Investor Martin Shkreli, popularly known as "Pharma Bro," pushed back against criticism on this recent short position on iBuying platform Opendoor Technologies Inc. (NASDAQ: OPEN), which is rallying amid the Federal Reserve's rate cuts on Wednesday.
The FOMC voted 11-1 to cut the federal funds rate by a quarter percent, setting the interest rate between 4 and 4.25 percent. The committee projected two more cuts before the end of the year.
Leading economists are reacting to the Federal Reserve's decision to cut interest rates by 25 basis points on Wednesday, with some lauding the central bank's independence, and others warning of difficult times ahead.
In this video, Ira Epstein discusses the recent financial market activities, focusing on the Fed's decision to cut interest rates by a quarter point due to inflation concerns linked to tariffs and a softening labor market.
The recent decision by the U.S. Federal Reserve to cut its benchmark interest rate has sent reverberations across the global financial landscape, marking a pivotal moment for international capital flows, emerging economies, and the monetary policy decisions of central banks worldwide. This move, a direct response to evolving domestic
The Federal Reserve delivered its first interest rate cut of 2025 on September 17, adjusting the benchmark federal funds rate target range to 4.00%-4.25% with a 0.25% reduction. This highly anticipated "risk management cut" is a strategic move to address a softening economy and concerns over
The U.S. Federal Reserve’s recent decision to cut interest rates has sent a tremor of concern through financial markets, sparking fears of a potential return to stagflation—an economic phenomenon characterized by the unsettling combination of stagnant growth, high unemployment, and persistent inflation. This unprecedented monetary easing comes
The Federal Reserve's recent decision to cut interest rates has sent ripples through global financial markets, ushering in a period of anticipated volatility and uncertainty. While intended to stimulate economic activity by lowering borrowing costs, this pivotal move also signals a complex economic landscape that investors and consumers alike must
In a landmark decision signaling a profound shift in its monetary policy stance, the Federal Reserve cut its benchmark interest rate by 0.25% in September 2025. This move, bringing the federal funds rate to a target range of 4.00%-4.25%, marks a critical pivot from a protracted
Bitcoin failed to break out of its range, but other major coins rose on Wednesday as the Federal Reserve implemented its first interest rate cut of the year.
There was one outlier to the Fed targets who wants another 125bp in cuts this year. Most likely, that outlier was from the new Fed appointee Stephen Miran. He was also the only dissenting voice who wanted a 50bp cut at this meeting.
The Federal Reserve cut interest rates by 25 basis points today as widely expected. But after an initial surge higher, the gold and silver prices came crashing back down.
Today, he oversees a diverse portfolio of properties throughout the Northeastern United States. Boris Mizhen is considered invaluable to developers within the industry, having invested in New York City properties and headed marketing technology firms staffed by highly trained and experienced professionals.
GBP/USD surged into its highest bids in eleven weeks on Wednesday, bolstered by a spat of broad-market Greenback weakness after the Federal Reserve (Fed) delivered its first interest rate cut of the year...
Gold price tumbles after the Federal Open Market Committee (FOMC) decided to cut rates by 25 basis points, signaling that further easing is expected in 2025.
The financial markets are abuzz following the Federal Reserve's recent decision to cut interest rates, a move widely interpreted as an attempt to inject new vigor into the economy. This policy shift immediately reduces the cost of borrowing for corporations, a critical factor influencing decisions on new investments and hiring.
The financial landscape is shifting, presenting a significant challenge for millions of savers and individuals who rely on interest income. As central banks worldwide move towards a rate-cutting cycle, the immediate implication is a noticeable reduction in returns on deposits and fixed-income investments. This environment, while intended to stimulate economic
