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Elite Financial Group

David Tepper says Fed could cut a few more times, but easing too much risks entering ‘danger territory’

by Elite Financial Group | Sep 18, 2025 | Financial Services

His comments come after the central bank lowered interest rates by a quarter point Wednesday, while signaling two more reductions are coming this year.Read More…

American Express unveils refreshed Platinum card with $895 annual fee, upping the ante in luxury cards

by Elite Financial Group | Sep 18, 2025 | Financial Services

American Express’ move highlights an arms race of sorts when it comes to catering to wealthy consumers. JPMorgan and Citi released updated or new cards recently.Read More…

Huawei touts ‘world’s most powerful’ AI chip cluster as Nvidia’s China challenges mount

by Elite Financial Group | Sep 18, 2025 | Financial Services

The company said it plans to launch the new supercluster as soon as next year.Read More…

Fed forecasts only one rate cut in 2026, a more conservative outlook than expected

by Elite Financial Group | Sep 17, 2025 | Financial Services

The Fed’s dot plot, which shows 19 individual members’ expectations, indicates a median estimate of 3.4% for the federal funds rate at the end of 2026.Read More…

China keeps tight grip on rare earths, costing at least one company ‘millions of euros’

by Elite Financial Group | Sep 16, 2025 | Financial Services

The European Chamber of Commerce in China said that after a pickup in rare-earth export license approvals this summer, members have found it harder to get access.Read More…

Fed set to cut rates, but forecast for rest of 2025 is key to markets with politics clouding the picture

by Elite Financial Group | Sep 16, 2025 | Financial Services

While the rate decision is fairly pretty much in the bag, what happens from there is anybody’s guess.Read More…
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