July 8, 2025
Sydney 29

US Fed pauses rate cuts again says ‘great deal of uncertainty’ over Trump’s tariffs

File photo: US federal reserve chair Jerome Powell (Picture credit: AP) US Federal Reserve Chair Jerome Powell on Wednesday warned that US President Donald Trump’s escalating and uncertain tariff policies could force the central bank into a difficult position where its key objectives, low inflation and maximum employment, might come into conflict. “I think there’s […]

US consumer confidence sinks to 5-year low driven by tariffs, recession fears

AI-generated image (Credit: Bing image creator) American consumer confidence in the economy has dropped to its lowest level since the onset of the Covid-19 pandemic. The Conference Board reported a sharp 7.9-point decline in April, bringing the index down to 86, marking the lowest reading since May 2020. The decline is being largely attributed to […]

Zerodha CEO Nithin Kamath to investors: Over the next 10 days, there are only …

Zerodha CEO and co-founder Nithin Kamath has advised investors to step back from trading during the upcoming shortened trading weeks. In a post on X, Kamath pointed to increased market volatility and stressed the need for mental clarity and preparation to trade profitably. Nithin Kamath’s advice Kamath pointed out that over the next 10 days, […]

Global markets crash as Donald Trump tariff blitz sparks panic and retaliation

Representative AI image generated by Denny NEW DELHI: Asian stock markets nosedived on Monday as global financial turmoil deepened, triggered by US President Donald Trump’s sweeping tariffs and China’s retaliatory measures. With fears of a full-blown trade war mounting, US futures pointed to further losses on Wall Street, compounding Friday’s historic meltdown.Tokyo’s Nikkei 225 fell […]