‘Election Interference’: Fed Leaves Trump With Parting Gift After Conveniently Cutting Rates Right Before Election

After cutting interest rates just weeks after the November presidential election, the Fed now leaves a ticking inflation “time bomb” for the incoming Trump administration to defuse. Price increases accelerated in October, november Following the Fed's decision to cut interest rates by 0.50% on September 18, the Biden-Harris administration appears to be leaving an “inflation […]
Tax Authority confirms higher vehicle tax rates for 2025 – The Jerusalem Post

In line with a previous announcement by the Ministry of Finance, the Israeli Tax Authority officially announced on Thursday that the purchase tax rate for electric vehicles will be 45% from January, instead of the current 35%. At the same time, the upper limit for which tax incentives apply (the full purchase tax for […]
Military academies see drop in sexual assault and harassment, but rates remain high

Reported sexual harassment and assault at U.S. military academies has dropped “significantly” over the past two years after spiking in 2022, but rates remain high, according to new Pentagon data released Thursday. That's what it means. During the 2023-2024 school year, 783 cadets and cadets (457 women and 327 men) experienced sexual assault or harassment […]
Flu vaccination rates ‘concerningly’ low among US kids, health officials warn

According to the latest data from the Centers for Disease Control and Prevention (CDC), only about one-third of children have received the influenza vaccine. As of November 30, only 37% of children had received a flu shot, compared to 43% on the same date last year. Among adults, 39% have received a flu vaccine, about […]
USD/CHF advances to near 0.8900 as SNB unexpectedly cuts interest rates by 50 bps – FXStreet

The US dollar/Swiss franc pair soared to nearly 0.8900 after the Swiss central bank cut its main borrowing rate by 50 basis points to 0.5%, in response to expectations for a 25 basis point rate cut. Swiss National Bank Governor Schlegel held off on the option of negative interest rates in his previous comments in […]
Gold price in India: Rates on December 12 – FXStreet

Gold prices in India remained almost flat on Thursday, according to data compiled by FXStreet. Gold price was almost stable at INR 7,408.53 per gram compared to INR 7,414.59 on Wednesday. Gold prices were almost stable at Rs 86,411.06 per tola from Rs 86,481.71 per tola the previous day. unit measurement Gold price in INR […]
Approval rates for asylum claims plummet in lead up to second Trump administration

Asylum approval rates in the U.S. plummeted in the lead-up to Donald Trump's second administration. This comes as the president-elect has vowed to crack down on the immigration crisis. In October, when the new fiscal year 2025 begins, just over a third (36%) of asylum applications were approved by US immigration judges. Linked with data […]
EUR/USD slides as ECB is set to cut interest rates by 25 bps to 3% – FXStreet

EUR/USD fell to around 1.0530 as investors awaited major events such as US inflation and the ECB policy meeting. The ECB is widely expected to cut deposit facility rates by 25 basis points to 3% on Thursday. Economists expect U.S. annual core CPI to have grown steadily by 3.3% in November. EUR/USD fell to around […]
Gold price in India: Rates on December 6 – FXStreet

Gold prices rose in India on Friday, according to data compiled by FXStreet. Gold price rose to INR 7,192.59 per gram compared to INR 7,163.30 on Thursday. Gold price rose to Rs 83,897.07 per tola from Rs 83,551.29 per tola the previous day. unit measurement Gold price in INR 1 gram 7,192.59 10 grams 71,926.81 […]
Mortgage rates decline for second straight week

Realtor.com Chief Economist Daniel Hale highlights the most important metrics from companies' 2025 outlook and discusses the pros and cons of buying versus renting real estate. Mortgage rates fell for the second week in a row as the housing market's affordability crisis continued, with further signs of pent-up housing demand and an increase in purchase […]