This week’s main economic event comes on Friday when the U.S. government releases employment data for May. Ahead of that though, were …
cut
-
-
Regulation
Sam Bankman-Fried’s Prison Sentence Could be Cut by Over 4 Years: Business Insider
by shayaanby shayaanSam Bankman-Fried, the founder and former CEO of the defunct crypto exchange FTX, could be released from prison in December 2044, more …
-
Regulation
Billionaire Ray Dalio Says Fed Shouldn’t Cut Rates Yet, Warns Against Aggressive Easing of Monetary Policy for Bond Market
by shayaanby shayaanBillionaire investor and founder of hedge fund Bridgewater Associates, Ray Dalio, thinks it is not yet time for the Federal Reserve to …
-
Regulation
‘Very Resilient’ US Economy Among Three Reasons Fed Won’t Cut Interest Rates in 2025: Yardeni Research
by shayaanby shayaanThe president of sell-side Wall Street firm Yardeni Research, Ed Yardeni, believes that the Federal Reserve will stay the course and hold …
-
Finance
Donald Trump Again Calls on Fed Chair Jerome Powell for an Immediate Interest Rate Cut – “Everyone Wants It”
by shayaanby shayaanIn his latest statements, US President Donald Trump argued that there is a broad consensus that the Fed should cut interest rates. …
-
Mining
Bitfarms Halts Argentina Bitcoin Mining After Power Cut, 13% of Capacity Goes Offline
by shayaanby shayaanBitfarms, one of the largest publicly traded Bitcoin mining companies, has suspended all operations at its mining facility in Argentina. The shutdown …
-
In a big development for global markets, China has announced it will lower tariffs on U.S. goods from 125% to 10%, while …
-
Regulation
‘Bond King’ Jeffrey Gundlach Names One Catalyst That Could Trigger a Fed Interest Rate Cut This Year
by shayaanby shayaanBillionaire “Bond King” Jeffrey Gundlach says the US will likely witness one crisis this year that would force the Fed to resume …
-
The Federal Reserve may not cut interest rates any time soon, but when it does, the easing could be aggressive, according to …
-
Regulation
President Trump Slams Fed Chair Jerome Powell After Fed Rejects Rate Cut
by shayaanby shayaanPresident Donald Trump is continuing his broadside against Jerome Powell, criticizing the Federal Reserve chair for not slashing interest rates. On Thursday, …