reserve Chair Jerome Powell said Wednesday that the U.S. is preparing to relax certain cryptocurrency and banking regulations, marking a notable shift in tone toward the digital asset sector.
Retail sales in March grew at the fastest pace in over two years, underscoring how American consumers accelerated their spending ahead of anticipated price distortions stemming from President Donald Trump?s tariffs. According to advance estimates from the U.S. Census Bureau, retail and food services sales rose to $734.9 billion in March 2025.
President Donald Trump?s tariff policies, which have sent global markets reeling over the past few weeks, are rooted in his dislike of the U.S. trade deficit. While his wide-ranging tariffs ignited backlash from economists, the underlying concern isn't new.
President Donald Trump?s tariff policies, which have sent global markets reeling over the past few weeks, are rooted in his dislike of the U.S. trade deficit. While his wide-ranging tariffs ignited backlash from economists, the underlying concern isn't new.
In a recent survey conducted?by the Federal Reserve Bank?of New York, U.S. consumers have displayed growing apprehension about a potential increase in unemployment. What Happened: The survey, carried out in March, showed Americans attributing a 44% chance to the country?s unemployment?rate being higher a year?from now.
After reporting better-than-expected first quarter results, Goldman Sachs Group Inc. (GS) highlighted in its earnings call that the bank navigated the market volatility with record equity revenue and warned about ?material risks? to the U.S. and global economies amid the ongoing trade war.
American Economist Jeffrey D. Sachs cautioned that the United States is likely once more steering the global economy toward catastrophe ? signaled by last week?s staggering two-day, $10 trillion market-value drop. What Happened: "If something wipes out $10 trillion of Market CapEx in two days, you're probably on the wrong track.
A potential dovish shift by the Federal Reserve, driven by disinflationary pressures stemming from President Donald Trump's tariff policies, could markedly reshape institutional investor sentiment toward cryptocurrencies in the coming quarters.
BofA Securities analyst Mihir Bhatia upgraded American Express Co (AXP) from Neutral to Buy and lowered the price target from?$325?to?$274 Friday. Bhatia noted the current downtick offers long-term oriented investors an opportunity to buy a high-quality company at a reasonable valuation. To be sure, the macro environment is uncertain and GDP growth is likely slowing.
U.S. stocks traded higher midway through trading, with the Dow Jones index gaining around 300 points on Friday. The Dow traded up 0.78% to 39,903.35 while the NASDAQ gained 1.14% to 16,573.81. The S&P 500 also rose, gaining, 0.92% to 5,316.66. Check This Out: Top 2 Consumer Stocks That May Collapse This Quarter Leading and Lagging SectorsInformation technology shares surged by 1.2% on Friday.
A sharp collapse in consumer confidence is setting off alarms from Main Street, with fresh inflation fears and growing recession risk fanning concerns that the U.S. economy is heading toward a painful stagflationary mix not seen since the early 1980s.
In a CNBC interview Friday, Minneapolis Federal Reserve President Neel Kashkari raised concerns that investor sentiment may be shifting away from the U.S., citing unusual market movements amid ongoing trade tensions. What To Know: Treasury yields have surged while the dollar has weakened?an atypical reaction during geopolitical uncertainty.
Housing inflation is finally showing signs of easing, with the Consumer Price Index for March posting a 4% year-over-year increase in housing costs ? the slowest uptick since November 2021. Yet, buyers still grapple with steep price tags and volatile mortgage rates. Throughout 2024, mortgage rates soared past 8%, but they've since receded to an average of around 6.76%, per recent Bankrate data.
Commerce Secretary Howard Lutnick offered a forceful defense of the Donald Trump administration's tariff policies, emphasizing the United States' role as a key consumer of global goods. What Happened: "We are the world's customer. Lutnick cited a U.S. gross domestic product of $29 trillion, with Americans purportedly spending $20 trillion.
Renowned macroeconomic expert Nouriel Roubini, also referred to as ?Dr. Doom? or ?permabear,? a moniker he earned by correctly predicting the 2008 financial crisis, has a bullish outlook on the U.S. and global economy, defying several Wall Street forecasts in recent weeks.
Despite a surprisingly soft inflation report and President Donald Trump?s temporary trade truce, U.S. Treasury yields rose Thursday, suggesting that bond investors remain skeptical of a near-term Fed pivot and are bracing for prolonged policy uncertainty.
As President Donald Trump initiated a tariff plan that many critics label stagflationary, key figures in the Federal Reserve, including Mary Daly, president of the Federal Reserve Bank of San Francisco, signaled that the central bank might delay further rate cuts.
JPMorgan analyst Jeremy Tonet sees utility companies relatively well-positioned amid concerns that recent tariff hikes could trigger a global recession. What Happened: JPMorgan projects a -0.3% U.S. GDP contraction in 2025.
Shares of the Industrial Select Sector SPDR Fund (XLI) are trading higher by 2.7% to $120.53 during Tuesday?s session, rebounding following recent weakness. The industrial sector?highly sensitive to trade policy and global growth?is among the hardest hit over the past week, with XLI dropping alongside escalating concerns about weakening demand, higher costs and disrupted supply chains.
Bitcoin plunged to as low as $74,804 on Monday, marking its lowest level in months and igniting fresh concern across crypto markets. The sudden drop followed President Donald Trump's sweeping tariff announcement, which has reignited fears of a global recession and triggered a sharp sell-off in risk assets?including cryptocurrencies.
Last week, the price of WTI crude oil recorded its largest weekly loss in two years after President Donald Trump announced a tougher-than-anticipated set of tariffs, prompting swift retaliation from China, the world's largest importer of oil.
Bets on an emergency Federal Reserve rate cut are rising sharply Monday, as mounting fears of a looming U.S. recession and sudden, severe stock market crashes ? already erasing trillions in market value ? prompt speculators to anticipate swift central bank action ahead of scheduled meetings.
An old clip from The Men Who Built America is causing an uproar on social media as financial markets reel from Donald Trump's tariff policies. In the 2012 History Channel mini-series, Trump said, "I find that I do better in bad markets," adding that downturns create the best buying opportunities.
The Donald Trump administration and the Federal Reserve are signaling a lack of relief amid escalating trade tensions and policy uncertainty. What Happened: According to Craig Shapiro from 3-Circle Investments by The Bear Traps Report, the absence of this perceived ?Trump put? or ?Fed put? could trigger a swift and significant market downturn.
The odds of the Federal Reserve implementing an emergency rate cut soared dramatically on the prediction platform Polymarket as stocks and cryptocurrencies tumbled over tariff concerns. What Happened: Bets in favor of the contract titled "Fed emergency rate cut in 2025?" rose from 20% to 36% over the last 24 hours on the Polygon -based platform. Over $149 million has been wagered on the outcome.
President Donald Trump publicly urged the Federal Reserve to cut interest rates, but prediction market data shows that bettors remain skeptical the central bank will act in May. What Happened: According to decentralized forecasting platform Polymarket, 72% of market participants believe the Federal Reserve will hold rates steady at its next meeting on May 7, with only 24% pricing in a 25 basis ...
Federal Reserve Chair Jerome Powell signaled a cautious policy stance on Friday, hinting that slowing economic momentum is not yet enough to ease the Federal Reserve's inflation concerns, as higher tariffs threaten to complicate the path toward price stability.
While the world focused on escalating global trade tensions, the Bureau of Labor Statistics reported Friday that nonfarm payrolls surged by 228,000 in March, far better than economists? forecasts of 135,000.
U.S. stocks traded lower this morning, with the Dow Jones index dipping more than 1,100 points on Friday. The Dow traded down 2.82% to 39,401.43 while the NASDAQ fell 3.59% to 15,955.66. The S&P 500 also fell, dropping, 3.20% to 5,223.96. Check This Out: Top 3 Financial Stocks That May Fall Off A Cliff In April Leading and Lagging SectorsConsumer staples shares fell by just 0.5% on Friday.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
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