Fed Official Highlights Supply-Side Fix for Housing Crisis
A Fed official stresses focus on its dual mandate, pointing to housing supply as key to resolving the affordability crisis. Upcoming data will guide policy amid lingering gaps.
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Trump Warns of Potential US Government Shutdown on January 30
Former President Trump warns of a possible U.S. government shutdown on January 30 due to ongoing budget disputes, sparking concerns over political gridlock and disruption of federal operations.
Read MoreUS Bank Deposits Dip Slightly Last Week Amid Shifting Fund Flows
US bank deposits fell to $18.535 trillion last week, down $84 billion from the prior week, signaling shifts in liquidity behavior and raising investor attention on potential implications for monetary policy and financial stability.
Read MoreUS Stocks Surge: Dow and S&P Hit Record Highs Amid Tech-Led Rally
Major US indexes rose, with the Dow and S&P 500 setting new closing highs. Tech stocks led gains, as Intel surged over 10%, boosting market sentiment and investor confidence.
Read MoreWeak Job Growth Persists: Fed Warns of Inflation and Unemployment Risks
Recent jobs data show sluggish hiring and modest labor growth. Fed officials warn inflation remains above target and unemployment trends require close monitoring in the evolving economic landscape.
Read MoreHistoric Drop: US Mortgage Rates Fall Below 6%, Offering Relief to Homebuyers
US mortgage rates dropped below 6% for the first time in years, with the 30-year average at 5.99%. Driven by policy moves and market shifts, this offers relief to borrowers and could boost housing demand.
Read MorePump.fun Overhauls Creator Incentives: Token Launches Surge to 9-Month High
A major Solana-based token platform revamped its creator incentive model, introducing revenue splitting and ownership transfer, driving daily token launches to a nine-month high amid rising ecosystem activity.
Read MoreFederal Reserve Announces New Board Leadership Across 12 Regional Banks
The Federal Reserve has named new board chairs and vice chairs for its 12 regional banks in 2024. Leaders from major corporations and small businesses will provide economic insights that inform national monetary policy decisions.
Read MoreOpenAI and SoftBank Commit $1B to Power Next-Gen AI Data Infrastructure in U.S.
OpenAI and SoftBank each invest $500M in SB Energy to develop U.S. data center infrastructure, supporting AI growth. The project includes a 1.2GW Texas facility, signaling a major step in energy-tech integration.
Read MoreFederal Reserve's Reverse Repo Operations Rise to $3.28 Billion on Friday
On January 9, the Federal Reserve's overnight reverse repo facility reached $3.28 billion with 6 counterparties, up from $3.083 billion in the previous session.
Read MoreBNB Chain Makes Waves: $100M Incentive Ignites Meme Coin Frenzy
BNB Chain launches a $100M incentive initiative, strategically acquiring popular meme tokens with $50K allocations. The move aims to boost community engagement and accelerate on-chain innovation.
Read MoreS&P 500 Hits Record High Amid Surging Investor Confidence
The S&P 500 reached a new intraday high with a 0.6% gain, driven by strong tech performance and solid economic data, boosting investor sentiment and signaling further upside potential.
Read MoreMorgan Stanley Updates Forecast: Fed Expected to Cut Rates by 25 Basis Points in June and September
Morgan Stanley revises its forecast, anticipating 25-basis-point rate cuts from the Fed in June and September, signaling a shift in monetary policy timing.
Read MoreFed Official Warns: Inflation Remains Top Economic Challenge for US
Fed official highlights inflation as top US challenge, despite resilient economy and sustained high-end spending. Labor market softens but not yet weak. Focus remains on bringing inflation down.
Read MoreUS Q4 2025 Growth Forecast Revised to 5.1%: Economic Outlook in Focus
The Atlanta Fed's GDPNow model projects Q4 2025 U.S. growth at 5.1%, down from 5.4%. Despite the slight revision, the outlook remains robust, sparking fresh debate on inflation and future monetary policy.
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