Wall Street Reacts To Powell’s “Risk-Management” Rate Cut
As Powell begins his presser, Wall Street’s kneejerk comments start coming in to what the Fed Chair just characterized as a “risk management” rate cut… similar to the rate cut he …
Watch Live: Will Fed Chair Powell Push Back Against The Dovish Dots?
Having delivered the 25bps rate-cut that President Trump had been hoping for, Fed Chair Powell is now facing the gauntlet of a press conference with one governor who has …
US Regulators Investigate Tesla Door Handles After Complaints Of Entrapment
In what could be a gentle reminder to Elon Musk that President Trump is still the boss, the US National Highway Traffic Safety Administration (NHTSA) has opened an…
Discord Scrutinized In Kirk Assassination, Used By Canadian Far-Left Networks To Circulate Political Target Files, Lawyer Says
Submitted by The Bureau’s Sam Cooper,
Discord, the communications platform now under scrutiny as U.S. investiga…
EU Proposes Freezing Israel Trade Pact As Smotrich Declares Gaza ‘Real Estate Bonanza’
On Wednesday the European Commission presented a proposal for new tariffs and sanctions aimed at pressuring Israel to quickly end its military operation…
Goldman: Four Questions Investors Are Asking About Walmart
At the start of September, Goldman hosted its 32nd annual Global Retailing Conference, followed by last week’s technology forum. It’s been a packed first half of the month for Gol…
Dr Strangecurve
By Michael Every of Rabobank
As Christian Lawrence notes in ‘Under Pressure’, we expect a 25bps rate cut today. However, as the Wall Street Journal puts it, this is “the strangest Fed meeting in years” as “Consequential an…
General Mills Beats On Profit, Reaffirms Outlook Amid Sluggish Sales And At-Home Dining Trend
General Mills reported first-quarter earnings that exceeded Wall Street’s expectations, driven by a divestiture gain, despite slower sales. The m…
WTI Extends Gains AFter Biggest Crude Build In 3 Months
Oil prices leaked lower overnight after a three-day advance as traders assess the fallout from Ukrainian attacks on Russian energy infrastructure and a Federal Reserve interest rate d…
Bank Of Canada Resumes Rate Cuts After 6 Month Pause
The Bank of Canada cuts rates by 25bp to 2.50%, as expected. This was the 8th consecutive rate cut since the easing cycle started one year ago, and took place after the bank paused follo…
Recent Comments