Powell says Fed is awaiting ‘greater clarity’ on Trump policies before making next move on rates

Key Points

Federal Reserve Chairman Jerome Powell said Friday that the central bank can wait to see how President Donald Trump’s aggressive policy actions play out before it moves again on interest rates.
“We do not need to be in a hurry, and are well positioned to wait for greater clarity,” the central bank chief said at a policy forum in New York.

Source

Finance

China EVs in 2026 look less like a boom and more like a survival test as global expansion ramps up

December 30, 2025

Key Points China’s new energy vehicle market is set to see more price competition next year as overall growth slows, analysts predict. Domestic saturation is pushing Chinese automakers such as BYD to expand overseas, including opening local factories. Foreign carmakers still see opportunity, but competition is tightening fast. Source

Finance

Stocks making the biggest moves midday: Nvidia, Ultragenyx Pharmaceutical, Newmont, DigitalBridge & more

December 29, 2025

Check out some of the stocks making the biggest moves in midday trading. Ultragenyx Pharmaceutical – Shares cratered more than 40% after Ultragenyx announced that its bone disease drug setrusumab fell short of expectations in two trials. “Neither study achieved its primary endpoint of reduction in annualized clinical fracture rate compared to placebo or bisphosphonates,” […]

Silver tops for first time, then stages dramatic reversal overnight

Finance

Silver tops $80 for first time, then stages dramatic reversal overnight

December 29, 2025

Key Points Silver slid more than 3% on Monday, after topping $80 for the first time ever in overnight trading. The precious metal was still higher by more than 155% year to date. It started 2025 trading above just $20 per ounce. That has helped the precious metal outperform even gold this year. Source