An applied Friedmanite, Volcker understood that excess growth of the money supply was the root cause of this near-hyperinflation. He knew that the Fed cannot solve all economic woes. It can, however, ...
The S&P 500 and Dow experienced declines following the White House's announcement of impending tariffs on Canadian, Mexican, and Chinese imports. Investors, already anticipating tariff updates, saw ...
Investment markets and key developments over the past week Global shares were mixed over the last week with US shares down as tech shares fell on the back of the rise of DeepSeek’s AI app and a less d ...
Trump has set a Saturday deadline for issuing 25% tariffs on imports from Mexico and Canada, unless they move to halt flows of illegal immigrants and the deadly opioid fentanyl into the United States.
The U.S. dollar gained strength against major currencies as markets awaited President Trump's tariffs on Mexico and Canada. Meanwhile, U.S. consumer spending data suggested the Federal Reserve may not ...
The April gold futures contract on the New York Mercantile Exchange exploded by 2.7% today, closing at $2,845.20 per troy ounce. Earlier, it even touched an intraday high of $2,853.20, which is an all ...