Circle and Coinbase drop as regulators seek to prohibit interest on stablecoins
Stablecoin Issuer Circle’s Shares Drop Amid Regulatory Concerns Shares of Circle, the company behind the stablecoin known as USDC, took a significant hit on Tuesday. This was primarily due to worries stemming from a draft of the US stablecoin bill that discusses potential limits on yields. During early trading, Circle’s stock experienced a sharp decline […]
Bank of England maintains interest rates and suggests future increases as Iran conflict impacts inflation expectations
Bank of England Holds Interest Rates Steady LONDON (AP) — On Thursday, the Bank of England opted to maintain its key interest rate at 3.75% amid rising oil and gas prices, signaling some renewed worries about inflation. This move came after significant geopolitical tensions, particularly following the United States and Israel’s recent military actions in […]
Looking to take advantage of new tax deductions for tips, overtime, seniors, or car loan interest? Pay attention to the details.
New Tax Breaks and Deductions: What to Know There are new tax breaks being announced, focusing on areas like tips, overtime pay, senior deductions, and even interest on car loans. Many people filing income taxes are anticipating larger refunds or reduced tax liabilities this year. However, while this may hold true for some, others might […]
Five Mining Stocks Are Falling Due to Concerns That the Federal Reserve Might Postpone Interest Rate Cuts
With inflation still high and oil prices rising due to the ongoing conflict with Iran, the Federal Reserve decided to keep its benchmark interest rate steady during its March 18 meeting. This suggests that any potential rate cuts might be postponed until 2027. It’s not just the economy; metal and mining stocks are feeling the […]
Bitcoin Lags Behind Money Supply Increase as Energy Expenses and Interest Rates Impact
Simply put Bitcoin has notably diverged from the global M2 money supply growth, with some models indicating a fair value around $136,000, while it’s currently trading near $70,000. Analysts indicate that, even though the money supply is increasing, the stringent monetary policy in the United States is restricting how much liquidity can flow into riskier […]
Steps to take advantage of the new car loan interest deduction for your 2025 taxes
Ed Yardeni, president of Yardeni Research, discusses the future of tax refunds and the concept of “making money.” This tax season, a new tax reduction is available for individuals taking out auto loans on specific vehicles. Last year, Republicans pushed the One Big Beautiful Bill Act (OBBBA) through Congress using the reconciliation process, and the […]
This tax season introduces a new deduction for interest paid on car loans.
This tax season introduces a new deduction that might catch some people’s attention. Starting in 2025, those purchasing a new car could deduct the interest on their auto loans in certain situations. It’s, um, interesting for many buyers, I think. The creation of this credit comes from the One Big Beautiful Bill Act, which also […]
Federal Reserve keeps interest rates unchanged for the second consecutive meeting
Federal Reserve Keeps Interest Rates Steady Amid Economic Uncertainty On Wednesday, Federal Reserve Chairman Jerome Powell announced that interest rates would remain unchanged for the second consecutive meeting. This decision follows three rate cuts in the latter half of 2025. The current benchmark interest rate is set between 3.5% and 3.75%, influenced by ongoing conflicts […]
Federal Reserve anticipates just one interest rate reduction in 2026 due to economic uncertainty
Federal Reserve Maintains Interest Rates Amid Economic Uncertainty The Federal Reserve has decided to keep interest rates steady, a move elicited by rising uncertainties around the impacts of the ongoing Iran conflict on the economy and its implications for monetary policy. This decision raises questions about the likelihood of rate cuts later in the year. […]
Central Bank decides on interest rates — and Trump will be unhappy with it
Federal Reserve Decides on Interest Rates The U.S. Federal Reserve has made a decision regarding interest rates, and it seems President Donald Trump might not be pleased with it. The governors opted to maintain overnight bank rates at their current levels, which sit between 3.5% to 3.75%. This decision came despite calls to lower rates. […]