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AI semiconductor revenue at Broadcom could double this quarter after seeing 74% growth in the latest period.
GBP/USD is holding firmly in bullish territory heading into the tail end of the week, but Cable bidders ran into a technical resistance point at the 1.3400 handle on Thursday. The Federal Reserve (Fed) delivered a third straight interest rate cut this week, bolstering broad-market risk appetite and pushing the US Dollar (USD) into the low side across the board.Fed Chair Jerome Powell cautioned following the Fed’s latest interest rate trim that further moves on rates are less than likely heading into 2026, and the majority of Fed policymakers see barely two more interest rate cuts over the next two…
Tax-law changes may allow you to increase the transaction you had planned.
The Federal Open Market Committee (FOMC) lowered the federal funds rate by 25 basis points for the third straight meeting on Wednesday.The rate is now at the 3.50% to 3.75% range – the lowest it has been since September 2022.As has been the case in recent meetings, there was a split on the committee with three dissenting votes. FOMC member Stephen Miran voted no, seeking a 50-basis point reduction, while Austan Goolsbee and Jeffrey Schmid voted no, favoring no rate cut.Along with the rate cut, the FOMC also released its quarterly summary of projections, or dot plot. The dot plot…
The Federal Reserve has cut interest rates, possibly for the last time for a while. What’s the best move home buyers and homeowners can make right now — and what could be a costly mistake?
Current Interest Rates How the 2026 FOMC Shake-Up Could Reshape Federal Reserve Policy Current Interest Rates Just weeks ago, money markets were pricing in a 70% chance the Federal Reserve would not cut rates on December 10. In an abrupt shift, markets flipped, and rate-cut odds surged to 84%, strongly favoring a 25-basis-point reduction. If the FOMC follows the market’s lead, investors will be watching not only the policy statement but also how many voting members dissent, a key signal for the path of rate cuts in 2026. But there’s another major wild card: the 2026 makeup of…
Rising Treasury yields could be an roadblock for small caps, but fundamentals finally have started to improve, says one money manager.
EUR/USD trades with limited direction on Tuesday, holding around 1.1640 at the time of writing as market participants avoid taking major positions ahead of Wednesday’s Federal Reserve (Fed) meeting. Expectations are firmly anchored as Futures markets assign nearly a 90% chance to a 25-basis-point rate cut, according to the CME FedWatch tool.The US Dollar (USD) remains subdued despite Monday’s brief support from higher Treasury yields and a temporary rise in risk aversion following the earthquake in Japan. The US Dollar Index (DXY) continues to hover near six-week lows, with investors awaiting the tone of the policy statement, potential updates to…
With SpaceX’s valuation expected to skyrocket, its CEO largely credits satellites, rocket launches — and the company’s plan to solve a major AI-industry problem.
When most people think of gold rushes, they imagine California in 1849 or the Klondike in the Yukon. But one of the most transformative rushes happened halfway around the world, in Australia’s rugged landscape. The New South Wales Gold Rush of 1851 didn’t just change the trajectory of a struggling British colony, it reshaped global gold markets and laid the foundation for Australia’s place as one of the world’s leading gold producers. The Discovery That Changed Everything In February 1851, Edward Hargraves, an adventurer who had tried his luck in California, struck gold near Bathurst, New South Wales. He recognized…