Category : Markets
US Treasury Chief Bessent Proposes Fed 'Veto' Over Regional Bank Presidents
Treasury Secretary Scott Bessent proposes a three-year residency rule for Federal Reserve bank presidents, potentially increasing White House influence over the independent central bank. Read the full analysis.
Barefoot Investor Warns Silver Hype Masks Poor Long-Term Wealth Building
Scott Pape cautions investors about silver
Asian Markets Mixed as Tech Surges, China Slumps on Factory Data
Asian markets diverged on Wednesday. Japanese and Korean tech stocks soared, while Chinese indices fell on weak factory data. Bitcoin rebounded above $94,000. Get the full analysis.
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Asian Markets Plunge as Iran Conflict Widens and Oil Prices Surge
Asian shares extended losses on Wednesday amid a global sell-off, with oil prices climbing higher due to escalating conflict with Iran, raising inflation and economic growth concerns.
Apple Warns Chip Shortage Hits iPhone Sales as New CEO Prepares to Take Over
Apple reports strong sales growth but warns iPhone sales are hurt by chip shortage. Outgoing CEO Tim Cook flags supply issues as John Ternus prepares to take over in September.
AI Bubble Fears Rattle Wall Street After Nvidia-Fuelled Rally Fades
Wall Street tumbles as AI bubble fears resurface, despite Nvidia
