Financial News

Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many

Trump says inflation is 'defeated' and the Fed has cut rates, yet prices remain too high for many

US equity-index futures climbed and oil rebounded after President Donald Trump signaled an openness to a deal with China, improving sentiment after markets were rattled by a sharp escalation in trade tensions.

The local bourse has begun the week on the defensive, as a resumption of trade war sabre rattling between the world's two largest economies wobbles investors.

(MENAFN - Crypto Breaking) Recent developments in the cryptocurrency markets reveal a striking decline in trading leverage, with funding rates reaching levels not seen since the 2022 bear market. ...

Hong Kong stocks and cryptocurrencies are expected to slide this week after the Sino-US trade conflict escalated, with investors seeking refuge in gold.

Trump's tariff announcement wiped out almost $800 billion from major tech firms, with the S&P 500 and Nasdaq Composite falling the most since April.

US equity-index futures rose as US President Donald Trump expressed willingness for a trade deal with China, following a significant stock market decline on October 10.

(MENAFN - Crypto Breaking) Despite recent turbulence in the cryptocurrency markets, Ethereum 's (ETH ) price exhibits signs of resilience, steadily recovering from a sharp flash crash. While ...

Bitcoin (BTC) briefly declined nearly 10% on Friday as the crypto market took a sharp downturn following US President Donald Trump's plan to raise tariffs on Chinese goods.

DealBook founder and Squawk Box co-host Andrew Ross Sorkin takes a look at the crash of 1929 in his new book. He tells 60 Minutes what may indicate about today's stock market.

Stocks on Wall Street have rallied in recent months, but author Andrew Ross Sorkin sees a crash coming. The question is: when will the bubble pop, and how much will the market slump when it does?