Much of the recent movement in rates can be tied to the Trump administration’s political machinations at the Federal Reserve. The president has continued to point fingers at Fed Chair Jerome Powell for failing to lower rates more quickly, even as inflation nears the Fed’s goal of 2% per year and unemployment remains relatively low
WASHINGTON (TNND) — An asset management firm’s chief economist suggested the possibility this past weekend the Trump administration outsmarted the public with its tariffs. Torsten Slok, chief economist and partner at Apollo Global Management, wrote in a blog post that one of the administration’s possible trade strategies could increase U.S. tax revenue while pleasing the
How fentanyl reaches the US and the role of Trump’s China tariffs US President Donald Trump has imposed new tariffs on Chinese goods, citing Beijing’s failure to stop the export of chemicals used to produce fentanyl. unbranded – Newsworthy U.S. stocks opened barely higher as investors continue to wait for news from the second day
President Trump announced Friday that he would double tariffs on imported steel to 50% following a pair of court rulings that left many of his signature duties in limbo. “At 25%, they can sort of get over that fence. At 50%, they can no longer get over the fence,” Trump told US Steel employees at
Wall Street is keeping a close eye on the bond market after long-term Treasury yields spiked last week as investors reassessed the US fiscal outlook in light of President Trump’s proposed tax legislation. The 30-year Treasury yield (^TYX) surged as high as 5.15% last week, hovering near its highest level since 2007. Yields pulled back
Markets hate volatility. Since President Donald Trump regained power, the country has seen a ton of it. Commercial real estate finance professionals holding out hope for a semblance of stability to push the Federal Reserve to lower interest rates could be disappointed as tariffs make a near-term rate drop less and less likely, CRE Finance Council President and CEO Lisa Pendergast said. What’s
In April, the total number of single-family homes that started construction was down 12% from a year ago, according to the most recent reading from the Census Bureau. But if you look a few columns over, you’ll see the number of buildings with five units or more — think: apartment buildings —was up nearly 29%
The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because
The head of the EU executive also said the Commission would look to lower the oil price cap, a limit on the sales price for Russian crude oil which is decided at G7 level. Targeting Russia’s energy and banking sectors would have a “real impact” on the Kremlin, but doing so would be tricky because
Dominic Basulto | The Motley Fool Trump’s cryptocurrency sees 70% value jump after VIP dinner offer The value of Trump’s meme coin has seen a huge value increase as he prepares to host two special events for its top investors. Crypto trading platform Coinbase revealed that ‘$Trump’ soared after he announced that 220 of its biggest