Asia market update: Still awaiting Trump reciprocal tariffs; China offers to help end Ukraine War; Asian equities follow US ...
Shipowners are growing uneasy, fearing that Trump’s suggestion of taking over Gaza could trigger a resurgence in Houthi ...
The U.S. dollar slumped to an eight-week trough to the yen and lingered near a one-month low versus sterling on Thursday, as ...
Wall Street was mostly lower on Wednesday despite US employment growth picking up last month by more than expected.
Price pressures picked up in the fourth quarter, stalling the progress in lowering inflation. The central bank kept rates ... reduced its benchmark overnight interest rate by 100 basis point ...
"Because Jay Powell and the Fed failed to stop the problem they created with Inflation ... interest rates "much better" than the Fed, will try to influence the central bank in its future rate ...
Fed Chair Jerome Powell said Wednesday that inflation remains elevated; but the labor market is solid, and the economy is strong, so the central bank doesn’t have to hurry more rate cuts.
Trump said the tariff on oil imports from Canada would likely be set at a lower rate ... piggy bank." He downplayed the impact on American consumers. "Tariffs don't cause inflation.
Despite the currency market anxiety, stocks pushed higher - with index futures adding to Thursday's Wall Street gains as the world's most valuable company Apple rallied 4% ahead of today's bell. Apple ...
The Bank of Canada lowered its overnight rate by 25 bps ... what that would do to inflation, to GDP, to exchange rates. And there, as no surprise, it would be a pretty substantial shock to ...
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