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In the media, the U.S. Federal Reserve is under siege. President Donald Trump constantly threatens to fire Chair Jerome Powell. The Supreme Court has confirmed that the chair can't be dismissed except "for cause"— a threshold that the renovation-cost overruns the president has cited don't meet.

Our news editors obtained a quote from the research from Federal Reserve Bank,“ I then build and estimate a quantitative model that relatesmultinational production with immigration. For more information on this research see: High-skill Migration, Multinational Companies, and the Location of Economic Activity. Review of Economics and Statistics, 2025; 107:…

According to the Federal Reserve Bank of St. Louis, average rates on a 30- year fixed mortgage rose from 2.67% in December 2020 to 6.81% in June 2025. One driver of the Dallas luxury market is buyers moving to the area from California, who may defer relocation if it means replacing their current mortgage with a new one at more than double its rate, Clark explained.

The start of the week saw the price of gold surge after economic data released last week boosted expectations of the Federal Reserve reducing rates of interest. U.S. gold futures saw their price hit $3426.40 per ounce, representing a 0.8% increase. Spot gold also saw its price surge to $3372.15 an ounce, a 0.3% increase.  Extractive industry […]

In the media, the U.S. Federal Reserve is under siege. President Donald Trump constantly threatens to fire Chairman Jerome Powell. The Supreme Court has confirmed that the chair can't be dismissed except "for cause"– a threshold that the renovation-cost overruns the president has cited don't meet.

CPI Card Group Inc., a payments technology company providing a comprehensive range of payment cards and related digital solutions, today reported financial results for the quarter ended June 30, 2025, and updated its financial outlook for 2025.. CPI’ s second quarter net sales increased 9% to $129.8 million, or 15% excluding a one-time impact of an accounting…

WASHINGTON- U.S. President Donald Trump on Thursday said he will nominate Council of Economic Advisers Chairman Stephen Miran to serve out the final few months of a newly vacant seat at the Federal Reserve while the White House seeks a permanent addition to the central bank's governing board and continues its search for a new Fed chair. The term expires January…

WASHINGTON- President Donald Trump said he had chosen Council of Economic Advisers Chairman Stephen Miran to serve as a Federal Reserve governor. Trump said that Miran, who will need to be confirmed by the U.S. Senate, would only serve the expiring term of Fed Governor Adriana Kugler, which ends in January. The Federal Reserve did not immediately respond to a…

Mr. Miran is currently the chair of the Council of Economic Advisers. The president said in a social media post that Mr. Miran will serve in the seat until the end of January, while the search continues for a permanent replacement. Mr. Miran will fill the seat that was held by Adriana Kugler, who resigned last week.

But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from big U.S. companies are helping to offset the concerns, at least for now. The U.S. tariffs that took effect Thursday morning were also already well known, as well as lower than what Trump had initially threatened. All the while, the U.S. stock…

U.S. stocks drifted to a mixed finish as President Donald Trump’ s tariffs on dozens of countries had only a muted effect on markets worldwide. The S&P 500 slipped 0.1% Thursday. But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from big U.S. companies are helping to offset the concerns, at…

Trump said he has named Stephen Miran, the chair of the White House’ s Council of Economic Advisers, to fill a seat vacated by governor Adriana Kugler, a Biden appointee who is stepping down Friday. Miran, if approved by the Senate, will serve until January 31, 2026. Federal Reserve governors vote on all the central bank’ s interest-rate decisions, as well as its…

For all the uncertainty plaguing the U.S. economy, one observation is clear: From job growth to consumer spending, the $30 trillion engine is slowing. That usually signals it’ s time for the Federal Reserve to cut interest rates. And Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, posited two such moves before the end of the year in a Wednesday TV…

The NZD/USD is around the 0.59550 ratio as of trading this morning. Weaker than expected jobs numbers from the U.S last Friday helped spur the reversal higher. Behavioral sentiment in the broad Forex market is leaning into the notion of a weaker USD centric mode based on the notion the Federal Reserve will have to lower interest rates in September.

—U.S. stocks drifted to a mixed finish on Thursday as President Donald Trump’ s tariffs taking effect on dozens of countries had only a muted effect on markets worldwide. But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from big U.S. companies are helping to offset the concerns, at least for…

MetLife, Inc. today announced its second quarter 2025 results. Supplemental slides for the second quarter of 2025, titled“ 2 Q25 Supplemental Slides” are available on the MetLife Investor Relations website at https://investor.metlife.com and in the Form 8- K furnished by MetLife to the U.S. Securities and Exchange Commission in connection with this…

Speaking of central banks, the Federal Reserve continues to argue with the market. The Fed Funds Futures market suggests that the Federal Reserve is going to cut several times this year, while the Federal Reserve seems to think otherwise. There was a point where the Federal Reserve had higher interest rates than many other countries, and it wasn’ t as if they cut…