Kevin Warsh’s appointment as Fed chair signals potential balance sheet reduction and policy shifts, challenging market expectations of continued easing. Kevin Warsh was sworn in as Federal Reserve chair on Friday, marking the first such ceremony at the White House since 19
Freddie Mac reports a 15-basis-point weekly rise in the benchmark mortgage rate, pressuring homebuyer affordability during peak season. The average 30-year fixed mortgage rate in the US rose to 6.51% this week, up from 6.36% last week, reaching its highest level since Augu
If it seems like everything is expensive these days, it might not be just because of inflation. When tariffs were raised, those costs were either passed onto consumers or companies And now that some of the tariffs from the past year have been deemed unconstituitiona
Diplomats race to secure a temporary nuclear agreement with Iran to prevent imminent US and Israeli military action. Mediators are working urgently to broker a temporary framework agreement with Iran, aiming to prevent potential US and Israeli military strikes within days.
Alcoa (AA) rallied above early buy points Friday after an analyst upgraded the aluminum stock. UBS analyst Daniel Major upgraded Alcoa stock to buy from neutral and raised the price target to 80 from 75 Smelter outages caused by the Middle East conflict will more th
May survey shows sentiment dropped 11% to 44.2 as high prices and $1.3 trillion in credit card debt weigh on households. US consumer sentiment plunged 11% in May to 44.2, the lowest level in the University of Michigan survey’s 75-year history. The decline reflects growing
Former Fed governor Warsh pledges to lead a reform-oriented central bank focused on low inflation and strong growth. President Trump has selected Kevin Warsh as Federal Reserve Chair, tasking him with leading a reform-driven central bank. Warsh emphasized a commitment to l
A court in Kazakhstan has inserted itself into the Russia-Ukraine conflict, ruling in favor of the Ukrainian state gas entity Naftogaz in a $1.4-billion dispute with the Russian energy behemoth Gazprom. The judgment and order issued by the court of Astana International Fin
Ukraine targeted overnight the Yaroslavl oil refinery in Russia, escalating the drone attacks on Russian refining and oil exporting assets, Ukrainian President Volodymyr Zelenskyy said on Friday. “Today, there was a report by Commander-in-Chief of the Armed Forces of Ukraine...</
House Oversight Committee investigates prediction markets The House Oversight Committee has opened an investigation into Polymarket and Kalshi, two major prediction markets, over concerns that government employees may be using insider information to profit from policy and
ادخل بحساب جوجل لمشاركة رأيك والتفاعل مع الأخبار — بلا كلمة مرور.
إيميلك يبقى موثّقاً وخصوصيتك محفوظة.