Global financial markets experienced significant turbulence on July 16, 2025, as political uncertainty in Washington intersected with fresh economic data, prompting investor caution across major asset classes. The day’s volatility was initially triggered by widespread reports that President Donald Trump was considering dismissing Federal Reserve Chair Jerome Powell, fueling fears of political interference in centralContinue reading “Markets Jittery as Trump-Powell Fallout and Tariff-Driven Inflation Roil Global Economy”
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Nasdaq, global financial markets reach record highs
The Nasdaq and other financial markets around the world rallied sharply on July 17, 2025, buoyed by unexpectedly strong economic data from the United States and better-than-anticipated corporate earnings reports, despite lingering political tensions surrounding President Donald Trump’s criticisms of Federal Reserve Chair Jerome Powell. Investor sentiment found footing after a series of upbeat economicContinue reading “Nasdaq, global financial markets reach record highs”
Jeffries Quarterly Earnings Slump
Here’s a rewritten version of the Reuters article with fresh structure and phrasing: Jefferies Q2 Profit Takes a Hit as Equity Underwriting Slumps, But Deal Outlook Improves** Earnings slide; advisory revenue shines Jefferies Financial Group reported a nearly 40% year-over-year drop in Q2 net income, slumping to \$88 million (40¢ per share), underperforming analyst expectationsContinue reading “Jeffries Quarterly Earnings Slump”
NYC Journals 