As US President Trump, Ukrainian President Zelensky, and European leaders discussed possible negotiations with Russia, on August 19th local time, the spot gold price dropped sharply, touching its lowest level since August 1st.
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The new book "Debt Control: Risk and Consumer Bankruptcy," co authored by Robert M. Lawless, a law professor at the University of Illinois, delves into the difficult financial lives of American bankruptcy applicants and presents worrying trends and issues behind them.
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Recently, Federal Reserve Chairman Powell will give a speech at the Jackson Hole Global Central Bank Annual Meeting.
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In the economic landscape of South Korea, the semiconductor industry has always been the "stabilizing anchor".
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Two weeks ago, US Treasury Secretary Janet Bessent was still making a high-profile prediction that the Federal Reserve would cut interest rates by 50 basis points in September and declared that the benchmark interest rate should be significantly reduced by 150 to 175 basis points.
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On August 16, 2025, the Federal Reserve announced the official cancellation of the "Novel Activities Supervision Program" for banks' cryptocurrency and fintech activities, bringing these activities under the regular banking regulatory framework.
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In Thursday's Wall Street stock market trading, most stocks fell after a disappointing report stated that wholesale inflation in the United States was worse than economists had expected last month.
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On August 12 local time, the US Treasury Department released data showing that the total amount of US national debt exceeded 37 trillion US dollars for the first time, approximately 1.27 times the nominal GDP of the United States in 2024.
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On August 6 local time, a seemingly accidental but meaningful event occurred in the US financial market: the yield of US bonds of all maturities suddenly soared in a short time, and the yield of 10-year treasury bond jumped from 4.225% to 4.282% in just five minutes, up nearly 6 basis points.
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Recently, according to Reuters' global tariff Tracker data, global companies that reported profits this quarter expect the profit shock related to trade policies to reach approximately 15 billion US dollars in 2025.
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On October 16, 2025, two "no-confidence motions" against French Prime Minister Lecornu in the National Assembly ended in failure.
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