Bitcoin’s Rollercoaster Start to the Week Bitcoin, the flagship cryptocurrency, witnessed a dramatic rebound after plunging to its lowest level since November 2024, shaking up the crypto markets at the start of the trading week. Prices dipped as low as $74,425, marking a 5.6% drop, before stabilizing around $79,000, reflecting high volatility spurred by geopolitical … Read more
Fed’s Unyielding Commitment to the 2% Inflation Target At a recent lecture on inflation dynamics delivered at Harvard University, Federal Reserve Governor Adriana Kugler made it abundantly clear: the Federal Reserve’s top priority is to prevent a resurgence in inflation. Addressing the recent uptick in both goods and market-services inflation, she emphasized that some of … Read more
White House Flooded with Trade Requests After Trump’s Sweeping Tariff Move More than 50 countries have reached out to the White House to begin trade negotiations following President Donald Trump’s sweeping implementation of new tariffs. This surge in diplomatic engagement comes at a time when financial markets are grappling with heightened uncertainty, and U.S. officials … Read more
Jaguar Land Rover Suspends April Shipments to U.S. Amid Trade Tensions In a significant move with broad implications for the auto industry, Jaguar Land Rover (JLR) has announced a temporary pause in vehicle shipments to the United States throughout April 2025. This decision comes as the British automotive giant grapples with the newly imposed 25% … Read more
Hon Hai Precision Industry Co., the world’s largest contract electronics manufacturer and a vital partner to Nvidia Corp. and Apple Inc., has posted its fastest quarterly sales growth since 2022, underlining the continuing boom in AI server demand even as global trade tensions cast a long shadow over the tech industry. Hon Hai’s Record-Breaking Q1 … Read more
U.S. 30-Year Mortgage Rates Fall to 6.64%, Offering Relief to Homebuyers The average U.S. mortgage rate on a 30-year fixed loan declined for the second consecutive week, providing some relief to homebuyers navigating the competitive spring market. According to Freddie Mac, the rate now stands at 6.64%, down slightly from 6.65% last week. While this … Read more
The U.S. Federal Reserve now faces one of its most challenging economic crossroads. With the sudden announcement of sweeping tariffs by President Donald Trump, the delicate balance between controlling inflation and sustaining economic growth has been disrupted. The newly imposed tariffs have sent shockwaves through financial markets, raising concerns about a potential recession and reviving … Read more
In a strategic move that underscores the growing appeal of private credit in emerging markets, PIMCO has significantly increased its lending to governments in developing economies. The global investment giant has disbursed nearly $6 billion in private loans to various emerging market borrowers in 2024 alone. This trend reflects a broader shift in the debt … Read more
The Trump Media & Technology Group Corp. (TMTG) is once again at the center of financial and regulatory attention as a trust overseeing Donald Trump’s $2.1 billion stake in the company takes a crucial step toward a potential sale. This development follows the recent regulatory filing, which could lead to significant shifts in the ownership … Read more
Gold’s Record-High Rally Stalls Amid Geopolitical and Trade Tensions Gold, often regarded as the ultimate safe-haven asset, has experienced an impressive rally over the past year, reaching record highs driven by geopolitical instability, central bank purchases, and increased investor demand. However, the latest developments in US trade policy under President Donald Trump have introduced fresh … Read more
