INSANE: 36 | Rare Historical Photos

Weak housing market could imperil Australia's economy

The Reserve Bank says it will not hesitate to raise interest rates again if necessary, according to minutes from its latest board meeting.

AAP · Jun 30

Federal Reserve independence secures an important, but not final, victory at US Supreme Court

The Federal Reserve, under pressure from President Donald Trump to cut interest rates and bend to his will, just got an important assist from the U.S. Supreme Court.

The Conversation · Jun 29

US Supreme Court rejects Trump's unprecedented bid to fire Fed's Cook

The Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remove Governor Lisa Cook. The ruling highlights that Fed officials are appointed for set terms and can only be dismissed under specific circumstances, ensuring the central bank remains free from political…

The Economic Times · Jun 29

5-year Senior citizen FD interest rates up to 8.05%: SBI vs PNB vs HDFC Bank vs other banks

Senior citizens seeking secure investments are finding attractive options in fixed deposits, especially for 5-year tenures. Small finance banks are leading the pack, with Suryoday SFB and Jana Small Finance Bank offering a compelling 8.05% interest rate for senior citizens. This competitive landscape ensures older investors can secure stable, higher…

The Economic Times · Jun 27

Bitcoin struggles under $60,000 amid persistent ETF withdrawals. Here is what experts say

Bitcoin hovers below $60,000 as investors withdraw from spot ETFs, driven by concerns over rising US interest rates. Major altcoins saw mixed movements, with some gaining up to 4%. Analysts suggest a potential dip to $55,500-$56,000 if Bitcoin breaks key support. The overall market sentiment remains cautious, reflecting a broader…

The Economic Times · Jun 27

Gold gains as dollar weakens; still on track for fourth straight weekly loss

Gold prices saw a modest uptick on Friday, buoyed by a weaker dollar and slightly eased expectations of U.S. interest rate hikes following inflation data. Despite this rebound, gold is still on track for its fourth consecutive weekly dip. This slight recovery comes after hitting a seven-month low earlier in…

The Economic Times · Jun 27

Cashing Out: How Basel III and High Rates Triggered the Great Selloff in Gold Prices

Gold is plunging, but not because of investor panic. The Fed is quietly preparing to lower bank reserve requirements. Large banks are front-running this move, selling off gold to lock in profits and lend cash at high interest rates.

Barchart · Jun 26

Bitcoin down 20% since May as Strategy fallout spooks investors

Worries over Strategy and interest rates have pressured crypto, but Bitwise’s Matt Hougan argues the shakeout is setting up a new rally.

Fortune · Jun 26

If Interest Rates Fall, United Rentals Stock Could Skyrocket on a Building Boom

United Rentals (URI) hit a new record high on June 25. Shares are up more than 50% over the past year with strong technical momentum. The stock maintains a 100% technical “Buy” rating from Barchart and is up nearly 40% since the Trend Seeker issued a “Buy” at the end...

Barchart · Jun 26

This Single Factor Is Holding Back Carvana’s Disruptive Edge

Carvana’s business model is delivering results, but high interest rates may be limiting upside for CVNA stock despite strong earnings growth

MarketBeat · Jun 26