Macro

Dow Futures Drop 300 Points as Oil Climbs and Fed Bets Rise

Dow futures dropped roughly 300 points Tuesday as climbing oil prices, Fed rate-hike bets and US-Canada trade tensions pressured Wall Street.

Business Khaled Ayoub -

Social Security COLA for 2027 May Reach 3.6%, Highest in Three Years

Analysts estimate the 2027 Social Security cost-of-living adjustment could reach 3.5% to 3.6%, the highest in three years, raising average checks by about

America Aarav Shen -

Trump and Hegseth Invoke Iran War in 9/11 Memorial Remarks at Pentagon

President Trump and Defense Secretary Hegseth used 25th-anniversary 9/11 remarks at the Pentagon on Friday to defend the US-Israel war on Iran.

America Aarav Shen -

US Marks 25 Years Since 9/11 as Post-Attack Wars Kill 4.5 Million

The US commemorated the 25th anniversary of 9/11 as post-attack wars are estimated to have killed 4.5 million and displaced over 38 million people.

America Aarav Shen -

Micron Offers Taiwan Staff Up to 68 Months’ Pay as Strike Looms

Micron told employees on September 11 its Taiwan workers could receive up to 68 months of pay, its largest-ever reward, as a strike threat loomed.

Business Aarav Shen -

Latest

Dow Futures Drop 300 Points as Oil Climbs and Fed Bets Rise

Dow futures dropped roughly 300 points Tuesday as climbing oil prices, Fed rate-hike bets and US-Canada trade tensions pressured Wall Street.

Netherlands Moves $10bn in Gold From US and Canada to London

The Dutch central bank has shifted about $10 billion in gold from the US and Canada to the Bank of England, citing crisis preparedness and faster tradabili

Fed’s Waller Backs Holding Rates Steady at September Meeting

Fed Governor Christopher Waller said Wednesday he would support keeping rates unchanged at the September meeting if inflation continues to cool.

ADP Says U.S. Firms Added Just 38,000 Jobs in August, a 7-Month Low

U.S. private employers added 38,000 jobs in August, ADP reported Wednesday — the smallest gain since January and below expectations, pointing to a summer h

Dow Falls Below 50-Day Average, Tests 52,800 Support as RSI Signals Oversold

The Dow Jones fell below its 50-day moving average and tested 52,800 support, with an oversold RSI and the 200-day average near 53,173 in focus.

Bessent Urges Japan to Hike Rates and Strengthen Yen

US Treasury Secretary Scott Bessent called on Japan to raise interest rates and steady its finances, pointing to a possible Bank of Japan hike in September

US Stock Futures Fall as Iran Strikes and Fed Rate Bets Rattle Traders

US stock futures dropped Monday as strikes on Iran and rising Fed rate-hike bets rattled traders, with Trump vowing further action against Tehran.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Warsh Heads to Jackson Hole Without Clear Inflation Signal, Markets Watch Closely

Fed Chairman Kevin Warsh heads to Jackson Hole without a firm inflation position, as prediction markets bet he avoids mentioning rate cuts.

US Inflation Holds at 3.7% in July, Well Above Fed’s 2% Target

US PCE inflation held at 3.7% in July, above the Fed's 2% target, as core prices stayed at 3.3% and second-quarter GDP was unrevised at 1.5%.

US National Debt Tops $40 Trillion, Doubling in a Decade

US public debt topped $40 trillion on Tuesday, the Treasury said, doubling over a decade as deficits, interest costs and spending climb.

Fed Officials Signal Rate Hike if Inflation Fails to Cool, Minutes Show

Federal Reserve minutes from the July meeting show officials divided on inflation, with growing support for raising interest rates if price pressures persi