22:04 2025-07-10
The probability that the Federal Reserve will keep interest rates unchanged in July is 92.8%.According to the CME "Fed Watch", the probability that the Fed will keep interest rates unchanged in July is 92.8%, and the probability of a 25 basis point cut is 7.2%. The probability that the Fed will keep interest rates unchanged in September is 29.7%, the probability of a cumulative 25 basis point cut is 65.4%, and the probability of a cumulative 50 basis point cut is 4.9%.
21:52 2025-07-10
Robinhood CEO's artificial intelligence math startup valued at nearly $900 millionHarmonic AI, an artificial intelligence startup founded by Robinhood CEO Turneff, has raised $100 million to solve a problem that sometimes plagues artificial intelligence models: mathematics. Harmonic AI's Series B funding valued the company at $875 million. Harmonic plans to open its flagship artificial intelligence model, Aristotle, to researchers and the public later this year.
21:46 2025-07-10
Brazilian President: Will Negotiate Tariffs with the United States, If Ineffective, Will CountermeasuresAccording to CCTV coverage, after the United States announced that it will impose a 50% tariff on Brazilian goods from August 1, local time on July 10, Brazilian President Lula said in an interview that Brazil will negotiate tariffs with the United States, and if it fails, it will take reciprocal countermeasures. Lula said that Brazil will give priority to trying to negotiate tariffs and file a lawsuit at the World Trade Organization against the unilateral tariff measures imposed by the United S...
21:37 2025-07-10
Federal Reserve Governor Paul Waller: Stablecoins Can Boost Overall Demand for the DollarIt's a good thing that stablecoins will enhance competition in payment systems, Federal Reserve Governor Paul Waller said Thursday. Speaking at an event at the Federal Reserve Bank of Dallas, Waller said the rise of stablecoins will make many types of payments cheaper and faster. "As a free-market capitalist economist, my goal is to lower costs for households, consumers, and businesses through competition in the payments space," Waller said. He also said stablecoins may dampen demand for U.S. pa...
21:27 2025-07-10
White House officials have pressured Federal Reserve Chairperson Jerome Powell, accusing him of gross mismanagementA key Trump administration official said Federal Reserve Chairperson Jerome Powell had grossly mismanaged the institution and demanded more information about the renovation of the Fed's Washington headquarters. "The president is deeply troubled by your management of the Federal Reserve System," Vought, director of the Office of Management and Budget, wrote in a letter to Powell. "Instead of attempting to correct the Fed's fiscal position, you have refurbished Washington headquarters with great f...
21:27 2025-07-10
Trump may use presidential powers to ship weapons to UkraineUS President Donald Trump will use his presidential powers to deliver weapons to Kiev for the first time since taking office, two sources said on Thursday, in a move that signals his renewed interest in defending Ukraine. Trump's team will pick weapons from US stockpiles to ship to Ukraine under presidential authorisation, the sources said, which could be worth around $300 million. The aid package could include defensive Patriot missiles and offensive medium-range rockets, the sources said, but ...