The Federal Reserve is widely expected to keep interest rates steady at 4.25%-4.50% on Wednesday, but for Wall Street, the stakes couldn't be higher. After a brutal tech selloff erased trillions in market value on Monday and President Donald Trump ramped up pressure for immediate rate cuts last week,
Buried in a rote US Treasury survey released on the eve of the latest holiday weekend was a question that all of Wall Street wants the answer to: What’s the Federal Reserve’s plan once it’s done drawing down its crisis-era bond holdings?
Respondents dialed back their expectations for interest rate cuts but still believe the central bank will ease this year.
With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the government’s most influential banking regulator.
Nvidia Corp., the poster child of the AI frenzy, sank 17 per cent and headed toward the biggest market-cap loss for a single stock in market history. The AI leader wiped of $500 billion of its market value and shed 21 per cent off its stock price in two days.
Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium
The S&P 500 dropped 1.7 per cent, and the Nasdaq 100 slipped 3.1 per cent. With big tech stocks crashing, US stocks were set for their worst day since the last US Federal Reserve policy verdict roiled
Emboldened by a friendlier incoming Trump administration and their success last year in weakening draft capital hikes, big U.S. banks plan to push to overhaul other U.S. capital rules, according to industry executives.
Wall Street’s main indexes closed higher on Tuesday, with the S&P 500 and the Dow hitting their highest in more than a month, as investors assessed Donald Trump’s first actions as president and breathed relief that he did not start his second term with blanket tariff increases.
Here are our top real estate investment trust (REIT) ideas for 2025. They pay among the highest yields and offer solid growth potential.
US equities were poised to end the first week of Donald Trump’s second term higher, checked by the outlook for rates and earnings.