US Stock Market: Trump backs Warsh as Fed’s hawkish tilt raises rate hike odds
President Trump endorsed Fed Chair Kevin Warsh even as the two disagree on rate policy, after the Fed held rates steady but saw internal FOMC support for a hike. Financial markets are now pricing in a potential rate increase at the September Fed meeting.
25d ago · 3 min · Markets
Stock Market Today: Dow Rises Ahead Of Key Inflation Data; Meta Plunges On Earnings (Live Coverage)
The Dow Jones rose on August 1, 2026, as investors awaited key inflation data, while Meta Platforms fell sharply after its earnings disappointed markets. The divergence signals tension between rate-cut hopes and weakening results in large-cap tech.
27d ago · 3 min · Markets
Mortgage rates hit highest level in a year amid inflation fears
US mortgage rates have risen to a one-year high as markets weigh Federal Reserve rate uncertainty and Middle East conflict-driven inflation fears. Higher rates increase monthly payments for new buyers and are likely to further suppress housing market activity and refinancing.
28d ago · 3 min · Economy
US Stock Market: JP Morgan brings forward Fed rate hike call to December after July policy meeting
J.P. Morgan has shifted its US Federal Reserve rate hike forecast forward to December 2026 after the Fed held rates steady at its July meeting, citing persistent inflation risks. The call adds to a divided market outlook and could lift yields and strengthen the dollar if it proves correct.
29d ago · 3 min · Markets
Dow Jones Plummets 1,100 Points As Bears Grip Wall Street After Fed's Rate Pause
The Dow Jones fell over 1,100 points, or 2.1%, on July 30, 2026, with the sharpest drop arriving after Fed Chair Kevin Warsh's press briefing following the central bank's decision to hold rates steady. The selloff signals investors see little prospect of rate cuts arriving soon, putting broad pressure on equities.
29d ago · 3 min · Markets
Wall Street Week Ahead: US stocks face tests from Fed decision, tech-led earnings deluge
Wall Street faces a high-stakes week as the Federal Reserve delivers its latest interest rate decision alongside earnings from major technology and AI companies. The combination could set the tone for US equity markets through the second half of 2026.
1mo ago · 3 min · Markets
US stocks tumble on renewed concerns over massive AI spending, rising crude prices
US stocks fell on Wednesday as investors questioned the return on surging AI spending and crude oil prices rose, adding inflation pressure. The Nasdaq dropped 1.73%, the S&P 500 fell 1.08%, and the Dow slid 0.89%.
1mo ago · 3 min · Markets
Trump Renews Threat to Fire Fed Governor in Wake of Court Loss
President Trump threatened to take "immediate action" against Federal Reserve Governor Lisa D. Cook, days after a federal court blocked his attempt to fire two FTC officials. The move escalates White House pressure on independent agencies and raises fresh uncertainty about Fed independence.
1mo ago · 3 min · Policy & Government
Supreme Court rules Trump cannot fire Fed member Lisa Cook
The Supreme Court blocked Trump from firing Federal Reserve board member Lisa Cook, preserving the Fed's independence from presidential removal power. A separate ruling the same day gave Trump broader authority to dismiss leaders of other independent federal agencies.
1mo ago · 3 min · Policy & Government
Supreme Court blocks Trump’s bid to fire US Federal Reserve’s Lisa Cook
The US Supreme Court has blocked President Trump's attempt to fire Federal Reserve governor Lisa Cook, who faced unproven mortgage fraud allegations. The ruling preserves Fed independence for now and keeps a politically charged removal case alive in the courts.
2mo ago · 3 min · Policy & Government
US inflation tops 4% for first time in three years, keeping Fed hike in play
US inflation hit 4.1% in May 2026, its highest level in three years, driven by rising energy prices, keeping a Federal Reserve rate hike in September firmly on the table. Consumer spending rose on tax refunds and a stock market rally, while business investment in AI equipment also rebounded.
2mo ago · 3 min · Economy
Gold poised for fourth weekly loss as hawkish Fed bets buoy dollar
Gold is on track for a fourth consecutive weekly decline as rising U.S. rate-hike bets strengthen the dollar, pressuring the metal's price. A fragile U.S.-Iran agreement and a Strait of Hormuz incident add geopolitical risk but have not been enough to offset the dollar's pull.
2mo ago · 3 min · Markets
Explained: Why silver prices have crashed 14% this week to hit a 7-month low
Silver has fallen 14% this week to a seven-month low as US Fed rate cut expectations fade and bond yields rise. The drop pushes silver below half its January 2026 all-time high, with easing geopolitical tensions removing a second pillar of support.
2mo ago · 3 min · Markets
Former US Fed chairman Alan Greenspan passes away at 100
Alan Greenspan, who led the US Federal Reserve from 1987 to 2006 under four presidents, has died at 100. His tenure defined modern central banking but also drew lasting criticism for regulatory failures that contributed to the 2008 financial crisis.
2mo ago · 3 min · Global Affairs
Inflation topped 4% in May as CPI surged to highest level in 3 years
U.S. consumer prices rose at a 4.2% annual rate in May, the fastest pace in three years, driven by a spike in energy costs. The reading puts pressure on the Federal Reserve to respond, with potential knock-on effects for interest rates, borrowing costs, and household purchasing power.
2mo ago · 3 min · Economy
US Stock Market Today: S&P 500, Dow Tumble On Trump's Iran Threat, 3-Year High Inflation; Nasdaq Down 1% On Chip Rout
US consumer prices rose above 4% in May, hitting a three-year high, while President Trump issued a fresh threat against Iran. The dual shock pushed the S&P 500 and Dow lower, with the Nasdaq falling around 1% on a chip-sector sell-off.
2mo ago · 3 min · Markets
US inflation hits 3-year high in May as Middle East conflict raises prices of gas, energy products
US inflation rose to a three-year high in May, driven by surging gas and energy prices tied to the Middle East conflict. The reading complicates the Federal Reserve's path toward cutting interest rates and keeps pressure on household budgets.
2mo ago · 3 min · Economy
US stock market today: Nasdaq, S&P 500 futures fall up to 1.3% as tech selloff deepens; Brent rebounds
Nasdaq 100 futures fell 1.3% as a chip stock selloff deepened and Brent crude rebounded on Middle East tensions. Investors are on edge ahead of CPI inflation data that could further shift expectations for Federal Reserve rate cuts.
2mo ago · 3 min · Markets
Trump on new Fed Chair Warsh: ‘I don’t want to have a big influence on him’
President Trump named Kevin Warsh as his Federal Reserve Chair pick, calling him 'fantastic' and saying he wants Warsh to set interest rates without White House pressure. Warsh, a former Fed governor with hawkish inflation instincts, could keep borrowing costs higher for longer than markets expect.
2mo ago · 3 min · Economy
Stock market today: Nasdaq plunges 4%, Dow and S&P 500 sink as AI trade halts on Fed hike bets
The Nasdaq dropped 4% on Wednesday as rising bets on Federal Reserve rate hikes hit AI and technology stocks hard. The S&P 500 and Dow Jones also fell, reflecting broad investor concern that borrowing costs could stay higher for longer.
2mo ago · 3 min · Markets