Gold Prices Surge to Record Highs as Dollar Weakens
Gold prices reached record highs on September 29, 2023, driven by a weakening dollar and rising expectations of US interest rate cuts before the end of the year. This surge…
Wall Street Faces Third Consecutive Loss as Economic Data Pressures Markets
Wall Street experienced its longest losing streak in over a month, with major U.S. stock indexes recording declines for the third consecutive day. On March 14, 2024, the S&P 500…
U.S. 30-Year Mortgage Rate Rises to 6.3% After Four-Week Decline
The average rate on a 30-year mortgage in the United States increased this week, concluding a four-week decline that had brought borrowing costs to their lowest point in nearly a…
Federal Reserve Cuts Rates: What Savers Need to Know Now
The Federal Reserve has made a significant move by reducing the federal funds rate by 0.25 percentage points, establishing a new target range of 4.00% to 4.25%. This decision, anticipated…
Al Dhabi Capital’s Rashmi Garg Discusses Global Interest Rates
Rashmi Garg, Chief Investment Officer at Al Dhabi Capital, recently shared her insights on the current state of global interest rates during a live broadcast. The discussion, which took place…
Trump Appeals to Supreme Court to Block Reinstatement of Cook
President Donald Trump has formally requested the Supreme Court to intervene and block a lower court’s order that reinstated Lisa Cook as a member of the Federal Reserve. Trump removed…
Trump Seeks Supreme Court Order to Oust Fed Governor Lisa Cook
URGENT UPDATE: The Trump administration has just announced a bold move, requesting an emergency order from the Supreme Court to remove Lisa Cook from the Federal Reserve board of governors.…
Rates Drop! $100K HELOC Monthly Costs Plunge After Fed Cuts
BREAKING: The Federal Reserve has just announced a significant 25 basis point rate cut, marking the first reduction of 2025. This move is expected to provide immediate relief for millions…
Federal Court Blocks Trump’s Attempt to Fire Fed Governor Ahead of Key Rate Meeting
URGENT UPDATE: A federal appeals court has just BLOCKED President Donald Trump’s emergency attempt to fire Federal Reserve Governor Lisa Cook, crucially ahead of a significant two-day meeting on interest…
Senate Confirms Stephen Miran as Fed Governor in 48-47 Vote
UPDATE: The Senate has just confirmed Stephen Miran as a Federal Reserve governor in a highly contentious 48-47 vote, marking a pivotal moment in the ongoing political maneuvering surrounding the…