In July, inflation increased as projected, primarily due to elevated housing-related expenses, as per...
Investors Banking on 60% Odds of Fed Emergency Rate Cut as Stock Market Plummets
Investors are now looking ahead to a policy rate cut in an emergency meeting...
Global Stock Sell-Off Intensifies Amid Concerns Over Weaker U.S. Jobs Data
As a global stock sell-off continued on Monday, investors sought refuge in safe-haven assets...
Goldman Sachs Raises US Recession Odds to 25% Amid Weakening Jobs Data
Economists at Goldman Sachs have revised their forecast, indicating a higher likelihood of the...
US Considers Ban on Chinese Software in Autonomous Vehicles Over Security Concerns
According to Reuters, the United States is considering proposing a ban on Chinese software...
Fed’s Powell Signals for Rate Cut in September amid Falling Inflation
The summary of the FOMC meeting on July 31, 2024, led by Fed Chair...