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At the centre of the global trade war lies a surprising US grievance: the dollar’s position as the global reserve currency.
The trading action Wednesday hinted at how Wall Street would react if Trump actually removed Powell — a prospect that ...
For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal ...
The rate, which slightly exceeded the 5.1 per cent average estimate from analysts polled by Reuters, positions Beijing to hit ...
Equity-index futures for the S&P 500 fell 0.2% in early trading Thursday following a 0.3% gain for the index after President Donald Trump played down the prospect he may soon fire Powell ...
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Dollar weakens but US stocks soar
Why are US stocks going up while the dollar is going down? US equity markets hit fresh record highs last week. This defied the dollar’s worst performance since 1973, as corporate America’s AI ...
The dollar recouped some of Wednesday’s losses and Treasuries slipped after markets had a volatile session on speculation about the future of Federal Reserve Chair Jerome Powell.
Jamie Dimon, recently shared a personal anecdote about the day he was fired from Citigroup and the impact it had on his ...
JPMorgan Chase CEO Jamie Dimon slammed New York City mayoral candidate Zohran Mamdani as "more a Marxist than a socialist" ...
JPMorgan Chase (NYSE:JPM) is reportedly preparing to offer loans backed by cryptocurrencies such as Bitcoin (CRYPTO: BTC) and ...
A number of other Wall Street hotshots stayed away, too — sending non-executive underlings in their place, according to ...
Tyler Winklevoss, co-founder of cryptocurrency exchange Gemini, accused banking giant JPMorgan Chase & Co. (NYSE:JPM) and its ...