Are you looking to buy a new home or refinance at a lower rate? The media is talking about rates being higher for longer. And they are correct about short-term rates that don't impact mortgages as much...
Quantitative tightening is the Fed’s process of reducing its balance sheet. After purchasing debt securities during and after the 2020 global pandemic, the U.S. central bank has allowed those purchases...
The number of Americans filing new claims for unemployment benefits fell last week, signaling underlying strength in the labor market. According to the Labor Department, initial claims for state unemployment...
Richard Tang, head of global markets at Rokos Capital Management, stated in a Bloomberg Television interview that the Federal Reserve is unlikely to loosen monetary policy this year. Despite market expectations...
Citadel Securities has reported a net trading revenue of $2.3 billion for the first quarter of 2024, marking a 68% increase year-over-year. This surge sets the market-making firm, founded by billionaire...
In April, U.S. producer prices surged unexpectedly, fueled largely by significant increases in the costs of services such as portfolio management and hotel accommodations, along with a solid rise in wholesale...
In an audacious move aimed at rebalancing trade relations and addressing longstanding economic grievances, President Joe Biden announced significant tariff increases on a wide range of Chinese imports....
President Joe Biden is poised to announce new tariffs on China as soon as next week, targeting strategic sectors such as electric vehicles, semiconductors, and solar equipment, according to two sources...
PIMCO, the U.S. bond giant managing $1.9 trillion in assets, announced it is increasing its exposure to bonds in developed markets outside the United States due to potential complications arising from...
PIMCO, the U.S. bond giant managing $1.9 trillion in assets, announced it is increasing its exposure to bonds in developed markets outside the United States due to potential complications arising from...