Deutsche Bank warns Trump tariffs could stop Jerome Powell from cutting Fed rates at all next year
Trump tariffs could prove to be the pin that pops the bubble on Fed cuts next year.
Trump tariffs could prove to be the pin that pops the bubble on Fed cuts next year.
In the 12 months through October, the PCE price index increased 2.3 after advancing 2.1% in September. Excluding the volatile food and energy components, the PCE price index rose 0.3%, after a similar increase in September. In the 12 months through October, core inflation increased 2.8% after climbing 2.7% in September.
Economic uncertainties could propel bitcoin to unprecedented highs—or trigger a significant correction.
Unless you've been living under a rock, you've likely seen Bitcoin (CRYPTO: BTC) skyrocket over the past few weeks. Is Bitcoin's inability to breach $100,000 a red flag, or is this a golden opportunity to buy? Let's explore why Bitcoin stumbled at this milestone, what lies ahead, and whether it's still worth adding to your portfolio.
Key support levels and market sentiment drive Bitcoin’s turbulent journey toward the $100,000 milestone.
The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending. Slight downward revisions to consumer spending, government outlays and exports, were offset by upgrades to private inventory accumulation, business investment as well as state and local government spending. Consumer spending, which accounts for more than two-thirds of economic activity, grew at a still-brisk 3.5% pace.
Google has announced it's making more changes to how it displays search results in the European Union in response to continued complaints that it's failing to comply with the bloc's Digital Markets Act (DMA). This will include what it bills as a “short test” of plain “blue link” style search results for hotel queries in three EU markets (Belgium, Estonia, and Germany), which will be akin -- the company suggests -- to how its search engine originally displayed results. The EU's flagship market co
The S&P 500 is on track to hit 6,600 by the end of next year, Wells Fargo's Scott Wren said.
(Bloomberg) -- Sanrio Co. shares tumbled the most since May 2014 after the brand owner of Hello Kitty said holders including its president will sell shares in the open market.Most Read from BloombergNew York City’s ‘Living Breakwaters’ Brace for Stormier SeasIn Italy’s Motor City, Car-Free Options Are GrowingIn Kansas City, a First-Ever Stadium Designed for Women’s Sports Takes the FieldNYC Gets Historic Push for 80,000 Homes With $5 Billion PledgeThe Tokyo-based company sank as much as 17% in e
While the reaction in US stocks was muted, global equities were rattled. Markets are wondering if Trump's threats are mainly a negotiating tactic.