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Fed Weighs Inflation Against Jobs in July Interest Rate Decision
Business News

Fed Weighs Inflation Against Jobs in July Interest Rate Decision

There were differences of opinion on how much focus should be on the labor market and inflation, respectively, shows the protocol from the American central bank Federal Reserve's (Fed) interest rate meeting in July.
Stockholm Stock Exchange Closes Down 0.2% Amid Market Fluctuations
Business News

Stockholm Stock Exchange Closes Down 0.2% Amid Market Fluctuations

The Stockholm stock exchange fluctuated up and down during Wednesday but at closing the broad OMXS index was at minus 0. 2 percent
Wall Street Steady as Investors Await Trump-Putin Summit
Business News

Wall Street Steady as Investors Await Trump-Putin Summit

Wall Street Hits Record Highs for Second Consecutive Day
Business News

Wall Street Hits Record Highs for Second Consecutive Day

New York stock exchange continued upwards on Wednesday after Tuesday's record levels – and on Wednesday, both the broad S&P 500 index and Nasdaq's composite index noted record-high closing levels again.
Trump Considers Lawsuit Against Fed Chief Powell Over Renovation Costs
Business News

Trump Considers Lawsuit Against Fed Chief Powell Over Renovation Costs

A "greater atmosphere" in court can be expected. President Donald Trump hangs a threatening sword over the central bank chief Jerome Powell – at the same time as he once again demands a lowered interest rate
Wall Street Hits Record Highs After Key Inflation Data Released
Business News

Wall Street Hits Record Highs After Key Inflation Data Released

The stock market in New York rose to new record levels on Tuesday after important inflation statistics were released. Once again, the discussions are dominated by the possibilities of lowering the interest rate
US Stock Market Opens Cautiously Ahead of Key Inflation Data
Business News

US Stock Market Opens Cautiously Ahead of Key Inflation Data

New York stock exchange begins the trading week cautiously and with relatively small price movements downward, awaiting guiding inflation statistics later in the week.
Trump Fires Statistics Chief Erika McEntarfer After Weak Job Figures
Business News

Trump Fires Statistics Chief Erika McEntarfer After Weak Job Figures

Trump's decision to fire statistics chief Erika McEntarfer after the weak job figures is an attempt to get other leading bureaucrats to refrain from bringing bad news, according to USA expert Jan Hallenberg. It is not a good sign for the USA's future democratic development
Fed Board Member Adriana Kugler Resigns Early
Business News

Fed Board Member Adriana Kugler Resigns Early

Adriana Kugler, one of the members of the US central bank Federal Reserve's (Fed) board, will leave on August 8, reports American media.
Trump Criticizes Fed Chief Powell Again on Social Media
Business News

Trump Criticizes Fed Chief Powell Again on Social Media

USA's president Donald Trump's quarrel with the central bank chief Jerome Powell continues. Now he takes it a step further
US Inflation Exceeds Expectations in June
Business News

US Inflation Exceeds Expectations in June

US Stock Market Dips After Federal Reserve Interest Rate Decision
Business News

US Stock Market Dips After Federal Reserve Interest Rate Decision

Trade was cautious on the New York stock exchange ahead of Wednesday's interest rate decision from the central bank Federal Reserve, and the leading indexes rose slightly. But after the decision – that the key interest rate remains unchanged – many prices fell
Fed Keeps Interest Rate Unchanged Amid Internal Disagreement
Business News

Fed Keeps Interest Rate Unchanged Amid Internal Disagreement

The key interest rate in the USA remains unchanged by the central bank Federal Reserve (Fed). But the bank's board was not unanimous in Wednesday's decision: two members wanted to see a reduction of 0
US Stock Market Sees Broad Decline Amid Earnings Reports and Fed Decision
Business News

US Stock Market Sees Broad Decline Amid Earnings Reports and Fed Decision

Tesla Shares Rise 3% on $16.5 Billion Samsung Deal
Business News

Tesla Shares Rise 3% on $16.5 Billion Samsung Deal

Stock Markets Rise as EU-US Trade Agreement Eases Uncertainty
Business News

Stock Markets Rise as EU-US Trade Agreement Eases Uncertainty

Despite the exact details of the trade agreement between the EU and the USA not being known, the stock exchanges have reacted positively. There is nothing positive about tariffs, but I still think this is something of a wet blanket being removed now, says Frida Bratt, savings economist at Nordnet
Stockholm Stock Exchange Closes Week with Gains Led by Hexagon
Business News

Stockholm Stock Exchange Closes Week with Gains Led by Hexagon

The Stockholm stock exchange ended the trading week with light green numbers. With Hexagon as the locomotive, the OMXS index recovered after a day with mostly red numbers and closed up 0
Trump Says Firing Fed Chief Powell Unnecessary
Business News

Trump Says Firing Fed Chief Powell Unnecessary

USA's president Donald Trump implies that he has given up all thoughts of dismissing the central bank chief Jerome Powell. To do that is a big move and I do not think that it is necessary, he says according to CNBC
Wall Street Hits New Record Levels Amid Strong US Labor Market
Business News

Wall Street Hits New Record Levels Amid Strong US Labor Market

Again, the US labor market shows stubborn strength, which reduces the chances of a rate cut. At the same time, the New York stock exchange climbed to new record levels
Trump Reportedly Near Firing Powell, But Denies It
Business NewsTop News

Trump Reportedly Near Firing Powell, But Denies It

USA's president Donald Trump will likely fire central bank chief Jerome Powell shortly, reports American media with reference to sources in the White House. Highly unlikely, counters Trump – but leaves the door ajar
Trump Begins Process to Replace Fed Chief Jerome Powell
Business News

Trump Begins Process to Replace Fed Chief Jerome Powell

President Donald Trump is again demanding a lower interest rate in the USA. A "formal process" has already been initiated to nominate a replacement for the central bank chief Jerome Powell, according to the USA's finance minister Scott Bessent
Fed Chief Maintains Interest Rates Amid Tariff Uncertainty
Business News

Fed Chief Maintains Interest Rates Amid Tariff Uncertainty

The uncertainty is still too great about how President Donald Trump's import tariffs affect. Beth Hammack, head of the Federal Reserve (Fed) central bank's department in Cleveland, thinks it's still too early to lower the USA's interest rate
US Inflation Rises to 2.7% in May as Consumption Declines
Business News

US Inflation Rises to 2.7% in May as Consumption Declines

Core inflation in the USA rose to 2. 7 percent in May according to the so-called PCE measure
Stock Markets Surge After US-China Tariff Agreement
Business News

Stock Markets Surge After US-China Tariff Agreement

The Stockholm stock exchange ended the trading week on a high note across the board, in line with leading European stock exchanges. The market welcomed new tariff news from the US and China and seized on the Trump administration's hopes for more trade agreements
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