Loading video player...
Latest news in United States.
Grafa
Breaking News
Instead of Lower for Longer It's Powell for Longer, PGIM's Greg Peters
Federal Reserve Chair Jerome Powell said he plans to stay at the central bank until a Justice Department investigation into him and the central bank is complete. "I have no intention of leaving the board until the investigation is well and truly over, with transparency and finality," Powell said Wednesday at a press conference. The comments marked the first time Powell has given any public indication about how the DOJ probe might affect his plans to remain at the Fed. Greg Peters, Co-Chief Investment Officer of Public and Private Fixed Income at PGIM, said the news moved markets
Bair: Fed Keeping 'Dry Powder' as Inflation Persists
Former FDIC Chair Sheila Bair discusses the need for the Fed to keep their 'powder dry' given current economic uncertainties, and the inflationary effects of the war in the Middle East. She talks with Romaine Bostick on "The Close."
Brainard: Fed May See Oil Price Shock as Transitory
Former Federal Reserve Vice Chair Lael Brainard discusses Fed Chairman Jay Powell tying his departure from the Board to the conclusion of a DOJ investigation, and the Fed possibly treating oil price shock as transitory. She talks with Romaine Bostick on "The Close."
Insights
What’s behind the panic-buying of gold?
In times of uncertainty, we often look for something solid to hold onto. Lately, it seems the world’s investors have decided that “something solid” is, quite literally, gold.
The metal’s soaring price is more than just a market trend; it's a global barometer of anxiety.
When faith in currencies, governments, and traditional financial systems begins to waver, we see a familiar flight to the perceived safety of this timeless asset.
Surprise! Lithium gets a recharge
Well, pull out the party hats and dust off the stock tickers.
Lithium, the commodity that investors and analysts had all but left for dead in the great market purge of 2023-2024, is back.
-640x360.jpg&w=1200&q=75)
Billionaire bears take a swipe at Tesla
The stock market has long treated Tesla (NASDAQ:TSLA) less as a traditional automaker and more as a futuristic technology cult, with its valuation soaring on the gravitational pull of its CEO, Elon Musk.
This persistent "Musk Premium" has burned countless short-sellers.
-640x360.jpg&w=1200&q=75)
Can Bitcoin bring down the global financial system?
Bitcoin has vaporised more than US$800 billion in its latest crash and sucked US$1 trillion out of the broader crypto market.
With nearly US$2 trillion in market value and rising allocations from Wall Street firms, ETFs, pension funds, and insurers, Bitcoin is increasingly woven into traditional finance.
Economy
Oil records biggest weekly surge since 2022
Global energy markets are reeling as oil tracks toward its most significant weekly gain in four years, fuelled by escalating conflict in the Middle East.
Economy
Oil prices steady amid escalating Middle East conflict
Global oil prices held steady on March 3 as energy markets braced for an intensification of conflict in the Middle East.
Economy
U.S. Customs to halt invalidated tariffs as Trump pivots to new 15% global levy
U.S. Customs and Border Protection (CBP) will officially stop collecting billions in trade duties at 12:01 a.m. EST on Tuesday, following a landmark Supreme Court ruling that declared President Donald Trump’s use of emergency powers to levy tariffs illegal.
