US Justice Dept to ramp up staffing for immigration cases
Australia household spending rises for fourth month in January
Trump policy change prompts bid to dismiss foreign agent case
China’s foreign minister criticizes US tariffs and accuses the country of ‘meeting good with evil’
US dollar struggles near 4-month low amid growth concern; jobs data in spotlight
SpaceX Starship failure prompts diversions, Florida airports ground stops
The photographer capturing the ‘indescribable magic’ of Australia’s landscapes
King Charles reveals music soundtrack to his life to mark Commonwealth Day
News|US
Yellen: no impact on US Treasury market from ICBC hack
U.S.
Latest From Ann Saphir
News|Uncategorized|US
APEC San Francisco protesters span gamut of political issues
A lively crowd gathered on a sunny Sunday in San Francisco to protest a meeting of cross-Pacific political leaders and a wide spectrum of
Arts|Business|Lifestyle
On sidelines of APEC, 'Gaypec' shows off San Francisco's LGBTQ pride
Drag performers in pink frills and red frocks took to the stage in San Francisco at an event local organisers hoped would be the perfect party for Asia Economic
Economy|Finance|News|US
With Fed likely done hiking rates, Waller flags pivot ahead
Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing
Business|Economy|Finance|Stock Markets|US
With Fed likely done hiking rates, Waller flags pivot ahead
Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing
Business|Economy|Finance
Fed hawks, Fed doves: What U.S. central bankers are saying
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the
Business
As inflation cools, Fed officials signal rate hikes likely done
By Ann Saphir and Michael S.
Business|Economy|Finance|US
Fed pivot to interest-rate cuts seen likely to start in May
A stronger-than-expected U.S. labor market won't keep the Federal Reserve from pivoting to a series of interest-rate cuts next year, but it could take until May for it to
Business|Economy|Finance|News|US
With rate hikes likely done, Fed turns to timing of cuts
The Federal Reserve left interest rates unchanged on Wednesday and U.S. central bank chief Jerome Powell said the historic tightening of
Business|Economy|Finance|US
US 30-year mortgage rate drops to 6.83%, its lowest since June
The interest rate on the most common type of U.S. home mortgage dropped last week to 6.83%, its lowest since June, as the Federal Reserve signaled it is done raising
Business|Economy|Finance|US
Fed's Logan: should not rule out another rate hike
Federal Reserve Bank of Dallas President Lorie Logan on Saturday warned that the U.S. central bank may need to resume raising its short-term policy rate to keep a recent
Business|Economy|Finance|News|Stock Markets|US
Fed's Waller says US "within striking distance" of inflation goal
The U.S. is "within striking distance" of the Federal Reserve's 2% inflation goal, but the central bank should not rush towards cuts in its
Economy|Finance|News|US
Five signs the Fed's pivot is underway before even a single rate cut
Federal Reserve policymakers have signaled they won't cut U.S. interest rates just yet; economists think they will wait until June, given ongoing strength in household
Business|Economy|Finance|US
Traders keep bets the Fed's rate cuts will start in May
Inflation is cooling, but not quite quick enough to allow the U.S. central bank to deliver its first interest-rate reduction by March, with traders betting on Friday that May
Business|Economy|Finance|News|US
Fed Chair Powell faces tough communications task on rate cuts ahead
Federal Reserve Chair Jerome Powell has a tough task on Wednesday as he wraps up the U.S. central bank's first policy meeting of 2024: signaling an end to interest-rate hikes
Economy|Finance|News|US
Strong job gains may deal blow to Fed confidence on inflation
Federal Reserve policymakers seeking greater confidence that inflation is on track to their 2% goal were dealt a setback on Friday when new data showed
Economy|Finance|US
Fed rate cut seen on track for June even as inflation bumps up
An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first
Business|Economy|Finance|US
Fed's Goolsbee: policy 'restrictive,' more disinflation likely
Chicago Federal Reserve Bank President Austan Goolsbee on Thursday said he believes last year's improvements in the supply of goods and labor set the stage for further
Business|Economy|Finance|US
Regional banks face big hurdles a year after SVB collapse
U.S. regional lenders face ongoing challenges from rising deposit costs and risky office-building loans a year after the biggest bank
Business|Economy|Finance|US
Fed gets another reason not to rush on rate cuts
Federal Reserve policymakers weighing when to start interest-rate cuts got another reason Friday to sit tight for now, after a government report showed
Business|Economy|Finance|US
Inflation frustration may prompt Fed to dial back rate-cut outlook
U.S. central bankers are not expected to cut borrowing costs this week, but their new economic projections may be a wild card, potentially signaling fewer interest rate cuts
Business|Economy|Finance|US
Fed policymakers stick to three-rate-cut view in '24, but barely
U.S. central bankers still anticipate cutting interest rates three times this year, according to the median of new economic projections published on Wednesday, but
Business|Economy|Finance|US
Fed to cut US rates 'at some point, but no hurry, Mester says
Cleveland Federal Reserve Bank President Loretta Mester said on Wednesday she expects price pressures to ease further this year, allowing the Fed to reduce borrowing costs,
