Rising expectations of a benchmark interest rate cut by the U.S. Federal Reserve are causing gold prices to fall. With numerous investors betting that the Fed would cut interest rates after the U.S. registered weaker-than-expected growth in the first quarter of 2025, spot gold and gold futures prices experienced some losses on Wednesday. This positive outlook […]
Economic News
SIMON PROPERTY GROUP This document supplements our definitive proxy statement filed by Simon Property Group, Inc. with the U. S. Securities and Exchange Commission on April 1, 2025, in connection with the Company's 2025 annual meeting of shareholders to be held on May 14, 2025. REDOMESTICATION 4• The Board and Management have discussed redomestication from…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement☐ Confidential, for Use of the Commission Only☐ Definitive Proxy Statement☒…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 14 A Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934 Filed by the Registrant☒ Filed by a Party other than the Registrant☐ Check the appropriate box:☐ Preliminary Proxy Statement☐ Confidential, for Use of the Commission Only☐ Definitive Proxy Statement☒…
WASHINGTON- U.S. President Donald Trump said he will not remove Jerome Powell as Federal Reserve Board chairman before his term ends in May 2026 while describing the central banker as "a total stiff" and repeating calls for the Fed to lower interest rates. Trump insisted that his moves to upend the global trading system with higher tariffs would eventually make…
—The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs. The Fed sharply ramped up its short-term rate in 2022 and 2023 as pandemic-era inflation spiked. Separately, Elon Musk, the head of Trump's Department of…
Federal Reserve Chairman Jerome Powell stated on April 16, 2025, that President Trump's tariffs would likely lead to higher rates of inflation. He made this claim before an audience at the Economic Club of Chicago. As Milton Friedman famously argued, this phenomenon is known as inflation.
President Trump's first 100 days in his second term ended last Tuesday, setting off a delusional celebration and a flurry of critical reactions. The nine-day period of mourning for Pope Francis ends this Tuesday, with a conclave to name his successor opening the very next day. He also took time to criticize Federal Reserve Chairman Jerome Powell, the media, and "…
The Federal Reserve was created by Congress in 1913 to make the American banking system more stable. Congress understood that the nation's central bank must be shielded from political pressure so that it could steer the economy without fear of retribution. According to a 1935 Supreme Court ruling, Fed officials can only be forced out or fired "for cause," which…
President Trump's first 100 days in his second term ended last Tuesday, setting off a delusional celebration and a flurry of critical reactions. The nine-day period of mourning for Pope Francis ends this Tuesday, with a conclave to name his successor opening the very next day. He also took time to criticize Federal Reserve Chairman Jerome Powell, the media, and "…
The movement of the financial markets can seem mysterious— and yet, if we look back over long periods, we can see definite patterns that consistently repeat themselves. As an investor, how should you respond to these market cycles? If they foresee an event that could boost the business cycle and help the economy, such as the Federal Reserve lowering interest rates,…
Tariffs put in place on Liberation Day, April 2, 2025, are having their intended effect– slowing down shipments of all products from China, including toys. Treasury Secretary Scott Bessent joined this conversation by saying Federal Reserve Chairman Jerome Powell should lower interest rates to encourage economic activity. The problem facing the…
U.S. SECURITIES AND EXCHANGE COMMISSION. MORGAN STANLEY DIRECT LENDING FUND, MS CAPITAL PARTNERS ADVISER INC, NH CREDIT PARTNERS III HOLDINGS L.P., NH EXPANSION CREDIT FUND HOLDINGS LP, NORTH HAVEN CREDIT PARTNERS II L.P., NORTH HAVEN CREDIT PARTNERS III L.P., NORTH HAVEN SENIOR LOAN FUND DESIGNATED ACTIVITY COMPANY, NORTH HAVEN SENIOR LOAN FUND L.P., NORTH HAVEN…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549. Proxy Statement Pursuant to Section 14 of the Securities Exchange Act of 1934. Date of Report: April 29, 2025.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-07404 Invesco California Value Municipal Income Trust 1555 Peachtree Street, N.E., Suite 1800 Atlanta, Georgia 30309 Glenn Brightman 1555 Peachtree…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-05597 Invesco Municipal Income Opportunities Trust 1555 Peachtree Street, N.E., Suite 1800 Atlanta, Georgia 30309 Glenn Brightman 1555 Peachtree Street,…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-05769 Invesco High Income Trust II 1555 Peachtree Street, N.E., Suite 1800 Atlanta, Georgia 30309 Glenn Brightman 1555 Peachtree Street, N.E., Suite 1800…
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM N-CSR CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT INVESTMENT COMPANIES Investment Company Act file number 811-06537 Invesco Trust for Investment Grade New York Municipals 1555 Peachtree Street, N.E., Suite 1800 Atlanta, Georgia 30309 Glenn Brightman 1555 Peachtree…
The Federal Deposit Insurance Corporation last month announced three orders against Discover Bank, Greenwood and its parent that resulted in a nearly $1.4 billion settlement. In a related action, the Board of Governors of the Federal Reserve System issued an order requiring corrective action and assessing a civil money penalty of $100 million against the…
