Fed Expected to Hold Rates Steady Despite Positive April Inflation and Tariff Risks
Despite a widely anticipated moderation in inflation in April, the U.S. Federal Reserve is poised to maintain its current interest rate levels, as policymakers continue to weigh the looming impact…
Tesla Stock Ends Week Higher Amid Musk Drug Allegations and Washington Exit
Tesla Inc. (TSLA) managed to notch a weekly gain even as its CEO, Elon Musk, faced intense scrutiny and controversy during his final days in Washington, D.C., where he concluded…
Elon Musk Sets New DOGE Savings Target Amid Departure
Elon Musk, concluding his formal tenure as head of the Department of Government Efficiency (DOGE), revised his savings projections once again, emphasizing that the targeted reductions in government waste and…
US Treasuries Log First 2025 Loss on Deficit and Tariff Worries
U.S. Treasuries ended May on a sour note, delivering their first monthly loss of 2025, as investors grappled with growing fiscal concerns, unpredictable trade policy shifts, and rising long-term yields.…
S&P 500 Sees Best May Since 1990 on Tariff Hopes, Cooling Inflation
The U.S. stock market wrapped up a turbulent but exceptionally strong May, with the S&P 500 delivering its best monthly performance in over three decades. Despite trade war jitters and…
Is US GDP Growth Set to Hit Historic 9%? Trump vs. Economists
President Donald Trump has publicly challenged the Congressional Budget Office’s (CBO) projection of 1.8% annual economic growth over the next decade, boldly predicting that the U.S. economy could grow at…
U.S. SEC Proposes Flat FY26 Budget with Staff Cuts Amid Workforce Reductions
The U.S. Securities and Exchange Commission (SEC) has submitted a budget request for the 2026 fiscal year seeking to maintain its funding at the current level of $2.15 billion while…
Jamie Dimon Warns of Imminent U.S. Bond Market ‘Crack’ Amid Fiscal Concerns
Jamie Dimon, CEO of JPMorgan Chase & Co., reiterated his warning that a significant disruption—or “crack”—in the U.S. Treasury bond market is inevitable due to excessive government spending and aggressive…
Trump to Double Steel Tariffs to 50% from June 4, Supports Nippon-US Steel Deal
In a dramatic move to bolster domestic steel manufacturing and reignite nationalist economic policy, President Donald Trump announced a doubling of U.S. tariffs on imported steel, raising duties from 25%…
Trump-Putin Signal Trade Reset, But US-Russia Tensions Persist
Despite optimistic signals from Donald Trump and Vladimir Putin about reviving U.S.-Russia trade ties, the reality for American businesses remains grim. Following Russia’s 2022 invasion of Ukraine, hundreds of foreign…
