China’s real residential property price index just hit a record low with 17 consecutive quarters of decline. In real, inflation-adjusted terms, home values are now below where they were in 2010, wiping out fifteen years of appreciation for the country’s urban middle class. Meanwhile, official GDP grew at 5% in…
US President Donald Trump met top officials from Chevron and other energy companies on Tuesday.The meeting focused on US oil production, oil futures, shipping, and natural gas, a White House official said on Wednesday.The discussion comes at a time of heightened volatility in global energy markets.The meeting aimed to gather…
The nomination of Kevin Warsh to lead the Federal Reserve advanced on Wednesday after the Senate Banking Committee approved his candidacy in a sharply divided vote, paving the way for a final confirmation in the Republican-controlled Senate.The committee backed Warsh by a 13–11 margin along party lines, with all Republicans…
The Federal Reserve left interest rates unchanged on Wednesday, but an unusually divided vote underscored growing disagreement among policymakers over the future path of monetary policy as geopolitical tensions and persistent inflation cloud the outlook.The rate-setting Federal Open Market Committee voted 8–4 to maintain the benchmark federal funds rate in…
Jerome H. Powell said on Wednesday that he will continue serving as a governor at the Federal Reserve after his term as chair ends on May 15, signaling an unusual break from precedent amid mounting political and legal pressures.“After my term as chair ends on May 15, I will continue…
Morgan Stanley on Wednesday revised its outlook for US monetary policy, saying it now expects the Federal Reserve to begin cutting interest rates only next year. The brokerage dropped its earlier forecast that easing could begin in 2026, citing persistent inflation and continued economic strength.Tthe revised stance comes after the…
The financial world had a script for a Middle East war in the past. That was sell risk, buy gold, buy Treasuries, buy the dollar. In 2026, none of that has worked. Bitcoin, however, is emerging as a potential winner. It has outperformed every traditional haven since the US-Israel strikes…
China’s real residential property price index just hit a record low with 17 consecutive quarters of decline. In real, inflation-adjusted terms, home values are now below where they were in 2010, wiping out fifteen years of appreciation for the country’s urban middle class. Meanwhile, official GDP grew at 5% in…
European stock index futures pulled back further on Thursday as investors reacted to the soaring crude oil prices and the bizarre military options CENTCOM will offer President Donald Trump. The FTSE 100 futures dropped to £10,190, while those linked to the DAX, Stoxx 50, and CAC 40 fell by nearly…
Bloom Energy share price popped by 20% on Wednesday as market participants cheered the strong earnings report. BE jumped to a record high of $271, up by 1,600% from its lowest level in 2025. This surge has turned it into a nearly $70 billion juggernaut. So, will the rally continue…