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GOP ‘Mega-Bill’ on Taxes Stalls in House Committee
Washington, D.C., USA: Hopes for a sweeping tax and domestic policy bill were dashed when it failed to clear the House Budget Committee. Known...
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Debt Ceiling Deal “Doable” as Deadline Looms
Washington, D.C., USA: House Speaker Kevin McCarthy signaled optimism about reaching a deal to raise the U.S. debt ceiling by Sunday. Negotiations...
U.S. Mortgage Rates Volatile Amid Tariff Uncertainty
Washington, D.C., USA: Mortgage rates in the U.S. have been hovering around 6.8% for 30-year loans, moving unpredictably due to ongoing tariff...
Mixed Market Close as Investors Eye Potential U.S.–China Tariff Rollbacks
New York, USA: U.S. stocks ended Thursday mixed: the Dow gained 0.7% while the tech-centric Nasdaq dipped slightly (–0.2%). The S&P 500 rose for a...
Walmart Warns Prices Will Rise Soon, Citing Tariff Pressures
Bentonville, Arkansas, USA: Walmart announced it will raise prices on various consumer goods, attributing the move to ongoing tariffs, including a...
Stocks Climb on Trade Hopes and Cooling Yields
New York, USA: Wall Street’s mood brightened as trade optimism and slightly lower Treasury yields fueled a broad rally in most stock sectors. The...
No Recession in Sight as Trade Truce Lifts U.S. Outlook
New York, USA: Barclays has revised its forecasts, declaring that a U.S. recession now looks unlikely this year, thanks in part to a new trade...
Moody’s Strips U.S. of Top Credit Rating Over Debt Surge
Washington, D.C., USA: Moody’s Investors Service just downgraded the United States from its highest credit rating, citing ballooning federal debt...
Boring Is Booming: Investors Flock to Stable Annuities Amid Market Jitters
New York, USA: After a turbulent period of rising interest rates and stock volatility, a wave of investors is rediscovering the appeal of “boring”...
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