Crude oil prices edge higher after four-day losing streak – CNBC
Crude oil futures rose slightly on Thursday after a fourth straight day of declines, as concerns about supply disruptions in the Middle East receded and a glut looms in the market next year. While Israel has so far refrained from retaliating against Iran, the situation “could change in an instant,” said Aditya Saraswat, director of […]
Consumers see debt delinquency risk rising, higher long-term inflation: NY Fed
Capitalist Pig hedge fund manager Jonathan Honig reflects on the market rebound, concerns for ordinary Americans amid inflation, and his stock picks. Last month, U.S. consumers' expectations about the risk of debt default rose to the highest level in more than four years, while concerns about higher inflation over the long term also grew, according […]
Economists expect higher inflation, deficits, interest rates under Trump than Harris: Poll
Economists predict that policies proposed by former President Donald Trump would result in higher inflation, national deficits and interest rates than those proposed by Vice President Harris, a new study shows. Ta. wall street journal find. A new poll conducted from October 4th to 8th found that 68% of respondents believe inflation will rise faster […]
Asia-Pacific markets mostly higher after Wall Street declines; investors assess BOK rate decision – CNBC
A Bank of Korea sign is displayed on top of the central bank's headquarters building in Seoul, South Korea, on Thursday, August 16, 2018. South Korea's central bank raised interest rates in its second consecutive meeting on Thursday to combat consumer inflation falling from 13%. The company further raised its forecast that prices will rise […]
Mortgage rates surge higher, further hurting demand
“Global Mansions” host and real estate expert Katrina Campins offers her best tips for strengthening your housing portfolio and weighs the impact on the market under a future Trump or Harris administration. Mortgage rates rose significantly this week, and demand fell for the second week in a row. Freddie Mac's latest Primary Mortgage Market Study, […]
Jobless Claims Higher Than Expected
The Pro-Trump News homepage sees 60 new headlines every 24 hours. Click here to take a look. Unemployment claims rose by 33,000 last week. The total number of applications was 258,000, with 230,000 expected. Breitbart reported: The number of Americans applying for unemployment benefits rose significantly last week, with claims increasing by 33,000 to 258,000 […]
Inflation rose 2.4% last month — higher than expected
Inflation was higher than expected last month, dampening hopes for another big rate cut by the Federal Reserve next month. The Consumer Price Index rose 2.4% in September from a year earlier, slightly ahead of economists' expectations for a 2.3% rise, the Labor Department said Thursday. Month-on-month, the CPI rose by 0.2%, which was significantly […]
Stock market today: Wall Street points higher even as China holds off on major spending initiatives – Yahoo Finance
Wall Street rose early Tuesday even as Hong Kong's Hang Seng fell more than 9% following Beijing's decline. refrained from major spending initiatives As China's economy slows down. S&P 500 futures rose 0.4% before the bell, and Dow Jones Industrial Average futures rose 0.2%. Stocks tumbled Monday as bond yields rose, but stabilized early Tuesday, […]
EUR/USD drifts higher above 1.0950 ahead of German Industrial Production – FXStreet
Early in Tuesday's European session, EUR/USD held steady around 1.0985. ECB policymakers continue to prepare for an accommodative policy stance. Traders have withdrawn their bets that the Fed will cut rates aggressively at its November meeting. EUR/USD extended its recovery to around 1.0985 in early European trading on Tuesday. Major currency pairs are rising while […]
Harris says wealthy Americans, corporations will pay higher taxes to fund economic plan
Vice President Kamala Harris said in a new interview that she plans to raise taxes on the wealthy and big corporations as part of her economic plan if elected in November. Since becoming the official Democratic presidential nominee, Harris has said: $25,000 housing grant for first-generation homebuyers; Provides $100 billion in tax credits for manufacturing […]