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- Submitted May 13, 2025|From @financialjuice|19 comments
Trump: Market will go higher. It's gonna go a lot higher. TRUMP: ADDING $1 TRILLION OF INVESTMENT INTO U.S. WITH SAUDI TRIP TRUMP: CONGRESS ON VERGE OF PASSING BIGGEST TAX CUT IN HISTORY Trump: Tax bill would be rocket ship for the US economy.
- Submitted May 13, 2025|From youtube.com/whitehouse
- Submitted May 13, 2025|From think.ing.com
US CPI rose 0.2% month-on-month for both headline and core in April, below the 0.3% readings expected. This means headline inflation is down to 2.3% year-on-year from 2.4%, which is the lowest reading since February 2021, while core - ex food and ...
- Submitted May 13, 2025|From whitehouse.gov|3 comments
Today in Saudi Arabia, President Donald J. Trump announced Saudi Arabia’s $600-billion commitment to invest in the United States, building economic ties that will endure for generations to come. The first deals under the announcement strengthen our ...
- Submitted May 13, 2025|From brecorder.com
Copper prices rose on Tuesday after the United States said it would cut some tariffs on imports from China, where inventories have dropped significantly, though gains were capped by market caution. Benchmark copper on the London Metal Exchange was ...
- Submitted May 13, 2025|From thearmchairtrader.com
Bitcoin closed last week at approximately $104,128, marking a 10.5% increase from the prior week’s close of around $94,280. There was strong demand for BTC and the broader digital assets market throughout the week, with Thursday standing out as the ...
- Submitted May 13, 2025|From financemagnates.com|2 comments
When FundedNext’s CEO, Abdullah Jayed, first set out to build a truly trader-centric brokerage, few could have predicted the speed with which its latest offshoot—FNmarkets—would take shape. Officially launching this month, FNmarkets is set to ...
- Submitted May 13, 2025|From channelnewsasia.com
Robinhood said on Tuesday it will buy Canadian crypto firm WonderFi for C$250 million ($178.98 million), as the popular commission-free brokerage looks to expand its international footprint. The all-cash deal values WonderFi at 36 Canadian cents per ...
- Submitted May 13, 2025|From nypost.com
The White House may be courting controversy with President Trump’s plans to accept a luxury jumbo jet from the Qatari government, worth $400 million, as the potential new Air Force One — but his administration wouldn’t be the first to welcome lavish ...
- Submitted May 13, 2025|From conference-board.org|1 comment
The Leading Economic Index (LEI) provides an early indication of significant turning points in the business cycle and where the economy is heading in the near term. The Coincident Economic Index (CEI) provides an indication of the current state of ...
- Submitted May 13, 2025|From zawya.com|3 comments
Bank of England Chief Economist Huw Pill said on Tuesday that he was worried that inflation in Britain could prove stronger than expected by the central bank and interest rates might need to stay higher than investors are thinking. Pill said ...
- Submitted May 13, 2025|From bls.gov|27 comments
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.2 percent on a seasonally adjusted basis in April, after falling 0.1 percent in March, the U.S. Bureau of Labor Statistics reported today. Over the last 12 months, the all items ...
- Submitted May 13, 2025|From apnews.com|1 comment
Inflation may have picked up slightly last month as President Donald Trump’s widespread tariffs kicked in, a trend economists expect will become more visible in the coming months. Consumer prices are forecast to have risen 2.4% in April compared ...
- Submitted May 13, 2025|From disciplinefunds.com|2 comments
Here are some things I think I am thinking about this week: 1) The China Deal is Actually a Big Deal The White House announced the framework for a trade deal with China where the effective tariff rate with China will drop to 30%. Trump had mentioned ...
- Submitted May 13, 2025|From apnews.com
The quickest way to separate gold from rock, Sadio Camara says, is with a drop of mercury. She empties a dime-sized packet of the silvery liquid into a plastic bucket of muddy sediment outside her home in southeastern Senegal. With bare hands and no ...
- Submitted May 13, 2025|From pymnts.com
In today’s operating environment, adaptability is more than a competitive edge. It can mean the difference between survival and insolvency. Bakkt Holdings, Inc., a once-diversified digital asset platform, is living that adage out in real time. The ...
- Submitted May 13, 2025|From nfib.com
The Small Business Optimism Index fell by 1.6 points in April to 95.8, the second consecutive month below the 51-year average of 98. Of the 10 Optimism Index components, three increased, six decreased, and one was unchanged. Expected business ...
- Submitted May 13, 2025|From nbcnews.com|8 comments
The inflation surge that dogged consumers over the last three years has abated. But new consumer-price data from the Bureau of Labor Statistics (BLS) is likely to negate President Donald Trump’s ongoing assertion that there is “no inflation” in the ...
- Submitted May 13, 2025|From brecorder.com
Copper prices faltered on Tuesday, with the most-traded contract on the Shanghai Futures Exchange (SHFE) edging lower, as lingering caution tempered relief from a US-China tariff truce. The SHFE contract was down 0.3% at 77,790 yuan ($10,818.89) per ...
- Submitted May 13, 2025|From dailyforex.com
The Australian dollar dropped even after the US and China made some progress on the ongoing trade conflict. The AUD/USD exchange rate dropped to 0.6367 on Tuesday morning, down from last month’s high of 0.6515. There are signs that the US dollar has ...