News

Tariff-Induced Inflation Surge May Be Temporary, Fed Official Says
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
Bessent says White House will start interviewing candidates for next Fed chair this fall
U.S. Treasury Secretary Scott Bessent on Monday said the White House expects to start interviewing candidates this fall to ...
Fed's Bostic: bold moves wouldn't be prudent amid fog of uncertainty
Atlanta Federal Reserve Bank President Raphael Bostic said on Monday the fog of uncertainty over the Trump administration's ...
Americans braced for biggest unemployment rate jump since the pandemic as tariffs muddy outlook
A rising percentage of Americans are concerned about the labor market outlook as unemployment expectations reached their ...
Truist CD Rates: Pros, Cons and Current Rates
Discover Truist CD rates and secure your savings. Learn about CD options, find current rates, and determine if Truist CDs are ...
Fed's Harker does not comment on economic, monetary policy outlook
Federal Reserve Bank of Philadelphia President Patrick Harker did not comment on the economy and monetary policy in a speech ...
Trump tariffs live updates: Possible tech, auto exemptions in focus as Trump team sows confusion
Markets reacted on Tuesday to news that US President Donald Trump signaled a possible delay to auto tariffs, adding to market ...
Fed's Waller warns high tariffs could push inflation near 5% while economy slows 'to a crawl'
Fed governor Chris Waller warned that inflation could surge this year near 5% and economic growth could 'slow to a crawl' if the effective tariff rate remains at 25%. He believes the central bank may ...
Unemployment worries jump to highest level since 2020 in New York Fed survey
The New York Federal Reserve's new survey of consumer expectations found Americans are more pessimistic about the labor ...
Forbes Recession Tracker: White House Promises No Recession This Year—As Hedge Fund Billionaire Warns Of ‘Something Worse’
The White House's confidence about no 2025 recession is far from a consensus view among Wall Street bigwigs and prominent ...
Moving Markets: From Tariffs To Recession
Markets plunged on tariff fears, with the S&P 500 sliding and recession risks rising. Check out how a Fed move may impact the ...
US Tariffs 2025 Explained: What They Mean for Property Buyers and Sellers in Singapore
On 9 April 2025, the United States announced a 10% blanket tariff on imports from countries — including Singapore — that haven’t retaliated against earlier US trade actions. There's also a 90-day ...