A broad selloff in heavyweight tech stocks at the start of the week abruptly reversed after US Federal Reserve Chair Jerome Powell delivered a speech that bolstered expectations of a September interest rate cut. Speaking at the Jackson Hole Economic Policy Symposium, Powell took a more dovish tone than investors may have been expecting, noting a slowdown in both worker ...
Michael Saylor, co-founder and executive chairman of MicroStrategy, has once again made a bold forecast about Bitcoin. Speaking live on CNBC, Saylor predicted that Bitcoin would grow 30% annually for the next 20 years. He also recently hinted on X about another possible Strategy Bitcoin purchase, keeping the firm’s long-term strategy in the spotlight. Saylor’s The post Saylor Predicts Bitcoin ...
When President Donald Trump returned to the White House in 2025, he faced the same formidable adversary that defined much of his first term: China. This time the stakes were even higher. The trade deficit with China had ballooned to roughly $300 billion, while IP protection, currency manipulation and predatory industrial and international development practices remained significant issues. And Beijing ...
Statistics Canada released July’s consumer price index (CPI) data on Tuesday (August 19). The figures show that inflation decelerated in the month, posting a 1.7 percent year-on-year gain, down from the 1.9 percent recorded in June. The most significant contributor to the fall was a 16.1 percent decline in gasoline prices from the same period last year. Excluding the lower ...
Donald Trump’s son Eric Trump has made a bold prediction for Bitcoin. Speaking at the Wyoming Blockchain Symposium, he called himself a “Bitcoin Maxi” and predicted that the world’s largest cryptocurrency would hit $175,000 before the close of 2025. Trump’s Bullish Prediction on Bitcoin During the Wyoming Blockchain Symposium, Eric Trump told attendees that he The post Eric Trump Predicts ...
FBI agents raided the Bethesda, Md., home of former national security adviser John Bolton on Friday morning, marking a new tension point in his difficult relationship with President Donald Trump. Agents also raided Bolton’s D.C. office. The reason behind the raids was reportedly linked to a probe of allegations that Bolton sent classified documents to his family from a private ...
ROCHESTER, Minnesota, Aug 22 (Reuters) – U.S. farmers will harvest a record corn crop in 2025 after ideal weather across much of the Midwest this summer, but the bounty will fall short of the U.S. government’s lofty outlook as pockets of plant disease and heat stress dented yields in spots across the farm belt, crop consultancy Pro Farmer said on ...
Citing a shifting economic situation in the US, Federal Reserve Chair Jerome Powell indicated that the central bank is ready to adjust interest rates during his speech at the Jackson Hole Economic Policy Symposium. Powell indicated that the Fed’s dual mandate goal is essentially in balance, saying the labor market remains close to maximum employment and that inflation has eased ...
The Bitcoin price has surged following Jerome Powell’s Jackson Hole remarks, driving BTC above the $116,000 mark. This breakout has led to optimism of a strong Q4 rally, which is reminiscent of historical post-speech performance. September could be a volatile month, but the structure indicates that upside potential is still in place. There, market participants The post Bitcoin Price Prediction: ...
Justice Ketanji Brown Jackson criticized on Thursday what she said were the ‘recent tendencies’ of the Supreme Court to side with the Trump administration, providing her remarks in a bitter dissent in a case related to National Institutes of Health grants. Jackson, a Biden appointee, rebuked her colleagues for ‘lawmaking’ on the shadow docket, where an unusual volume of fast, ...
Shares of Cracker Barrel Old Country Store plummeted roughly 10% on Thursday after the restaurant unveiled its new logo earlier this week as part of a larger brand refresh. The new logo removes the image of a man leaning against a barrel that was prominently featured in the original, leaving behind just the words Cracker Barrel against a yellow background. ...
Stefan Gleason, CEO of Money Metals, shares his outlook for gold, silver and platinum. He also weighs in on Tether Investments’ recent deal with Elemental Altus Royalties (TSXV:ELE,OTCQX:ELEMF) and advances in US sound money policies. Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article. This post appeared first on investingnews.com ...