The minutes also showed that labor market weakness remained among the top concerns of the central bank, which noted that though the unemployment rate remained low, the pace of employment increases had slowed.
The brief pause in the market rally didn't last long. Wall Street resumed its climb toward fresh records on Wednesday, powered by another relentless surge in technology stocks — while in commodities, gold continues to defy the laws of gravity.
Washington D.C. – October 8, 2025 – The Federal Reserve has decisively pivoted towards a more accommodative monetary policy, implementing its first interest rate cut of 2025 in September and setting the stage for further reductions. This shift, largely driven by concerns over a softening labor market and the imperative to
The financial markets are currently riding a wave of optimism, propelled by the Federal Reserve's decisive pivot towards a more accommodative monetary policy. This 'easing stance,' initiated in late 2024 and continuing through 2025, has seen the central bank systematically reduce the federal funds rate, aiming to inject liquidity
Oracle’s shares were down nearly 4% in Tuesday’s afternoon session after a report stated that it lost nearly $100 million from renting out access to Nvidia’s Blackwell chips.
Risk sentiment is taking a breather after days of a relentless rally, with all major Wall Street indexes trading in negative territory and sharper declines hitting the most speculative assets, such as cryptocurrencies.
Economist Jeremy Siegel stated that the market can handle slower growth if disinflation persists and AI-driven productivity becomes evident in 2026 and beyond.
The United States is grappling with a significant economic data blackout, as a recent government shutdown has brought the release of crucial unemployment figures from the Bureau of Labor Statistics (BLS) to a grinding halt. This unprecedented situation has left economists, policymakers, and investors without a definitive pulse on the
Tech and AI-related stocks continued to propel Wall Street to new record highs Monday, with Advanced Micro Devices Inc. (NASDAQ:AMD) surging nearly 30% after unveiling a landmark investment in OpenAI.
Advanced Micro Devices’ shares ripped over 29% in Monday’s midday trade after the announcement of a multi-year deal with OpenAI for six gigawatts worth of AMD chips.
Palantir Technologies’ shares were down nearly 5% in Friday’s midday trade after an internal army memo reportedly flagged “fundamental security” problems in a U.S. Army communications system that the company is working on.
Another historic session is unfolding on Wall Street, where every major index surged to new records by midday trading on Friday, even as Washington's shutdown dragged into its third day.
Fund manager Louis Navellier stated that market momentum appears unstoppable, with the bias toward equities versus debt at its highest level ever, and corporate share buybacks also on the rise.
On the second day of the U.S. government shutdown, Wall Street remains largely subdued, with indexes showing only slight midday declines after touching fresh record highs at the open.
The customary weekly jobless claims report is expected to show that the number of individuals claiming unemployment benefits rose to 222,000 in the week ended Sept. 27 from 218,000 in the previous week.
