World Bank chief economist Indermit Gill on Wednesday said past experience showed that interest rates may stop going up, but they are unlikely to come down "anytime soon," which
A look at the day ahead in U.S. and global markets from Mike Dolan As Wall St waited optimistically for the Federal Reserve's latest nods and winks on future policy, Argentina took a
The U.S. federal budget deficit jumped 26% in November from a year earlier to $314 billion, a record for the month and the highest since March, the Treasury Department said on
A look at the day ahead in U.S. and global markets from Mike Dolan Tuesday's consumer price inflation update may not have to wow the gallery to keep the U.S. disinflation glow alive and persuade the
The International Monetary Fund's No. 2 official on Monday warned that fragmentation in the global economy and clear shifts in underlying bilateral trade could trigger a "new
Since 1994 when the Federal Reserve first began issuing a statement announcing actions taken at each monetary policy meeting, it has initiated new interest-rate cutting cycles or has
A look at the day ahead in U.S. and global markets from Mike Dolan The final sweep of major central banks meetings of 2023 this week is unlikely to involve any change of policy rates but may act as a
A look at the day ahead in European and global markets from Wayne Cole It's set to be a pivotal week as the Federal Reserve leads a quintet of rich-world central bank meetings that will test market
U.S. officials have begun informal talks to prepare for new negotiations on the North American Free Trade Agreement (NAFTA), David Cohen, the country's ambassador to Canada, told CBC News
U.S. job growth accelerated in November and the unemployment rate dropped to 3.7% even as more people entered the labor force, pointing to underlying strength in the labor market.
U.S. equity funds witnessed outflows for a second straight week in the seven days to Dec. 6 on some investor caution ahead of economic data which could provide more insights about the
A look at the day ahead in U.S. and global markets from Mike Dolan With investors trying to read recessionary warnings from softening U.S. labor market signals all week, the outsize importance of the
Global bond funds saw significant inflows in the seven days to Dec. 6, amid growing expectations of interest rate cuts in the U.S. and Europe and signs of inflation waning.
The European Union is considering reopening a case at the World Trade Organization against the United States over a steel and aluminum dispute that saw the allies hit each other with
The last big central bank push of the year is here with the Fed, the ECB and the Bank of England among the big hitters meeting while markets try to discern if a U.S. recession is
U.S. Treasury Secretary Janet Yellen said on Thursday the U.S.
U.S. household wealth fell to roughly $151 trillion in the third quarter, pulled down by a drop in the value of stocks which more than offset a half-trillion rise in the value of property
Interest rates on the most common type of U.S. home loan fell for a sixth straight week to the lowest in almost four months on the back of a bond market rally that has driven down yields
Monetary policy in the United States continues to be appropriate, and interest rates will need to remain at current levels in order to "durably" reduce inflation, the International
The European Union's securities watchdog said on Thursday it had ordered top rating agencies to take action to ensure that their ratings of collateralised loan obligations (CLOs)
Global investment banks see the yuan facing continued downside pressure in the first half of 2024 before turning around over the following six months on views that the U.S.
Slowing trend growth in China means there are better investment opportunities in emerging markets outside the world's number two economy, senior executives at BlackRock Investment
Ex Millennium trader and founder of hedge fund Kintbury Capital, Chris Dale says he is short the British telecommunications company, BT.
A top U.S. banking regulator on Wednesday warned banks to manage the risks to consumers posed by increasingly popular "buy now, pay later" financing for retail spending, saying the service
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
White Sox lose post-1900s, majors-record 121st game, falling 4-1 to Tigers
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