Bessent calls for series of rate cuts US Treasury Secretary Scott Bessent has reiterated his call for a half-point interest rate reduction at the Federal Reserve’s next meeting in September, and called for a series of rate cuts. His comments come after data showed inflation held steady at 2.7% in July. He said the central bank’s benchmark ought to be …
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US 30-year mortgage rate dropped last week, refi applications surged
By Ann Saphir (Reuters) -The interest rate for the most popular U.S. home loan dropped to 6.67% last week, the lowest rate since early April, triggering a rush of homeowners seeking to lock in cheaper financing on existing mortgages but doing relatively little to draw new homebuyers into the market. The average contract rate on a 30-year fixed-rate mortgage fell …
Read More »World shares hit record as rate hopes, inflation data buoy sentiment – Reuters
World shares hit record as rate hopes, inflation data buoy sentiment Reuters Asian shares rise, dollar defensive after mild inflation data Reuters Global stocks extend rally after US inflation data lifts sentiment Financial Times Japan’s Nikkei 225 hits fresh high as Asia markets track Wall Street gains on Fed rate-cut hopes CNBC Trump’s China trade truce extension spurs market rally The Guardian Source link
Read More »Stock Market Today: Dow Futures, Global Stocks Rise on Hopes for Fed Rate Cut — Live Updates – The Wall Street Journal
Stock Market Today: Dow Futures, Global Stocks Rise on Hopes for Fed Rate Cut — Live Updates The Wall Street Journal Stock market today: Dow, S&P 500, Nasdaq futures climb as Fed rate cut bets surge after inflation data Yahoo Finance Wall St edges higher after inflation rises moderately in July Reuters US stock futures rise after S&P 500 and Nasdaq hit record …
Read More »Bessent Hints Fed Should Be Open to a Half-Point Rate Cut – Bloomberg.com
Bessent Hints Fed Should Be Open to a Half-Point Rate Cut Bloomberg.com Trump says the Fed should cut interest rates. Bessent says this is by how much. MarketWatch Crypto Price News: ETH, ADA, XRP Surge in U.S. Tuesday Trade CoinDesk Scaramucci: 50-basis-point cut from Fed possible next month The Hill Bessent says the Federal Reserve should think about a 0.5% interest rate cut in …
Read More »Trump claims Washington’s murder rate is higher than Bogotá or Mexico City. Here’s what the stats from those countries say
Facebook Tweet Email Link US President Donald Trump has stepped up his criticism of the security situation in Washington, DC, now claiming that the US capital has a homicide rate higher than some Latin American capitals such as Bogotá, Mexico City and Lima. During a press conference on Monday, Trump announced that he would place the Metropolitan Police Department “under …
Read More »S&P 500, Nasdaq end at record closing highs as moderate inflation lifts rate hopes – Reuters
S&P 500, Nasdaq end at record closing highs as moderate inflation lifts rate hopes Reuters S&P 500, Nasdaq both notch record close as inflation report gives Fed green light to cut rates CNBC S&P hits record high as stocks rise on inflation data The Hill Stock Market News Today: Dow Closes Higher After CPI Report Shows Inflation Steady — Live Updates The Wall Street …
Read More »Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations – Reuters
Stocks rally, oil prices drop after modest US inflation data solidifies Fed rate cut expectations Reuters Stock market today: S&P 500, Nasdaq pace for record closes as Fed rate cut bets jump after CPI inflation report Yahoo Finance Stock Market News Today: Dow Rises After CPI Report Shows Inflation Steady — Live Updates The Wall Street Journal Wall Street rises toward records on …
Read More »July's Inflation Data Keeps September Rate Cut in Play – The Wall Street Journal
July’s Inflation Data Keeps September Rate Cut in Play The Wall Street Journal Dollar eases as US inflation data keeps September rate cut on table Reuters July CPI: What does the Fed do now? Yahoo Finance Bond Traders’ High Hopes for September Rate Cut Hinge on CPI Bloomberg.com Fed governor maintains outlook for three interest cuts in 2025 Fox Business Source link
Read More »ASUS Launches World’s First 4K WOLED Gaming Monitors In The Strix OLED XG32U Series, Bringing Dual-Mode Configurations With Up To 480Hz Refresh Rate
ASUS has announced the availability of two of its newest high-end WOLED gaming monitors that offer dual modes for enthusiasts. ASUS Officially Launches ROG Strix XG32UCWMG and XG32UCWG, Bringing 4K and FHD Resolutions On WOLED Panels The popular hardware and peripheral manufacturer, ASUS, has released two new high-end gaming monitors in its OLED lineup, bringing the world’s first 4K WOLED …
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