Retailers Raise Store Card APRs to Record Highs Ahead of Fed Rate Cuts
Dozens of major U.S. retailers increased the interest rates on their store-branded credit cards to record levels in the year before the Federal Reserve began [more…]
Dow Jones and S&P 500 Surge as Investors Shift to Cyclical Stocks
The Dow Jones Industrial Average and S&P 500 climbed on Thursday as investors reallocated their focus to cyclical stocks poised to benefit from an improving [more…]
Japan’s Exports Rebound in October, Rising 3.1%
Japan’s exports rose by 3.1% in October compared to the same month a year ago, marking a recovery from a 1.7% decline in September, which [more…]
Tesla Shares Surge Amid Reported Push for Federal Self-Driving Vehicle Regulations
Tesla shares experienced a notable increase on Monday, surging more than 5% following reports that President-elect Donald Trump’s transition team plans to prioritize a federal [more…]
10-Year Treasury Yield Climbs – Fed Cautions Against Rushed Rate Cuts
The 10-year Treasury yield saw a slight uptick on Friday, closing a week marked by significant inflation data and Federal Reserve Chair Jerome Powell’s remarks [more…]
US Household Debt Hits Record as Credit Card Stress Rises
American households are feeling the pinch of rising debt as total household debt hit an unprecedented $17.9 trillion in the last quarter, according to the [more…]
Gold Prices Hold Steady Amid CPI Data as Uptrend Persists
Early on Wednesday, the U.S. Consumer Price Index (CPI) numbers met expectations, leading to a stabilization in the gold market and signaling the potential continuation [more…]
Stock Market Soars on Trump Win, but Bond Yields Signal Caution
Investors have embraced a wave of optimism following Donald Trump’s presidential election win, sending U.S. stocks to record heights. The Dow Jones Industrial Average closed [more…]
Israeli Forces Advance into Gaza’s Nuseirat Camp Amid Rising Violence
In a significant escalation, Israeli forces moved tanks into the western section of Gaza’s Nuseirat refugee camp on Monday, sparking widespread fear and chaos among [more…]
US Job Market Wobbles Amid Strikes, Hurricanes, Fed Cuts
Last week’s slight uptick in new unemployment claims indicates little overall change in the U.S. labor market but highlights October’s near-stagnant job growth, primarily driven [more…]
