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21/05/2025
The Fed's Harker: White House tax bill makes economic forecasting more complex.
Latest
5 m ago
On May 20th local time, the Federal Aviation Administration of the United States issued a temporary order requiring a reduction in the arrival and departure rate of flights at Newark Airport in New Jersey. The restriction went into effect immediately on that day. It was reported that Newark Airport had experienced a series of equipment malfunctions, runway construction, and staffing issues, leading to traffic chaos. The FAA stated before meeting with airlines to discuss flight reductions that the airport was clearly unable to handle the current level of scheduled flight operations. (CCTV News)
5 m ago
The FAA issued a temporary order requiring a reduction in flights at Newark Airport.
8 m ago
Due to concerns about the growing debt and deficit of the US government, traders are betting that long-term bond yields will soar, while President Trump's tax cuts make the situation even more precarious. The bleak economic outlook has stimulated hedging activities in US Treasury options, with investors aiming to increase long-term bond yields by the end of the year. The latest round of downward bets is in line with the sentiment on Wall Street, as strategists from Goldman Sachs to JPMorgan are all raising their yield forecasts.
8 m ago
Selling caused low risk sentiment, and traders are preparing for the 10-year US Treasury yield approaching 5%.
11 m ago
WhatsApp co-founder Brian Acton said at the hearing that before the company was acquired by Facebook (later renamed Meta Platforms), they had no intention of creating social networking features to compete with Facebook.
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