Wall Street stocks tumbled on Wednesday as renewed fears over the tech sector triggered a broad market sell-off. The Nasdaq Composite, packed with tech giants, plunged over 2%, while the S&P 500 and Dow Jones…
White House: October Jobs and Inflation Data May Be Lost Forever Amid Shutdown The U.S. government shutdown has reached a critical juncture, with the White House cautioning that pivotal economic reports—including October’s jobs data and…
The US stock market tumbled on Wednesday as renewed tech sector anxieties triggered a broad selloff. The Nasdaq Composite sank nearly 2%, while the S&P 500 and Dow Jones Industrial Average also closed lower. Lingering…
Federal Reserve Allegedly Pumped $29.4B into US Banking System – But That’s Not the Full Story Recent reports reveal the Federal Reserve injected $29.4 billion into the US banking system, but financial experts warn the…
Fed Lowers Rates Amid Internal Divisions, Halts Quantitative Tightening In a decision highlighting growing economic risks, the Federal Reserve cut interest rates by 25 basis points (bps) on Wednesday—its first reduction since the pandemic. The…
The U.S. Federal Reserve delivered a pivotal policy shift, cutting interest rates by a quarter point and signaling an imminent end to its quantitative tightening (QT) program. The move, announced after the June 2024 FOMC…
Fed Lowers Rates Amid Economic Uncertainty The U.S. Federal Reserve cut interest rates for the second time this year, reducing the benchmark federal funds rate by 25 basis points to a range of 1.75%–2%. The…
Federal Reserve Lowers Rates Amid Economic Uncertainty In a pivotal shift, the Federal Reserve announced an interest rate cut today, responding to concerning signs of a softening US labor market. The 25-basis-point reduction brings the…
