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 Lucas Shum | Feb 10, 2025 | Domestic, Economics, Politics, Stock Market
In the latest twist of President Donald Trump’s trade policy, the announcement that he intends to impose a 25% tariff on steel and aluminum imports has led to a surge in U.S. steelmaker stocks. The move, which is intended to protect U.S. manufacturing industries,...
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 Andy Liao | Jan 9, 2025 | Blockchain, Cryptocurrency, Investing News, Market News, Stock Market
Bitcoin (BTC-USD) continued its downward trajectory on Thursday, touching its lowest levels since November, trading as low as $92,500. The decline marks a stark contrast to the cryptocurrency’s meteoric rise in the weeks following President-elect Donald Trump’s...
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....