by Bryant Lum | Feb 12, 2025 | Domestic, Economics, Market News, Stock Market
On Wednesday, major U.S. markets found themselves teetering on the line between gains and losses as investors digested the latest economic signals from the Federal Reserve. The uncertainty stemmed largely from a significant shift in the market’s expectations...
by Elvis Guaman | Jan 29, 2025 | Domestic, Economics
The Federal Reserve is widely expected to hold interest rates steady at its upcoming FOMC meeting, following a series of three consecutive rate cuts at the end of 2024. Central bank officials are signaling that the current policy stance is appropriate for now, as they...
by Elvis Guaman | Jan 8, 2025 | Economics, Investing News, Market News, Stock Market
U.S. markets opened on Wednesday in the red as investors reacted to a new economic proposal from President-elect Donald Trump. Reports emerged that Trump might declare a “national economic emergency” to enable a more aggressive approach to import tariffs....
by Ming Mui | Jan 6, 2025 | Domestic, Economics, Politics
Michael Barr announced he would step down as the Federal Reserve’s head of banking supervision, citing potential conflicts with former President Donald Trump as a key reason for his decision. Barr, who has held the position since 2022, expressed concern that any...
by Elvis Guaman | Oct 23, 2024 | Investing News, Market News, Stock Market
The Dow Jones Industrial Average is facing a significant downturn, on pace for its worst day in more than a month. In a sharp decline Wednesday afternoon, the index dropped 631 points, or 1.4%, as investors reacted to rising yields on U.S. Treasury notes and mixed...
