Fed cuts interest rates a quarter point as 2025 outlook remains ‘uncertain’

The U.S. Federal Reserve cut interest rates on Wednesday as expected, but signaled they would cut less in 2025 than originally expected, sending the Dow Jones Industrial Average soaring more than 1,100 points. The Federal Reserve has cut interest rates by 25 basis points to a range of 4.25% to 4.50%, and the Summary Economic […]
More Americans have brighter outlook on state of finances for next year: survey

November employment statistics exceeded expectations. FOX Business' Edward Lawrence and more. As the new year approaches, a recent survey shows that more Americans have a brighter outlook on their personal finances in 2025. Bank rates published on Thursday the investigation It found that 44% of American adults expect their financial situation to be “somewhat” or […]
Crypto Analyst Issues Aave Alert, Updates Outlook on Litecoin and Ondo Finance – The Daily Hodl

A popular crypto analyst has issued a warning about Aave (AAVE), the top decentralized lending protocol built on Ethereum (ETH). Trader Ali Martinez say His 98,500 followers on social media platform Social volume and positive sentiment around Aave’s native token is rapidly increasing. “Markets often move against people's emotions, so the crowd's attention on AAVE […]
Gold (XAU) Price Forecast: Rally or Pullback? Fed’s Rate Cut Outlook Holds the Key – FX Empire

Chairman Jerome Powell's post-meeting remarks and updated economic forecasts will be important. If the Fed only cuts rates modestly in 2025, gold's appeal could face headwinds as the opportunity cost of holding non-yielding assets becomes higher. Conversely, with multiple rate cuts expected, any signs of dovishness could reignite bullish momentum. Featured inflation and PCE data […]
Gold (XAU) Silver (XAG) Daily Forecast: CPI Data and Dollar Rally Shape Precious Metals’ Short-Term Outlook – FX Empire

Despite the decline, gold remains a popular safe-haven asset amid geopolitical tensions. Conflicts in Eastern Europe and the Middle East, combined with concerns about U.S. trade policy under President-elect Donald Trump, continue to sustain its appeal during uncertain times. Silver reflects gold's decline amid dollar rally Silver price (XAG/USD) followed a similar path, trading at […]
US stock futures flat as markets weigh rate outlook, Syria tensions – Investing.com

Investing.com — U.S. stock index futures on Sunday night as investors awaited this week's key inflation data for further clues on interest rates, while heightened geopolitical tensions in Syria also focused on The market hardly moved. Futures were firm after Wall Street indexes hit record highs on Friday, but a better-than-expected nonfarm jobs report did […]
Kohl’s shares tank 20% as CEO abruptly exits amid weak outlook

Shares in Kohl's plunged more than 20% as the company reported plummeting sales and its chief executive abruptly resigned just days before the start of the crucial Black Friday holiday season. The Menomonee Falls, Wis.-based department store chain reported Tuesday that same-store sales fell 9.3%, marking the 11th consecutive decline in same-store sales for the […]
Bookmaker drops Giants outlook after Brian Daboll makes Tommy DeVito starter

Gambling Content 21+. When you sign up through our links, the New York Post may receive an affiliate commission. Please read our editorial standards for more information. The Giants have given up on Daniel Jones, and oddsmakers are following suit. The Giants, who fell to an embarrassing 2-8 record, benched their starting quarterback in favor […]
EUR/USD faces pressure as Trump’s policies weigh on Eurozone economic outlook – FXStreet

EUR/USD faces resistance near 1.0600 on Tuesday as investors see more room for the dollar to rise. ECB officials' focus has been on maintaining growth rather than containing price pressures. President Trump's policies are expected to boost U.S. inflation and economic growth. EUR/USD struggled to extend Monday's recovery above near-term resistance at 1.0600 and edged […]
How Jake Paul’s Netflix fight vs. Mike Tyson could change boxing’s outlook

ARLINGTON, Texas — The boxing community is still waiting for Jake Paul's influence to spill over into other sports. Paul (10-1, 7 KOs), 27, is a YouTuber and social media star who took up boxing in recent years and has since produced some of the biggest fights in the sport. The majority of those fights […]