What used to be an independent body, the Federal Reserve, is now part of the political discussions under the Trump administration.President Donald Trump has escalated his attacks on Fed Chair Jerome Powell, claiming his termination “cannot come fast enough.” But this isn’t just about interest rates. Trump is pushing to reshape…
Pope Francis, the Argentine Jesuit who became the first Roman Catholic pontiff from the Americas, has died, the Vatican announced Monday. He was 88.The news was delivered in a video address by Cardinal Kevin Farrell.“Dearest brothers and sisters, with deep sorrow I must announce the death of our Holy Father…
The Federal Reserve is the most powerful central bank in the world. It manages the dollar, anchors global interest rates, and plays a central role in financial stability. Its independence from political pressure has been treated as non-negotiable since its creation.But now that independence is being tested. President Donald Trump is…
What used to be an independent body, the Federal Reserve, is now part of the political discussions under the Trump administration.President Donald Trump has escalated his attacks on Fed Chair Jerome Powell, claiming his termination “cannot come fast enough.” But this isn’t just about interest rates. Trump is pushing to reshape…
Cryptocurrencies may have failed to do particularly well amidst the tariffs-driven sell-off in financial markets, but Standard Chartered remains bullish as ever on what the future holds for stablecoins. Geoffrey Kendrick, a London-based analyst at the financial services giant, expects stablecoin assets to hit as much as $2 trillion over the…
The S&P 500 index has suffered a harsh reversal this year as it crashed by 14% from its highest point in January, meaning that it has moved into a correction. It was trading at $5,280, down from the YTD high of $6,145. This article explores whether it is safe to…
The Dow Jones Index has entered a correction this year, having dropped by over 13% from its highest level. The index, which tracks 30 blue-chip companies, was trading at $39,100, and has recently formed a death cross for the first time in over three years. This article examines the three…
Brent crude oil price has stabilized a bit in the past two weeks as concerns about demand and supply remains. It rose for two consecutive weeks, reaching a high of $66.85, an increase of over 14% from its lowest level this month. So, is it safe to buy or sell…
Cryptocurrency prices started the week well as traders and investors started to move back into the industry, pushing the total market cap of all coins to over $2.84 trillion. Bitcoin price jumped to $87,000 for the first time in over a week.That rally led to more gains in the altcoin…
The XRP price has formed a rare falling wedge chart pattern, pointing to a strong bullish breakout in the coming weeks. Ripple was trading at $2.1335, up by over 30% from its lowest level this month. This article examines the potential for a 60% surge in the Ripple price from…