Page 40 - Two Worlds News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Been pressing the fed with ever greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retali...

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round o...

Oil prices end disproportionate weighting with the dow, components like exxon, chevron mobile dominating the scene. Lets go to Edward Lawrence with the latest from the white house on the trade front. Edward what are we hearing . It is fish. U. S. Trade Representatives Office filed to increase tariffs on last 300 billion of chinese imports from 10 to 15 . It will go into effect in two faces. First phase of 15 happens this sunday. You see items on the screen will be affected. The second batch goes on september 15th. Chinese reinstituted 25 tariffs on u. S. Cars sold in china. Increasing tariffs ...

Greater urgency to cut rates much more aggressively, but for now at least it seems the central bank is planning to take its own sweet time with only gentle rate cuts likely in the fall. The u. S. Economy, meanwhile, continues to perform well. With unemployment near a 50year low and wages rising. But theres a lot of uncertainty out there. The biggest source concerns the global economy. Now, when hes not picking on jay powell, the fed chair, the president s been going after china, raising tariffs on that countrys exports to the u. S. Beijing, of course, has retaliated. This weekend a new round o...

Wasnt just haven bonds being sold it was also Precious Metals. Gold is down and so is silver. The worst day for these Precious Metals going back to 2016. What makes this so interesting is the dollar index is flat. Investors just wanted out of the haven assets. Thats not entirely surprising. Looking at the gold chart that goes back over the last five years, we have seen gold stuck in a huge range between 1200 and 1400 area right now moving this year moving above it. We have seen the indicator put in lower highs meaning that we could see some consolidation for gold coming up ahead. If not for tr...