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Trade Deals Fuel Wall Street Gains, Trump Renews Fed Attack: This Week In Markets
2025 Jul 25, 4:04pm | 570Read More...Wall Street closed the week higher, with tech-heavy indices notching fresh records as upbeat corporate earnings, resilient macro data and breakthrough trade deals converged to boost risk appetite. SPY ETF has rallied 5% over the past month. See the chart here. The U.S. finalized new trade...
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US Stocks Hit New Highs As Magnificent Seven Reach $19 Trillion: What's Moving Markets Friday?
2025 Jul 25, 1:33pm | 1232Read More...Wall Street looked set to close the week on a high note, with large-cap benchmarks pushing higher in Friday's midday trading as optimism over corporate earnings and progress on global trade talks provided support for risk assets. The S&P 500 climbed 0.4% to 6,390, marking a fresh all-time high...
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Trump's Rare Fed Visit Sparks Talks Of A $7 Trillion Problem
2025 Jul 25, 10:34am | 855Read More...President Donald Trump showed up at the Federal Reserve on Thursday to tour its renovation — but the symbolism of the visit revealed something far more urgent: America's spiraling $7.1 trillion deficit and the rising risk it places on markets and monetary policy. TLT ETF is down 2.5% this month:...
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Trump Says Not 'Necessary' To Fire Jerome Powell — But Presses Fed Chair On Rate Cuts And $2.5 Billion Renovation: 'I'd Love Him To Lower Interest Rates'
2025 Jul 24, 10:26pm | 637Read More...In a rare Presidential visit to the Federal Reserve headquarters, President Donald Trump publicly pressed Fed Chair Jerome Powell to deliver sharp interest rate cuts while criticizing the central bank's $2.5 billion renovation project. What Happened: On Thursday, Trump once again pushed for a rate...
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Trump, Powell Clash Over $3 Billion Federal Reserve Renovations In Front Of Reporters
2025 Jul 24, 8:15pm | 562Read More...President Donald Trump and Federal Reserve Chairman Jerome Powell had a public disagreement over the escalating price tag for renovation work at the Federal Reserve's headquarters on Thursday. The rare visit to the Fed occurred as Trump increased his public pressure on Powell to decrease...
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Trump To Visit Federal Reserve In First Presidential Trip In 20 Years, Raising Stakes For Jerome Powell
2025 Jul 24, 4:12am | 589Read More...President Donald Trump is set to visit the Federal Reserve on Thursday, as per the White House. This visit is seen as a direct escalation of Trump’s ongoing pressure on the Fed and its Chairman, Jerome Powell. What Happened: The White House announced on Wednesday that...
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Federal Reserve Rates 'Justified' Despite Being Highest Among G-10 Peers, Says LPL Economist As Trump Pressures Jerome Powell To Exit
2025 Jul 23, 8:26am | 851Read More...Despite holding the highest policy rate among G-10 nations, Jeffrey Roach, the Chief Economist at LPL Financial, emphasizes that while the administration’s lobbying for lower rates is not new, the Federal Reserve‘s independence in pursuing its mandate remains paramount. What Happened:...
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Polymarket Crypto Bettors See 50% Chance Of Fed Rate Cut In September Meet Amid Escalating Trump-Jerome Powell Clash
2025 Jul 23, 5:36am | 460Read More...Cryptocurrency bettors are pricing in a 50% chance that the Federal Reserve will enact the first interest rate cut of 2025 during the upcoming September meeting. What happened: On the prediction platform Polymarket, the likelihood of a 25 basis-point cut was 50%, while the odds that rates would...
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Momo Crowd Behavior Triggers A Yellow Flag For Stock Market, Tariffs Cost GM $1.1B
2025 Jul 22, 1:01pm | 1291Read More...To gain an edge, this is what you need to know today. Caution For The Stock Market Please click here for a chart of Opendoor Technologies Inc (NASDAQ:OPEN). Note the following: This article is about the big picture, not an individual stock. The chart of OPEN stock is being used to...
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El-Erian Says Powell Should Resign—To Save The Fed Itself
2025 Jul 22, 11:31am | 825Read More...Escalating political attacks on the Federal Reserve have prompted economist Mohamed El-Erian to say Fed Chair Jerome Powell should resign—not for missteps, but to actually protect the central bank's independence. "If Chair Powell's objective is to safeguard the Fed's operational autonomy (which I...
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Mohamed El-Erian Says Jerome Powell 'Should Resign' To Protect Fed's Independence As Trump Escalates Attacks Over 'Mission Creep'
2025 Jul 22, 8:45am | 630Read More...Noted economist Mohamed El-Erian suggested that Chairman Jerome Powell‘s resignation could be a strategic move to maintain the operational autonomy of the Federal Reserve. What Happened: El-Erian took to X to state that the recent criticism from the U.S. government regarding the Federal...
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Obama-Era Economic Advisor Warns Ending Fed Independence Could Lead to 'Higher' Mortgage Rates: How High? — 'That Depends On...'
2025 Jul 21, 11:57pm | 515Read More...University of Michigan economist and former Obama White House advisor Betsey Stevenson issued a stark warning about the consequences of ending the Federal Reserve's independence. What Happened: On Monday, in a post on X, Stevenson suggested that mortgage rates could rise significantly if the...
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Ex-Trump Advisor Judy Shelton Slams Federal Reserve's $900 Billion Losses, Says 'Violates The Norms' To Have A Fed Chair Who Can't Be Fired
2025 Jul 21, 10:15pm | 551Read More...Economist Judy Shelton, a former advisor to President Donald Trump during his first term and senior fellow at the Independent Institute, delivered a sweeping critique of the Federal Reserve on Monday. What Happened: Aligning herself with the former Fed Governor Kevin Warsh's call for “...
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Earnings Season Looms Over Inflation Data, Tariff Impact
2025 Jul 21, 9:25am | 1025Read More...Last week’s news brought more inflation as year-over-year prices accelerated in Canada, the US, and the UK. In the US, core inflation (excluding volatile food and energy prices) increased by 0.2% on a monthly basis and at an annual rate of 2.9%, in line with estimates. The report was a mixed...
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Gold Purchases By Central Banks May Be Twice As High As Reported — Analyst Says They're Buying Outside Traditional Markets
2025 Jul 21, 4:49am | 589Read More...Central banks are quietly ramping up gold purchases outside traditional financial markets, according to Lobo Tiggre, the Principal Analyst at Louis James. What Happened: Speaking to Kitco News on Saturday, Tiggre warned that the scale of new gold acquisitions by central banks were significantly...
