Market

BOJ Set to Consider Rate Hike Amid Trump Market Impact Concerns

Bank of Japan Governor Kazuo Ueda assesses the need for interest rate increases amidst expectations. Economists anticipate a hike, citing stable inflation and wage growth, while potential market turbulence from Trump's inauguration remains a consideration.

Published on: January 19, 2025, 02:00 AM UTC

Rent Growth Outpaces Rest of US in Midwest Region, Fueled by Strong Economy and Housing Shortage

Rent growth in the Midwest bucks national trend, threatening affordability in region with influx of residents and strong economy. Cincinnati, St. Louis, and Kansas City see some of the fastest-growing rents in the country, putting pressure on budgets and leading to tenant displacement. Despite affordability concerns, Midwest still remains more affordable than other regions, with minimum wage earners able to meet rent costs in under 40 hours a week in major cities.

Published on: January 18, 2025, 11:01 PM UTC

Tether: Digital Currency of Choice for Criminals and Terrorists, Scrutinized in Commerce Secretary Nominee's Ties

Tether: A Crypto Linked to Terrorism and Crime, Despite Its Stablecoin Promises

Published on: January 18, 2025, 11:00 PM UTC

Rising Midwest Rents Imperil Affordability in Historically Lower-Cost Region

Rent growth in the Midwest outpaces national average, with Cincinnati, St. Louis, and Kansas City experiencing some of the highest increases due to housing shortage and influx of residents seeking lower cost of living.

Published on: January 18, 2025, 10:01 PM UTC

Trump's Economic Challenges: Inflation, Interest Rates, Debt, and Slow Growth

President Biden is leaving his successor Donald Trump a strong economy, but challenges remain, including potential inflation resurgence, high interest rates, and a mounting national debt. Concerns exist about economic dynamism and GDP growth.

Published on: January 18, 2025, 10:00 PM UTC

Georgia Suspends Poultry Sales After Bird Flu Outbreak

Bird flu detected in Georgia commercial poultry operation, prompting suspension of poultry sales in the state.

Published on: January 18, 2025, 09:00 PM UTC

Midwest Rents Stay Elevated as Housing Shortage, Economic Strength Push Up Costs

Midwest Rents Surge, Threatening Affordability: Lack of supply, influx of residents driving up costs in major cities like Cincinnati, St. Louis, and Kansas City, Missouri.

Published on: January 18, 2025, 07:01 PM UTC

Economic Hurdles Facing Trump: Inflation, Interest Rates, and National Debt

President Joe Biden is leaving his successor, Donald Trump, with a strong economy, possibly the best since George W. Bush took office in 2001. Unemployment is low, COVID-era disruptions are largely over, and consumers have the spending power to keep the economy growing. However, Trump will also face challenges such as a possible resurgence of inflation, surprisingly high interest rates, and a gigantic national debt.

Published on: January 18, 2025, 07:00 PM UTC

Trump's Tariffs and Inflation: Headwinds for the Federal Reserve

President-elect Donald Trump's proposed policies could further complicate the Fed's path forward for interest rates. According to updated economic forecasts from the Fed's Summary of Economic Projections (SEP) published in December, the central bank sees core inflation hitting 2.5% next year, higher than its previous projection of 2.2%.

Published on: January 18, 2025, 06:01 PM UTC

Rising Yields Strain Regional Bank Balance Sheets as CRE Distress Reemerges

Surging Yields Strain Regional Banks' Balance Sheets Due to Commercial Real Estate Distress

Published on: January 18, 2025, 06:00 PM UTC