Wall Street droops, dollar edges back after bumper Fed cut
Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.
September 18, 2024Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.
September 18, 2024Oil prices slipped lower on Wednesday as a rate cut announcement from the Federal Reserve raised worries about the health of the U.S. economy, while investors
September 18, 2024Most of the U.S. stock market edged lower after the Federal Reserve kicked off its efforts to prevent a recession with a bigger-than-usual cut to interest rates
September 18, 2024The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater
September 17, 2024Japan's core machinery orders unexpectedly fell 0.1% in July from the previous month, government data showed on Wednesday.
September 17, 2024The International Monetary Fund said on Wednesday that it has postponed planned economic consultations with Russia that were due to start this week to gather
September 17, 2024Australia's central bank has decided to prioritise work on a wholesale central bank digital currency (CBDC) as its economic benefits are judged to outweigh those of a retail version
September 17, 2024A look at the day ahead in Asian markets.
September 17, 2024Store operator Arko is planning to divest its convenience store operations in a deal that could be valued at around $2 billion, as it looks to abandon a
September 17, 2024Colombia's government will not modify the value of 523 trillion pesos ($123.9 billion) for its proposed 2025 budget, Finance Minister Ricardo Bonilla said in an
September 17, 2024U.S. prosecutors made a case for leniency for former FTX cryptocurrency executive Caroline Ellison when she is sentenced over her role in the exchange's
September 17, 2024BlackRock and Microsoft plan to launch a more than $30 billion fund to invest in artificial intelligence infrastructure to build data centers and energy projects, the companies said on
September 17, 2024Steve Cohen, billionaire founder of Point72 Asset Management, has stopped trading at the hedge fund although he is still making investment decisions as a co-chief investment officer
September 17, 2024Activist investor Elliott Investment Management told one of Southwest Airlines' top unions it still wants to replace
September 17, 2024A former auditor for FTX will pay $1.95 million to settle two U.S.
September 17, 2024France's economy is set to gain momentum in the coming two years as lower inflation boosts consumer spending, helping to offset the drag from government belt-tightening, the central
September 17, 2024Shares of Donald Trump's media company fell for a second session on Tuesday ahead of the end of restrictions on share sales by the former U.S. president and other
September 17, 2024The U.S. economy is not in a recession but labor-market weakness might worry the Federal Reserve enough to cut interest rates by 50 basis points on Wednesday,
September 17, 2024Lawyers representing Venezuela on Tuesday requested a four-month pause in a U.S. court-ordered auction of shares in a parent of Houston-based oil refiner Citgo Petroleum to pay
September 17, 2024JPMorgan Chase CEO Jamie Dimon plans to travel to Africa in mid-October in a push by the biggest U.S. lender to expand on the
September 17, 2024Walmart-owned Sam's Club said on Tuesday it would raise average hourly wages for nearly 100,000 of its workers, as part of a new employee compensation plan that will come into effect ahead
September 17, 2024JPMorgan Chase is in talks with Apple about replacing Goldman Sachs as the tech giant's credit-card partner, a source familiar with the matter said on Tuesday.
September 17, 2024The top U.S. regulator for consumer finance on Tuesday published legal guidance that it said would help stop banks from charging overdraft fees to customers who had not genuinely consented
September 17, 2024The S&P 500 rose to an all-time intraday high on Tuesday and was on track for a record close, lifted by investor confidence that the Federal Reserve is set to begin cutting interest rates,
September 17, 2024Chinese insurance broker Yuanbao on Tuesday filed for an initial public offering in the United States, signaling a broader recovery in investor appetite for new listings.
September 17, 2024