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.
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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