The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the year at their lowest level since May, according to data released
U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the Federal Reserve cuts rates,
Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending
The Indian government's chief economic advisor called in a paper published on Thursday for reforms to the way credit ratings agencies assign sovereign ratings, saying their
Annual U.S. inflation slowed further below 3% in November and underlying price pressures continued to abate, which could cement financial market expectations for an interest rate
Orders for long-lasting U.S. manufactured goods surged in November, boosted by aircraft bookings, but business spending on equipment appeared lackluster amid higher borrowing
A look at the day ahead in U.S. and global markets by Amanda Cooper.
Sales of new U.S. single-family homes dropped to a one-year low in November, but the unexpected decline is probably temporary amid a chronic shortage of previously owned homes,
A look at the day ahead in U.S. and global markets by Alun John.
Federal prosecutors and the top U.S. agency for consumer financial protection are suing a Texas real estate developer they accused of targeting thousands of Hispanic borrowers in a
Uber Technologies will raise the minimum wage it pays drivers in France as part of a wider agreement between ride-hailing companies and driver representatives in the country, the company
U.S. existing home sales unexpectedly rose in November, but further gains as mortgage rates retreat from 23-year highs could be limited by a chronic shortage of houses on the
Wall Street's main indexes opened lower on Wednesday as investors took a breather from a rally that was sparked by the Federal Reserve's likely pivot to a dovish policy, while FedEx
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 labor market
The U.S. current account deficit was the smallest in more than two years in the third quarter amid rising petroleum exports, government data showed on Wednesday.
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street is zooming into year-end holidays cracking new records as global disinflation tailwinds lifted bonds and stocks across
Japan's exports fell 0.2% in November from the same month a year ago, Ministry of Finance (MOF) data showed on Wednesday.
Further progress on beating back inflation will be the decisive factor in any Federal Reserve decision next year to reduce interest rates, Chicago Federal Reserve Bank President Austan
A look at the day ahead in U.S. and global markets from Mike Dolan The Bank of Japan deferred any further tightening of its ultra-loose money policy until next year, becoming the last of the G4
Investors turned more bullish in December, buying stocks and reducing cash holdings on expectations the U.S.
San Francisco Federal Reserve Bank President Mary Daly said Monday that cuts to the U.S. central bank's benchmark rate are likely be appropriate next year because of an improvement in
The sharp rise in inflation that forced global central banks to drive up interest rates at the fastest pace in decades looks poised to continue to subside in coming months, though risks
The average wage employers were willing to offer to workers surged to record levels in November, a report from the Federal Reserve Bank of New York said Monday.
BofA Global Research said on Monday that it expects the U.S. Federal Reserve to deliver four 25-basis point (bps) rate cuts next year, starting in March.
Binance founder Zhao released from US custody, Bloomberg News reports
Brazil's top court imposes new fine before allowing X to resume service
A federal judge in Texas will hear arguments over Boeing's plea deal in a 737 Max case
South Korea's foreign minister says Russia engaging in illegal arms trade with North Korea
Israeli airstrikes rock Beirut, Hezbollah command centre hit
Canada booking seats on commercial flights to help citizens flee Lebanon
LVMH deal spurs rally in Moncler, speculation about luxury sector M&A
Assets in actively managed ETFs top $1 trillion worldwide
OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025
Tigers clinch AL wild card with 4-1 win over White Sox, ending decade-long postseason drought
NCAA president Charlie Baker decries 'dysfunction' in NIL, urges Congress to act
Trevor Bauer is honored as pitcher of the year in the Mexican Baseball League