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CME FedWatch data shows a 70.6% probability the Fed holds rates steady in July. Market attention shifts to September, with over 80% odds priced in for either a 25 or 50 basis point hike, signaling tighter policy ahead.
Read MoreIsraeli PM Netanyahu and US President Trump held a 90-minute White House meeting, focusing on three Iran strategies: pursuing a deal, maintaining blockade and economic pressure, or resuming military strikes. Netanyahu expressed skepticism about a US-Iran agreement, noting Iran's leverage in the Strait of Hormuz.
Read MoreUS Republicans are reportedly considering raising the debt ceiling unilaterally before the midterms to avoid high-stakes negotiations with Democrats. This move could help the Trump administration sidestep a potential fiscal cliff, as independent forecasts warn the deadline to avoid default may coincide with the 2028 primary season.
Read MoreThe July Fed FOMC meeting revealed a notable shift, with the rate decision passed by a 9-3 vote, including three explicit votes for hikes. This contrasts sharply with the previous unanimous 12-0 vote, highlighting growing internal divisions over inflation and policy path, signaling increased uncertainty ahead.
Read MorexAI has rolled out a significant update for its AI assistant, Grok. Version 4.5 is now officially available in the Grok Build environment and is accessible to all subscription plan users via the Cursor platform, marking a notable leap in model capabilities.
Read MoreFollowing the July Fed rate decision, market sentiment shifted. The three major US stock indices pared earlier losses, with the Dow and S&P 500 seeing reduced declines, while the tech-heavy Nasdaq Composite turned positive, highlighting a complex market reaction and sector divergence.
Read MoreOn July 30, the Federal Reserve held its benchmark interest rate steady at 3.50%-3.75%, marking the fifth consecutive meeting without change. The decision reflects continued caution amid inflation concerns and economic uncertainty, with markets closely watching for future policy signals.
Read MoreDespite President Trump's pressure on Fed Chair Wash for rate cuts, market and internal Fed concerns over inflation are mounting. Geopolitical tensions, tariffs, and strong consumption fuel hike expectations. Analysis suggests if the Fed tightens, Trump's criticism may target other officials, not Wash.
Read MoreFollowing SpaceX's post-IPO volatility, Wall Street firms are launching structured notes linked to its stock. These products offer downside protection (up to 50% loss coverage) while capping potential gains. At least five financial institutions have filed regulatory plans for such instruments.
Read MoreMajor Wall Street bank stocks, including Goldman Sachs and Morgan Stanley, fell sharply Wednesday. The sell-off was driven by rising doubts about AI sustainability following SK Hynix's results and uncertainty ahead of the Federal Reserve's imminent rate decision, pressuring the financial sector.
Read MoreGoogle's DeepMind has disbanded the core team behind AlphaFold, the Nobel-recognized AI system. Key original authors have been reassigned over the past year, signaling a strategic realignment of the lab's research priorities and raising questions about the project's future trajectory.
Read MoreAn economist predicts the Fed will hold rates steady with a largely unchanged policy statement. Market attention centers on potential nuances in Powell's press conference remarks regarding inflation and future communication.
Read MoreIntensifying Middle East conflict triggered a sharp spike in oil prices, lifting U.S. Treasury yields as inflation fears resurfaced. Market attention now pivots to the upcoming Federal Reserve policy decision, with investors weighing the impact of renewed geopolitical risks on monetary policy.
Read MoreOn July 30, Brent crude oil surged past $88 per barrel, recording a sharp daily gain of 7.4%. The rally is attributed to escalating geopolitical tensions, tightening supply expectations from major producers, and positive macroeconomic indicators.
Read MoreOn July 30th, US stocks faced significant selling pressure, with all three major indices falling over 1%. The Dow Jones led losses, dropping 1.6%, followed by the Nasdaq and S&P 500. The broad decline signals a sharp shift in market sentiment and rising investor caution.
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