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The Federal Reserve lowered its benchmark interest rate by 25 basis points to a range of 3.75%-4.00%, marking the second consecutive cut this year as economic uncertainty deepens amid a prolonged government shutdown.
An investigation reveals the Trump family earned nearly $864 million in crypto-related ventures during the first half of 2025, raising ethics concerns amid links to foreign investors and regulated markets.
Gold hit a record $4,179 per ounce on Tuesday as investors piled into safe-haven assets amid escalating US-China trade tensions and expectations for deeper Federal Reserve rate cuts.
Gold prices surged to a record $4,000 per ounce, driven by renewed demand for safe-haven assets amid global market volatility and interest rate uncertainty.
A zero-bound interest rate is the situation when a central bank’s short-term nominal interest rate has been driven down to zero (or very close to it), limiting conventional monetary policy tools.
Gold surged to a record high above $3,800 per ounce Monday as investors rushed into safe haven assets amid fears of a U.S. government shutdown and growing expectations of Federal Reserve rate cuts.