News

This week, Federal Reserve Chair Jerome Powell and the Federal Open Market Committee (FOMC) held the federal funds rate within the target range of 4.25 percent and 4.50 percent.

The week ahead is going to be packed with economic news, with particular emphasis on inflation data.

Readers' Favorite announces the review of the Non-Fiction - Business/Finance book "The Wantrepreneur" by Leonardo Vasquez, currently available at http://www.amazon.com/gp/product/B0CYSJDNPL .

The most important Fed decisions are made by the Federal Open Market Committee (FOMC).

Jerome Powell and the Fed gave us nothing this week - they gave nothing because they know nothing.

Global markets digested a week packed with trade breakthroughs, monetary policy signals, and digital asset milestones.

April employment report: strong job growth, slow wage growth = stable inflation, potential rate cuts. Financial ETFs may benefit from this balance.

As inflation and healthcare expenses continue to weigh on American households, Pawdarling emerges as a timely solution for pet owners seeking financial security and peace of mind. The newly launched pet insurance platform offers flexible, affordable protection for dogs and cats, designed to meet the realities of today’s economic challenges.

Shares of social commerce platform Pinterest (NYSE: PINS) jumped 5.2% in the afternoon session after the company reported strong first quarter 2025 results which beat analysts' revenue and EBITDA expectations. Sales rose 16% as more people used Pinterest to shop and more brands bought ads to reach them. 

Amsterdam - May 09, 2025 - VignetteGo, a leading provider of digital vignettes for toll roads in Europe, announced the launch of its new service today. The company offers drivers a modern, easy, and flexible way to meet toll requirements when traveling on motorways and expressways in countries like Austria, Hungary, the Czech Republic, Slovakia, Romania, France, and Bulgaria.

Consumer inflation for April will be reported next Tuesday. Unless there is a major surprise, real aggregate nonsuperviosory payrolls will be shown to have increased again.

Coming up very quickly on the Project 2025 agenda: a reversal of President Nixon’s 1971 repeal of the gold standard. Chapter 24 of the playbook outlines

Breakfast restaurant chain First Watch Restaurant Group (NASDAQ:FWRG) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 16.4% year on year to $282.2 million. Its non-GAAP profit of $0.01 per share was $0.03 below analysts’ consensus estimates.

Wells Fargo expects a bumpy 2025 with a mid-year GDP contraction, tariff-fueled labor market deterioration and a major shift in Fed policy.

Hungary's headline and core inflation both slowed in April, but the overall picture isn't exactly encouraging.

Ahead of key weekend talks, President Trump said an "80% Tariff seems right."

Moltiply’s subsidiary 7Pixel is claiming damages for abuse of dominance that favored Google Shopping between 2010 and 2017.

Gold rallies on safe-haven demand, political tension, and a weak Dollar. Bullish trends hold above $3,400, with traders watching Fed moves and global risks.

The Fed Governor explained that small businesses, being less diversified and having limited access to credit, are likely to bear the brunt of the tariff policies.

In 2025, Trump’s trade policy continues to affect the global market. In early April, his move to impose a 145% tariff on China caused Bitcoin to plummet to $77,730 in a single day, and global stock markets suffered the biggest shock in nearly five years; and nine days later, the unexpected suspension of some tariffs for 90 days immediately reversed market sentiment, and Bitcoin rebounded 7% to $82,350 in a single day. XBIT (dex Exchange) strategists believe that Trump’s recent announcement of a trade agreement with the UK is seen as a potential positive for easing global frictions. Optimism quickly spread to the crypto field, and the scale of capital inflows in the crypto market hit a quarterly high.