adminBond Traders Favor Half-Point Cut in Fed’s ‘Coin Flip’ Decision
(Bloomberg) — Bond traders are favoring bets the Federal Reserve will kick off its interest-rate cutting cycle with a half-point move this week as debate rages on over whether officials…
Sahm rule creator sees 50-bps Fed rate cut on labor market worries
By Bansari Mayur Kamdar (Reuters) – The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut interest rates by 50 basis…
Over-priced Fed rate cuts make T-bills unattractive, Federated Hermes says
By Alun John LONDON (Reuters) – Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is unlikely to be as aggressive…
Retail sales top Wall Street estimates in August
Retail sales surpassed Wall Street's estimates in August, as investors keep a close eye on any signs of a slowdown in consumer spending. The data comes as the Federal Reserve's…
Two Sinochem Oil Refineries Declared Bankrupt as Margins Plunge
(Bloomberg) — Two oil refiners in China run by chemical conglomerate Sinochem Group Co. were declared bankrupt, highlighting the headwinds older units face as margins plummet. Most Read from Bloomberg…
Goldman Says Gold May Dip If Fed Opts for Quarter-Point Cut
(Bloomberg) — Gold may face a minor, near-term setback if the Federal Reserve opts for just a 25-basis-point cut this week, but the metal will subsequently rally to a record…
Goldman Sachs reiterates bullish view on gold prices amid Fed rate-cut hopes
(Reuters) – Goldman Sachs reiterated its optimistic outlook on gold prices on Monday, citing central bank demand and the imminent interest rate cut from the U.S. Federal Reserve at its…
Dollar pinned down by 50 bp Fed cut bets
SINGAPORE (Reuters) – The dollar traded near its lowest levels of the year on Tuesday, on the eve of the expected the start to a U.S. easing cycle that markets…
Argentina economy forecast to extend recession in second quarter
By Hernan Nessi BUENOS AIRES (Reuters) – Argentina's economy likely shrank 1.4% in the second quarter versus a year earlier, a Reuters poll showed on Monday, the fifth such decline…
Apple AirPods 4 review: Still the top choice for a reason
I spend the vast majority of my workday listening to music on my AirPods Pro 2. It’s the only way I can concentrate on researching and writing. But at $249,…
