Jerry Lin
The Latest
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Fed Cuts Rates by Quarter Point, Signals Two More Reductions Coming This Year
The Federal Reserve lowered interest rates by a quarter percentage point Wednesday and signaled two additional cuts before year-end, seeking to shore up a slowing labor market even as inflation remains elevated. 
The Federal Reserve lowered interest rates by a quarter percentage point Wednesday and signaled two additional cuts before year-end, seeking to shore up a slowing labor market even as inflation remains elevated. -
Mortgage Refinance Applications Soar 58% as Rates Hit 10-Month Low Ahead of Fed Cut
Mortgage refinance demand surged last week as U.S. interest rates fell to their lowest level since late 2022, sparking a rush among homeowners to lock in savings ahead of an anticipated Federal Reserve rate cut. 
Mortgage refinance demand surged last week as U.S. interest rates fell to their lowest level since late 2022, sparking a rush among homeowners to lock in savings ahead of an anticipated Federal Reserve rate cut. -
Gold Hits Record High as Fed Prepares Rate Cut, Demand Surges Amid Economic Uncertainty
Gold prices climbed to fresh records Tuesday, lifted by expectations that the Federal Reserve will cut interest rates this week and by a wave of investor demand seeking safety from economic and geopolitical turmoil. 
Gold prices climbed to fresh records Tuesday, lifted by expectations that the Federal Reserve will cut interest rates this week and by a wave of investor demand seeking safety from economic and geopolitical turmoil. -
Gold Hits Record $3,685 as Dollar, Yields Fall and Fed Rate Cut Looms
Gold surged to a fresh record high Monday as a weakening U.S. dollar, falling Treasury yields and heightened expectations for a Federal Reserve rate cut fueled investor demand for the precious metal, underscoring a broad shift toward safe-haven assets amid global economic uncertainty. 
Gold surged to a fresh record high Monday as a weakening U.S. dollar, falling Treasury yields and heightened expectations for a Federal Reserve rate cut fueled investor demand for the precious metal, underscoring a broad shift toward safe-haven assets amid global economic uncertainty. -
China Home Prices Drop 0.3% in August as Property Slump Persists, Investment Down 12.9%
China's housing slump deepened in August as new home prices fell for a fourth straight month, underscoring the persistent weakness in the property sector that continues to weigh on economic growth despite repeated rounds of policy support from Beijing. 
China's housing slump deepened in August as new home prices fell for a fourth straight month, underscoring the persistent weakness in the property sector that continues to weigh on economic growth despite repeated rounds of policy support from Beijing. -
U.S. Inflation Hits 2.9% as Jobless Claims Spike, Cementing Fed’s Rate-Cut Path
Consumer prices climbed faster than expected in August while jobless claims rose to their highest level in nearly four years, offering a mixed but ultimately dovish signal to the Federal Reserve ahead of its key policy meeting next week. 
Consumer prices climbed faster than expected in August while jobless claims rose to their highest level in nearly four years, offering a mixed but ultimately dovish signal to the Federal Reserve ahead of its key policy meeting next week. -
ECB Holds Rates at 2% as Eurozone Growth Stalls, Tariff Concerns Loom Over Outlook
The European Central Bank kept interest rates unchanged at 2% on Thursday, signaling a cautious approach as the eurozone economy struggles to gain momentum and uncertainty grows over the fallout from U.S. President Donald Trump's sweeping tariffs. 
The European Central Bank kept interest rates unchanged at 2% on Thursday, signaling a cautious approach as the eurozone economy struggles to gain momentum and uncertainty grows over the fallout from U.S. President Donald Trump's sweeping tariffs. -
Wholesale Prices Slip 0.1% in August, Strengthening Case for Fed Rate Cut
U.S. wholesale prices unexpectedly declined in August, adding momentum to expectations that the Federal Reserve will deliver its first interest rate cut in nearly a year at its meeting next week. 
U.S. wholesale prices unexpectedly declined in August, adding momentum to expectations that the Federal Reserve will deliver its first interest rate cut in nearly a year at its meeting next week. -
U.S. Job Growth Revised Down by 911,000, Exposing Weaker Labor Market
The U.S. economy added nearly a million fewer jobs than previously reported for the year ending in March, according to preliminary benchmark revisions released Tuesday by the Bureau of Labor Statistics (BLS). The sharp downgrade underscores concerns about the labor market's resilience and adds new pressure on policymakers to support growth. 
The U.S. economy added nearly a million fewer jobs than previously reported for the year ending in March, according to preliminary benchmark revisions released Tuesday by the Bureau of Labor Statistics (BLS). The sharp downgrade underscores concerns about the labor market's resilience and adds new pressure on policymakers to support growth. -
U.S. Job Growth Slows Sharply in August as ADP Reports Just 54,000 Private Payroll Gains
The U.S. labor market showed renewed signs of strain in August as private-sector employers added just 54,000 jobs, according to payroll processor ADP, falling short of economists' forecasts and marking one of the weakest monthly gains in more than a year. 
The U.S. labor market showed renewed signs of strain in August as private-sector employers added just 54,000 jobs, according to payroll processor ADP, falling short of economists' forecasts and marking one of the weakest monthly gains in more than a year.
