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Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets
Business and Economy

Gold erases yearly gains as robust US jobs data fuels Fed rate hike bets

Gold just gave back everything it earned this year in a single session. Spot prices dropped as much as 3.6% on June 5, sliding to

US Stock Market: Fed may need tighter policy as inflation risks persist
Business and Economy

US Stock Market: Fed may need tighter policy as inflation risks persist

Dallas Federal Reserve President Lorie Logan has indicated that U.S. monetary policy may not be restrictive enough to bring inflation fully back to the Federal

Fed Beige Book Says US Economy, Prices Rose as Energy Inflation Spread
Business and Economy

Fed Beige Book Says US Economy, Prices Rose as Energy Inflation Spread

Forecast Trend Report by Period See more mid- to long-term trend analysis The Federal Reserve said the US economy continued to grow at a modest

Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks | Business and Economy
Business and Economy

Ex-US Fed Chair Powell warns against politicisation amid Trump’s attacks | Business and Economy

Jerome Powell says the US central bank is undergoing a ‘stress test’ like other institutions in the current era. Published On 1 Jun 20261 Jun

Warsh Takes Fed Helm, Markets Eye Rate Path
Business and Economy

Warsh Takes Fed Helm, Markets Eye Rate Path

Gotrade News – Kevin Warsh was sworn in as Federal Reserve Chairman on May 22, replacing Jerome Powell. Markets are now repricing the rate path

Stock futures climb as jobs data impacts Fed rate expectations
Business and Economy

Stock futures climb as jobs data impacts Fed rate expectations

US stock futures increased Thursday as investors anticipated upcoming earnings reports and an inflation update. This follows a stronger-than-expected January jobs report. Dow Jones Industrial

Leavitt criticizes Tillis over blocked Fed nominee amid Powell inquiry
Business and Economy

Leavitt criticizes Tillis over blocked Fed nominee amid Powell inquiry

White House press secretary Karoline Leavitt has accused Senator Thom Tillis of North Carolina of obstructing the confirmation of President Donald Trump’s nominee to chair

Australian Dollar Weakens Amid Rising US Dollar Before Fed Decision
Business and Economy

Australian Dollar Weakens Amid Rising US Dollar Before Fed Decision

The Australian Dollar (AUD) decreased against the US Dollar (USD) on Wednesday, following gains in the previous session. This movement occurred after the release of