The Federal Reserve announced on Tuesday that it had terminated a 2013 enforcement action it filed against Citigroup over shortcomings in its capacity to police
October 01, 2024
A sign of strength in the labor market: Job openings increased in August
October 01, 2024
A handful of mega-cap technology stocks has fueled Wall
October 01, 2024
U.S. job openings unexpectedly increased in August after two straight monthly decreases, but hiring was soft and consistent with a slowing labor market that
October 01, 2024
U.S. job openings rose unexpectedly in August as the American labor market continued to show resilience
October 01, 2024
U.S. manufacturing held steady at weaker levels in September, but new orders improved and prices paid for inputs declined to a nine-month low, which together with falling
October 01, 2024
U.S. stocks ended lower, with the Nasdaq losing more than 1%, on Tuesday as investors grew more cautious after Iran fired missiles at Israel.
October 01, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 kicks off the final quarter of a stellar 2024 from yet another record close notched on Monday - with odd quarter
October 01, 2024
A look at the day ahead in European and global markets from Tom Westbrook European inflation figures are due on Tuesday and the risk is to the downside, which will reinforce bets that the European
October 01, 2024
MSCI's global equities index fell with Treasury yields on Tuesday as investors shied away from riskier assets while oil futures rallied on concerns about
October 01, 2024
Safe haven currencies strengthened on Tuesday as Iran launched missiles towards Israel, while the dollar also firmed on data showing a resilient U.S. labor market.
October 01, 2024
The U.S. economy seems poised for a continued slowdown in inflation that will allow the Federal Reserve to cut its benchmark interest rate and "over time" reach a level that is no longer
September 30, 2024
Federal Reserve Chair Jerome Powell has signaled that more rate cuts are in the pipeline, though their size and speed will depend on the evolution of the economy
September 30, 2024
Federal Reserve Chair Jerome Powell indicated on Monday the U.S. central bank would likely stick with quarter-percentage-point interest rate cuts
September 30, 2024
By Michael S.
September 30, 2024
By Michael S.
September 30, 2024
Atlanta Federal Reserve President Raphael Bostic said on Monday he would be open to another half-percentage-point interest rate cut at the U.S.
September 30, 2024
Investor hopes for a soft landing for the U.S. economy will be put to the test next week, as the government releases closely watched labor market data following
September 27, 2024
What fueled this week’s record-breaking stock rally
September 27, 2024
The first interest rate cut by the Federal Reserve signals a U.S. recession is imminent and a dramatic drop in financial markets could once
September 27, 2024
The personal consumption expenditures (PCE) price index rose 0.1% in August after an unrevised 0.2% gain in July the Commerce Department reported on Friday.
September 27, 2024
The Federal Reserve is likelier than not to deliver a second 50-basis-point interest rate cut in November, traders bet on Friday, after a government report showed U.S. inflation has cooled
September 27, 2024
U.S. consumer spending increased slightly less than expected in August, but that did little to change expectations that solid economic growth persisted in the
September 27, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks surf new records as the last full week of the quarter comes to a close, with China's furious monetary easing accelerating
September 27, 2024
Slowing inflation in August buttressed arguments Federal Reserve officials used in defense of their decision to lower interest rates by half of a percentage
September 27, 2024
The blue-chip Dow Jones Industrial Average closed at a record high as a subdued inflation report stoked hopes for more Federal Reserve rate cuts, which also boosted small-cap
September 27, 2024
U.S. stocks closed another record-setting week with a muted performance
September 27, 2024
A Federal Reserve official says he supports reducing the central bank’s key interest rate somewhat from its current level
September 26, 2024
Federal Reserve Governor Lisa Cook on Thursday endorsed the U.S. central bank's 50-basis-point interest-rate cut last week as a way to address increased "downside risks" to employment.
September 26, 2024
By Michael S.
September 26, 2024
The average rate on a 30-year mortgage in the U.S. slipped this week to its lowest level in two years, boosting home shoppers’ purchasing power as they navigate a housing market with prices near all-time highs
September 26, 2024
U.S.
September 26, 2024
By Michael S.
September 26, 2024
By Michael S.
September 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly rose in August, though business spending on equipment appears to have lost momentum in the third quarter.
September 26, 2024
With key central banks now aligned in cutting interest rates a real-time experiment is underway in how much the global financial
September 26, 2024
U.S. stocks rose to another record as financial markets around the world rallied again
September 26, 2024
The dollar weakened in choppy trading on Thursday after a boost from healthy U.S. economic data faded, while the Swiss franc rose after the country's central
September 26, 2024
Federal Reserve Governor Adriana Kugler said on Wednesday that she "strongly supported" the U.S. central bank's decision to cut interest rates
September 25, 2024
As former Federal Reserve Chair Ben Bernanke used to quip, "monetary policy is 98% talk and only 2% action."
September 25, 2024
Gold’s hitting new records again. Here’s what it means for the economy
September 25, 2024
The Federal Reserve seems to be winning the inflation battle in the United States, Bank of America CFO Alastair Borthwick said, days after the central bank cut interest rates for the first
September 25, 2024
The Federal Reserve's aggressive start of the easing cycle has rekindled inflation worries in the U.S. bond market, as some investors fear looser financial
September 25, 2024
U.S. stocks edged back from their records as financial markets around the world took a pause following big recent moves
September 25, 2024
The dollar bounced off a 14-month low against the euro on Wednesday in choppy trading, but investors held onto bets that the Federal Reserve will make another
September 24, 2024
By Michael S.
September 24, 2024
Drew Greenblatt loves that the Federal Reserve has cut interest rates.
September 24, 2024
Launches of bond-focused exchange traded funds have surged from year-ago levels in 2024, boosted by expectations of interest rate cuts by the Federal Reserve, according to
September 24, 2024
U.S. stocks drifted to more records in a quiet day of trading
September 24, 2024
By Michael S.
September 23, 2024
Federal Reserve Bank of Chicago President Austan Goolsbee on Monday said he expects "many more rate cuts over the next year" as the U.S. central bank seeks a soft landing for the economy,
September 23, 2024
U.S.
September 23, 2024
By Ann Saphir and Michael S.
September 23, 2024
The Federal Reserve announced a jumbo-sized rate cut, its first rate reduction cut since Covid. Federal Reserve chair Jerome Powell held a press conference to share more about the supersized rate cut.
September 23, 2024
Hedge funds bought U.S. tech and media stocks at the fastest pace in four months last week, said a Goldman Sachs prime brokerage note to clients seen by Reuters on
September 23, 2024
U.S. stocks closed modestly higher on Monday as investors assessed whether a trend will develop in the week following the Federal Reserve’s rate cut.
September 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With U.S. markets now mapping the extent of the Federal Reserve's easing cycle ahead, the prospect of inflation undershooting the
September 23, 2024
Even before the Federal Reserve approved its outsized half-percentage-point interest rate cut last week, financial markets had begun making
September 23, 2024
The euro dropped against the dollar on Monday as business activity reports for the euro zone economy disappointed, briefly extending declines after U.S. data
September 22, 2024
Global stock indexes rose on Monday as Federal Reserve policymakers said last week's large interest rate cut was warranted, while the euro fell against the
September 22, 2024
A look at the day ahead in Asian markets.
September 22, 2024
The Federal Reserve gave home shoppers what they hoped for this week: a big rate cut and a signal of more cuts to come
September 22, 2024
The Fed surprised many investors with a jumbo rate cut this week. It won’t get much easier to predict the next move
September 20, 2024
Federal Reserve Governor Michelle Bowman said on Friday she dissented over the U.S. central bank's half-percentage-point interest rate cut this week, favoring a quarter-
September 20, 2024
What lower rates mean for markets
September 20, 2024
Federal Reserve officials, in their first public comments since the U.S. central bank cut interest rates by half a percentage point, laid out on Friday the
September 20, 2024
U.S. bond funds attracted inflows for a 16th straight week in the week ended Sept. 18, on expectations that the Federal Reserve would deliver an outsized rate cut in its meeting during the
September 20, 2024
The Federal Reserve's blackout period on public comment around meetings of the U.S. central bank lifts on Friday after a key interest rate decision earlier in
September 20, 2024
Global investors scooped up equity funds in the week to Sept. 18, anticipating the Federal Reserve's interest rate cut to initiate its long-awaited reduction cycle.
September 20, 2024
The U.S.
September 20, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a roaring Thursday that saw Wall Street stocks lap up deep Federal Reserve easing into a still-healthy economy, there's a
September 20, 2024
Investment advisers are urging clients to dump hefty cash allocations now that the Federal Reserve has begun its much-anticipated interest-rate easing, a
September 20, 2024
If you own a home or hope to buy one soon, what does the Fed’s interest rate cut mean for you?
September 20, 2024
As the Federal Reserve kicks off a long-awaited rate cutting cycle, some investors are wary that richly valued U.S. stocks may have already priced in the
September 20, 2024
Gold soared above the $2,600 level on Friday for the first time, extending a rally boosted by bets for further U.S. interest rate cuts, and rising tensions in the
September 20, 2024
China unexpectedly left benchmark lending rates unchanged at the monthly fixing on Friday, confounding market expectations that were primed for a move after the Federal Reserve
September 20, 2024
Big global investors are on alert for wild market swings after a jumbo U.S. rate cut sparked confusion over whether the world's dominant economy is
September 19, 2024
The Federal Reserve's big bang start on Wednesday to what's expected to be more interest-rate cuts this year and next may have had the full support of only a slim majority of
September 19, 2024
President Joe Biden is celebrating the Federal Reserve’s decision to lower interest rates by saying it shows that inflation has eased
September 19, 2024
The U.S. central bank's decision to cut interest rates by half a percentage point leaves open the risk of a resurgence in inflation, a former Kansas City Federal Reserve
September 19, 2024
M&G Investments sees attractive valuations in some longer-duration government bonds and non-U.S. equities, a multi-asset fund manager at the London-based firm said on Thursday.
September 19, 2024
CNN’s Rahel Solomon talks to finance analyst Greg McBride, who puts the Fed’s first rate cut in years into perspective for homebuyers.
September 19, 2024
Dow, S&P 500 close at record highs after Federal Reserve’s supersized rate cut
September 19, 2024
U.S. existing home sales fell more than expected in August as house prices remained elevated despite a continued improvement in supply.
September 19, 2024
Traders on Thursday added to bets the U.S.
September 19, 2024
The number of Americans applying for unemployment benefits fell to their lowest level in four months last week
September 19, 2024
Shares of major U.S. homebuilders rose in early trading on Thursday as the Federal Reserve's rate-cut cycle is expected to ease pressure on mortgage rates, driving demand
September 19, 2024
U.S. bank stocks rose on Thursday after the Federal Reserve's 50 basis point cut in interest rates raised hopes of lower deposit costs and reduced pressure
September 19, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a typical skittish first-day reaction, world markets are on Thursday embracing the new Federal Reserve stance as insurance on
September 19, 2024
A big interest rate cut from the U.S.
September 19, 2024
The Bank of England is keeping its main interest rate unchanged at 5% despite a big cut from the U.S. Federal Reserve, its first since the onset of the coronavirus pandemic more than four years ago
September 19, 2024
Analysts remained bullish on most Asian currencies despite marginally dialling back some bets, a Reuters poll showed on Thursday, as a defensive U.S. dollar driven by a
September 19, 2024
BofA Global Research raised its forecast for the Federal Reserve's anticipated interest rate cuts for the remainder of this year to 75 basis points, after the U.S. central bank kicked off
September 19, 2024
European stocks jumped on Thursday after the U.S.
September 19, 2024
An initial muted market reaction following the Federal Reserve’s first rate cut in four years gave way to a surge in U.S.
September 19, 2024
One of the most consequential Federal Reserve meetings in recent history has put investors’ focus squarely on one question: whether the
September 19, 2024
A look at the day ahead in European and global markets from Rae Wee With the Federal Reserve's highly anticipated rate cut done and dusted, the Bank of England (BoE) is next up in the rate decision
September 19, 2024
Wall Street romped to records as a delayed jubilation swept markets worldwide following the Federal Reserve’s big cut to interest rates
September 19, 2024
Beyond the immediate headlines generated by the Fed's 50 basis point interest rate cut, it is policymakers' revised outlook for the fed funds rate's
September 19, 2024
Major Wall Street indexes broke record highs after global counterparts booked gains and Treasury yields rose on Thursday as the start of the Federal Reserve's first
September 19, 2024
The U.S. dollar slipped in choppy trading on Wednesday as markets grappled
September 18, 2024
The relatively large rate cut signals that the Fed is shifting its focus from fighting inflation to supporting the labor market, an economist explains.
September 18, 2024
A look at the day ahead in Asian markets.
September 18, 2024
By Michael S.
September 18, 2024
The U.S. central bank might have begun cutting interest rates in late July had it known that the labor market was cooling as fast as it has been,
September 18, 2024
Republican presidential candidate Donald Trump commented on the U.S. Federal Reserve's rate cut on Wednesday by saying "it was a big cut."
September 18, 2024
By Michael S.
September 18, 2024
U.S. consumers got an immediate reprieve on borrowing costs from banks after the Federal Reserve cut interest rates on Wednesday for the first time
September 18, 2024
Foreign holdings of U.S.
September 18, 2024
Federal Reserve Chairman Jerome Powell said Wednesday that central bank forecasts for the path of interest rate cuts don't imply an urgent process.
September 18, 2024
The Fed’s long-awaited rate cut is colliding with presidential politics
September 18, 2024
Futures on the federal funds rate, which measures the cost of unsecured overnight loans between banks, priced on Wednesday about 74 basis points of additional interest rate cuts by
September 18, 2024
The Federal Reserve's decision to cut interest rates by half a percentage point on Wednesday marked the closest the central bank has come in launching an easing cycle on the cusp of a U.S.
September 18, 2024
U.S. central bankers think they’ll need to lower interest rates to a range of 4.25%-4.50% by year-end, more than they anticipated in June, as inflation approaches their 2% goal
September 18, 2024
Federal Reserve Governor Michelle Bowman on Wednesday became the first Fed governor to vote against an interest-rate decision by the U.S. central bank since 2005, denying Fed
September 18, 2024
The interest rate for the most popular U.S. home loan fell last week to its lowest level in two years, on anticipation the Federal Reserve will start cutting interest rates on
September 18, 2024
The Federal Reserve cut U.S. short-term borrowing costs on Wednesday by a bigger-than-usual half percentage point, a watershed moment that should start to
September 18, 2024
As the U.S.
September 18, 2024
Key takeaways from the Fed’s decision to deliver a jumbo-sized interest rate cut
September 18, 2024
U.S. stocks closed with modest losses on Wednesday, well off their intraday highs, after the Federal Reserve cut interest rates by 50 basis points, the high
September 18, 2024
British stock indexes dropped on Wednesday as investors reined in bets on interest rate cuts by the Bank of England, while global risk sentiment
September 18, 2024
European shares closed lower on Wednesday, as investors refrained from risk-taking ahead of an all-important interest rate decision by the U.S.
September 18, 2024
The U.S. central bank on Wednesday kicked off an anticipated series of interest rate cuts with a larger-than-usual half-percentage-point
September 18, 2024
A look at the day ahead in European and global markets from Kevin Buckland With just hours until one of the most highly anticipated central bank decisions in recent memory, traders are still agonising
September 18, 2024
The Federal Reserve cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for consumers
September 18, 2024
Major stock indexes closed with modest losses and the dollar gained ground in choppy trading on Wednesday after the U.S.
September 18, 2024
Most 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, 2024
Oil 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, 2024
The dollar edged higher in choppy trading after the Federal Reserve on Wednesday cut interest rates by half a percentage point, citing greater
September 17, 2024
A look at the day ahead in Asian markets.
September 17, 2024
So we’re expecting a rate cut. When will we start to see a difference in the economy?
September 17, 2024
The 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, 2024
Traders on Tuesday kept bets the Federal Reserve will start an expected series of interest rate cuts with a half-percentage-point move downward on Wednesday, an expectation
September 17, 2024
America’s economic engine is still revving, despite fears of a slowdown
September 17, 2024
Americans spent a bit more at retailers last month, providing a small boost to the economy just as the Federal Reserve considers how much to cut its key interest rate
September 17, 2024
U.S. retail sales unexpectedly rose in August as a decline in receipts at auto dealerships was more than offset by strength in online purchases, suggesting
September 17, 2024
Market expectations of substantial U.S. rate cuts this year are making short-dated debt unattractive as the Federal Reserve is unlikely to be as aggressive in easing
September 17, 2024
Elizabeth Warren calls for emergency-like Fed rate cut ASAP
September 17, 2024
U.S. stocks closed nearly unchanged on Tuesday, giving up earlier gains that had vaulted the S&P 500 and Dow Industrial Average to record highs as investors
September 17, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan With Federal Reserve easing within touching distance, U.S. stocks are not hanging about, underlining an uncomfortable
September 17, 2024
By Michael S.
September 17, 2024
Bond investors are more cautious and divided over prospects for recession in the world's largest economy with the Federal Reserve poised to cut
September 17, 2024
Global investor sentiment improved in September for the first time since June on optimism over a soft landing and interest rate cuts by the U.S.
September 17, 2024
U.S. stock indexes remained stuck in place as Wall Street made few big moves ahead of what’s expected to be the first cut to interest rates in more than four years
September 17, 2024
U.S. stock markets ended nearly flat after hitting record highs on Tuesday and the dollar stood firm as strong economic data allayed slowdown fears and investors
September 17, 2024
The U.S. dollar strengthened against most major currencies on Tuesday following better-than-expected retail sales data that seemed to support a less aggressive
September 16, 2024
How stocks, bonds and the dollar perform after the Federal Reserve kicks off its rate-cutting cycle
September 16, 2024
The Federal Reserve will likely not cut U.S. interest rates as deeply as the bond market expects due to a resilient economy and inflation remaining sticky, the BlackRock
September 16, 2024
Top White House economic adviser Lael Brainard declared that the U.S. economy had turned the corner in bringing down inflation and it was now time to focus
September 16, 2024
As the Fed prepares to cut interest rates, U.S. households are sitting on their largest accumulation of net wealth in history.
September 16, 2024
Futures on the fed funds rate, which measures the cost of unsecured overnight loans between banks, have priced in a nearly 60% chance of a 50 basis-
September 16, 2024
The cracks in the labor market in Las Vegas and across Nevada have typically appeared early and widened fast when the U.S. economy
September 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After an extraordinary 30-month monetary squeeze designed to zap a post-pandemic inflation spike, the Federal Reserve is finally set
September 16, 2024
Asian bonds attracted foreign inflows for a fourth successive month in August on optimism that the U.S. Federal Reserve will start easing interest rates in September.
September 16, 2024
When the Federal Reserve delivers a widely-anticipated interest rate cut on Wednesday, its first in four years, the move will resonate well beyond the United States.
September 16, 2024
Tech stocks dragged on U.S. indexes and the dollar touched a more than one-year low against the yen on Monday as all eyes looked to a Federal Reserve meeting later
September 15, 2024
The U.S. dollar fell to a more than one-year low versus the yen on Monday, as expectations increased that the Federal Reserve could
September 15, 2024
U.S. stock futures and the dollar were little changed on Sunday after Republican presidential candidate Donald Trump was safe following what the FBI said
September 15, 2024
A look at the day ahead in Asian markets.
September 15, 2024
American consumers and home buyers, business people and political leaders have been waiting for months for what the Federal Reserve is poised to announce this week: That it’s cutting its key interest rate from a two-decade peak
September 15, 2024
The Fed keeps brushing off concerns about another Trump presidency. Closed-door meetings from his first term show otherwise
September 15, 2024
The Federal Reserve is in focus next week, as uncertainty swirls over how much the U.S. central bank will cut interest rates at its monetary policy meeting and
September 13, 2024
Goldman Sachs on Friday said it continues to call for a quarter percentage point easing at next week's Federal Open Market Committee meeting, which contrasted with news stories about
September 13, 2024
The Federal Reserve is nearly as likely to deliver an outsized interest-rate cut next week as a more-usual-sized reduction, trading in rate-futures
September 13, 2024
Americans’ outlook on the economy improved for the second straight month in September, bolstered by lower prices for long-lasting goods such as cars and furniture
September 13, 2024
U.S. consumer sentiment rose to a four-month high in September amid expectations that inflation will continue moderating over the next year and household
September 13, 2024
Wall Street's main indexes closed higher on Friday as investors honed in on the chance of a bigger interest rate cut by the Federal Reserve next week,
September 13, 2024
Don't go anywhere: an event-packed week is coming up with central banks from the United States to Brazil and from Europe to Japan meeting.
September 13, 2024
U.S. stocks closed their best week of the year with more gains and climbed to the cusp of their records
September 13, 2024
Former New York Federal Reserve President Bill Dudley said there was a strong case for a 50 basis point interest rate cut in the United States.
September 13, 2024
The U.S. dollar fell on Friday to its
September 13, 2024
U.S. stocks advanced on Friday and gold continued to hit record highs as investors looked to whether the Federal Reserve might move more aggressively to cut rates at its
September 13, 2024
Mortgage rates fall to lowest level since February 2023
September 12, 2024
The International Monetary Fund said on Thursday it was appropriate for the U.S.
September 12, 2024
The U.S. Federal Reserve has joined a global easing cycle with a larger-than-anticipated half-point interest rate reduction.
September 12, 2024
Wholesale inflation slowed again last month
September 12, 2024
Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates
September 12, 2024
Wall Street's main indexes closed higher on Thursday after the latest inflation data reinforced expectations for a 25-basis point rate cut by the
September 12, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper. The first cut might be the deepest in some cases, but in the case of the Federal Reserve, it would seem not.
September 12, 2024
U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations
September 12, 2024
A look at the day ahead in European and global markets from Stella Qiu Asian stock markets were broadly higher as investors regained some of their love for tech stocks, and Nvidia in particular, while
September 12, 2024
Wall Street eked out gains and gold surged to a record high on Thursday as investors awaited a Federal Reserve interest rate cut next week.
September 12, 2024
A government investigation into Atlanta Federal Reserve President Raphael Bostic's securities trades and investments has found he violated several of the central bank's ethics policies
September 11, 2024
Federal Reserve Bank of Atlanta President Raphael Bostic's trading and investing broke central bank rules, the Fed's in-house watchdog said on Wednesday.
September 11, 2024
Wild comeback: Dow bounce erases 700-point one-day dip
September 11, 2024
The Federal Reserve's regulatory chief on Tuesday outlined major revisions to the Basel Endgame draft rule hiking bank capital, following intense industry pushback.
September 11, 2024
Debate over the Federal Reserve's independence is bubbling up again and could become a red-hot issue for market watchers if Donald Trump wins the Nov.
September 11, 2024
Inflation slowed to its lowest level since February 2021, even as housing costs and airline ticket prices continue to rise. Julia Chatterley explains how the new numbers may impact the Fed's looming decision on interest rates.
September 11, 2024
U.S. central bankers will likely start long-awaited interest rate cuts next week with a quarter-of-a-percentage-point reduction, as they seek to reduce the odds of a recession
September 11, 2024
U.S. consumer prices rose slightly in August, but underlying inflation showed some stickiness amid higher costs for housing and other services, further dashing
September 11, 2024
If steep interest rate hikes failed to slow the U.S. economy much in recent years, it is reasonable to ask whether their reversal will prove as toothless in a downturn.
September 11, 2024
U.S. stock indexes stormed back from big early drops to finish higher, led by a handful of influential Big Tech companies
September 11, 2024
The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race
September 10, 2024
A look at the day ahead in Asian markets.
September 10, 2024
The Federal Reserve's regulatory chief on Tuesday outlined a sweeping overhaul easing two major draft bank capital rules following intense industry opposition that delayed the
September 10, 2024
The Federal Reserve will lower
September 10, 2024
The Federal Reserve's regulatory chief on Tuesday outlined a plan to raise big banks' capital by 9%, significantly easing an earlier proposal after intense Wall
September 10, 2024
Growing risks to the U.S. stock rally are spurring demand for portfolio hedging, options markets showed, as investors grapple with U.S.
September 10, 2024
Citigroup's investment banking fees are expected to jump 20% in the third quarter from a year earlier, Chief Financial Officer Mark Mason told
September 09, 2024
By Michael S.
September 09, 2024
After grappling with the strongest U.S. price pressures in four decades, it's hard for investors to adjust to the notion that inflation could soon
September 09, 2024
Wall Street's three major indexes gained more than 1% on Monday as investors looked for bargains after the previous week's sell-off while they also waited
September 09, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street futures have found their feet after Friday's exaggerated market reaction to an otherwise middling employment report -
September 09, 2024
U.S. stocks climbed Monday to claw back some of the losses from their worst week in nearly a year and a half
September 09, 2024
The dollar snapped back against the yen and other major currencies on Monday after losses last week, as investors looked ahead to key U.S. inflation
September 09, 2024
The U.S. Federal Reserve and other regulators are set to unveil sweeping changes to a raft of proposed banks capital rules as soon as Sept.
September 07, 2024
Uncertainty over the U.S. economy's health is rippling through markets, adding fuel to an already-volatile period that has investors grappling
September 06, 2024
Traders priced in a quarter-point Federal Reserve interest-rate cut this month, with a bigger move expected at its next meeting, after Fed Governor Christopher Waller said recent labor
September 06, 2024
Federal Reserve Governor Christopher Waller on Friday said "the time has come" for the U.S. central bank to begin a series of interest rate cuts this month, adding that he is open-minded
September 06, 2024
STORY: U.S. employment increased less than expected in August, but a drop in the jobless rate to 4.2% suggested an orderly labor market slowdown continued and probably did not
September 06, 2024
By Michael S.
September 06, 2024
By Ann Saphir, Lindsay Dunsmuir and Michael S.
September 06, 2024
U.S. stocks fell on Friday, weighed down by a jobs report that showed a continued labor market slowdown but left traders uncertain about how far the Federal
September 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Friday looks set to play out like a concentrated version of what markets have been navigating all year - what's the fine
September 06, 2024
Investors poured $61 billion into cash-like money market funds in the week to Wednesday, as they braced for the Federal Reserve to cut interest rates for the
September 06, 2024
UK's main stock index ended lower on Friday, dragged down by personal goods and automobile shares, while investors assessed U.S. jobs report data to determine the extent of
September 06, 2024
European shares fell for a fifth straight session on Friday in their worst day since early August, after a widely anticipated U.S. jobs report
September 06, 2024
A look at the day ahead in European and global markets from Stella Qiu Whatever Friday's U.S. payrolls report says, it's going to move things.
September 06, 2024
The Federal Reserve is widely expected to cut borrowing costs at its upcoming meeting Sept. 17-18 and the strength of the job market is likely to be a deciding factor on whether it
September 06, 2024
Another rout hit Wall Street after an update on the U.S. job market came in weak enough to add to worries about the economy
September 06, 2024
MSCI's global equities gauge fell more than 1% on Friday and U.S.
September 06, 2024
The dollar rose in volatile trading on Friday after data showed U.S. employment grew less than expected in August, but indicated only a steady slowdown in the
September 05, 2024
The Federal Reserve said on Thursday it was seeking feedback on how it operates its "discount window," which is intended to provide emergency lending to banks
September 05, 2024
Why investors are on edge ahead of Friday’s jobs report
September 05, 2024
U.S. services sector activity was steady in August, but employment gains slowed, consistent with an easing labor market.
September 05, 2024
The number of Americans filing for unemployment benefits fell to its lowest level in two months last week, signaling that layoffs remain relatively low despite other signs of labor market cooling
September 05, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan U.S. stocks look to have weathered the early September squall for now but interest rate speculation and ebbing bond yields now take
September 05, 2024
The U.S. dollar's decline is gaining speed as anticipated interest rate cuts by the Federal Reserve threaten to end the greenback's years-long period of
September 05, 2024
The U.S. economy is slowing but it still has some momentum, former Treasury Secretary Robert Rubin said on Thursday. The U.S.
September 05, 2024
The Federal Reserve needs to cut interest rates to keep the labor market healthy, but it is now down to incoming economic data to determine by how much, San Francisco Fed
September 05, 2024
The U.S. dollar eased against most major currencies on Thursday in choppy trading as investors braced for Friday's U.S. payrolls report,
September 04, 2024
Recent U.S. dollar weakness will stall in the coming three months despite financial market traders ramping up bets for Federal Reserve interest rate cuts,
September 04, 2024
U.S. economic activity expanded more slowly from the middle of July through late August and businesses pulled back on hiring, signals that underscore why the Federal
September 04, 2024
The Federal Reserve Bank of Philadelphia said on Wednesday it is launching a search to replace its current leader, Patrick Harker, who will retire next summer.
September 04, 2024
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month, when their assessment of job-
September 04, 2024
U.S. job openings dropped to a 3-1/2-year low in July, suggesting the labor market was losing steam, but probably not enough for the Federal Reserve to consider a big interest
September 04, 2024
America’s employers posted fewer job openings in July than they had the previous month, a sign that hiring could further cool in the coming months
September 04, 2024
U.S. stocks finished slightly lower in choppy trading on Wednesday following labor market data and comments from a Federal Reserve official that bolster the case
September 04, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street seems to be making a habit of these early month stock plunges, with Tuesday's tremor a mild aftershock from the brief
September 04, 2024
Dow falls by more than 600 points as September turns ugly
September 03, 2024
U.S. corporate borrowers flooded the investment-grade and junk bond market on Tuesday, getting ahead of expected market volatility on this month's rates decision by the
September 03, 2024
U.S. stocks slumped on Tuesday, at the start of one of the market's historically worst months, ahead of data likely to influence how much the Federal Reserve will
September 03, 2024
As recently as two and a half months ago, most U.S. central bankers didn't see an interest rate cut in the cards at their Sept. 17-18 meeting.
September 03, 2024
A look at the day ahead in European and global markets from Tom Westbrook Today's U.S. ISM manufacturing survey is the first major indicator out in a big week for U.S. data and, likely, the dollar.
September 03, 2024
U.S. stocks tumbled to their worst day since an early August sell-off after another report raised worries about the economy's health
September 03, 2024
When Jerome Powell delivered a high-profile speech last month, the Federal Reserve chair came the closest he ever had to declaring that the inflation surge that gripped the nation for three painful years was now essentially defeated
September 02, 2024
The dollar edged down on Monday but remained within striking distance of its highest level in almost two weeks as investors' focus moved to a U.S. jobs report due at the
September 01, 2024
A broadening rally in U.S. stocks is offering an encouraging signal to investors worried about concentration in technology shares, as markets await key jobs data
August 30, 2024
U.S. bond funds racked up solid inflows in the week to Aug. 28 thanks to a robust purchase in government bond funds, driven by bets of a Federal Reserve interest rate cut in September and
August 30, 2024
Latest inflation data gives a ‘bright green light’ for a rate cut
August 30, 2024
The personal consumption expenditures (PCE) price index rose 0.2% last month after an unrevised 0.1% gain in June, the Commerce Department said on Friday, matching economists' forecasts.
August 30, 2024
Federal Reserve policymakers on Friday got fresh confirmation that inflation is continuing to ease, clearing the way for a first interest rate reduction next month as they
August 30, 2024
U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-
August 30, 2024
An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years
August 30, 2024
The average rate on a 30-year mortgage eased for the second week in a row and remains at its lowest level in more than a year
August 29, 2024
The number of Americans filing new applications for jobless benefits slipped last week, but re-employment opportunities for laid-off workers are becoming more
August 29, 2024
The U.S. economy grew last quarter at a healthy 3% annual pace, fueled by strong consumer spending and business investment, the government said in an upgrade of its initial assessment
August 29, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After all that, Nvidia beat expectations - which has become "expected" - and the stock retreated about 5%.
August 29, 2024
Federal Reserve Bank of Atlanta President Raphael Bostic on Wednesday said that with inflation down farther and the unemployment rate up more than he anticipated, it may be "time to move"
August 28, 2024
The U.S.
August 28, 2024
The interest rate for the most popular U.S. home loan slid to its lowest in 16 months, after Federal Reserve Chair Jerome Powell signaled the central bank was ready to lower borrowing
August 28, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Nvidia's post-bell earnings update on Wednesday is keeping stock markets everywhere in a holding pattern, while U.S.
August 28, 2024
Gold prices dropped on Wednesday, hurt by a stronger U.S. dollar as investors focused on key inflation data from the world's largest economy for clues on the
August 28, 2024
By Michael S.
August 27, 2024
U.S. consumer confidence rose to a six-month high in August amid optimism over the economic outlook, but Americans are becoming more anxious about the labor
August 27, 2024
American consumers felt more confident in August as their outlook for the future improved
August 27, 2024
Jerome Powell's Jackson Hole speech has turned Sept. 6 and Sept. 18 into the two most important dates for U.S. monetary policy in years, as events on both
August 27, 2024
UBS Global Wealth Management has raised the odds of a U.S. recession to 25% from 20%, citing weakness stemming from softer jobs growth and the July unemployment data which stoked fears of
August 27, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks are back just shy of new record highs, lapping up the likely start of Federal Reserve easing next month but wary
August 27, 2024
San Francisco Federal Reserve President Mary Daly on Monday said "the time is upon us" to cut interest rates, likely starting with a quarter-percentage point reduction in
August 26, 2024
New orders for key U.S.-manufactured capital goods unexpectedly fell in July and data for the prior month was revised lower, suggesting a loss of momentum in
August 26, 2024
The S&P 500 finished lower on Monday, with AI heavyweight Nvidia dipping ahead of its quarterly report this week, while investors awaited inflation
August 26, 2024
In 2022, when the Federal Reserve's focus shifted to combating inflation, it had to ratchet up interest rates fast to get monetary policy caught up
August 26, 2024
With interest rate cuts virtually locked in, investors are ramping up their focus on economic data over the next few months as they game out whether the “soft landing”
August 26, 2024
Growing signs of lackluster growth and risks emerging to the job market overshadowed a gathering of global
August 26, 2024
For academics and policymakers gathered at the U.S.
August 25, 2024
Finally, America’s housing market is starting to loosen up. But it’ll be a bumpy road back
August 25, 2024
By Michael S.
August 24, 2024
The Federal Reserve's credibility in the eyes of financial markets helped in its battle against inflation over the past two years, but it had to
August 24, 2024
The imminent rate cuts planned by the U.S.
August 23, 2024
Federal Reserve Chair Jerome Powell made it clear on Friday the U.S. central bank would not shy away from pivoting to interest rate cuts in the
August 23, 2024
By Michael S.
August 23, 2024
Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech in Jackson Hole, Wyoming
August 23, 2024
Powell just suggested interest rate cuts are coming. What everyone wants to know now
August 23, 2024
‘The time has come’: The Fed just sent a crucial message about its next move
August 23, 2024
The Federal Reserve is poised to cut its benchmark interest rate next month from its 23-year high, with consequences for consumers when it comes to debt, savings, auto loans and mortgages
August 23, 2024
Federal Reserve Chair Jerome Powell said on Friday "the time has come" for the U.S. central bank to cut interest rates as rising risks to the job market left no room for further weakness
August 23, 2024
As inflation fell fast in 2023 and continued to slow this year, Federal Reserve officials were cheered that the steam seemed to come out of the
August 23, 2024
Dow closes more than 450 points higher after Fed’s Powell hints rate cuts are coming
August 23, 2024
Federal Reserve Chairman Jerome Powell signaled that lower interest rates may happen soon while speaking in Wyoming about the Fed's inflation fight. CNN's Julia Chatterley reports.
August 23, 2024
Sterling climbed to a more than two-year high on the dollar on Friday, on recent signs of strength in the UK economy and dovish comments from Federal Reserve Chair Jerome Powell that sent
August 23, 2024
Here are key quotes from Federal Reserve Chair Jerome Powell's speech on Friday to the Kansas City Fed's annual economic conference in Jackson Hole, Wyoming: POLICY: "The time has come for
August 23, 2024
Canada's main stock index rose to a record high on Friday, with energy and financials contributing to broad-based gains as Federal Reserve Chair Jerome Powell endorsed the
August 23, 2024
U.S. equity funds attracted significant inflows in the seven days to Aug. 21, bolstered by bets of a Federal Reserve rate cut in September and easing worries about a potential downturn in
August 23, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Jerome Powell takes centre stage at the Federal Reserve's Jackson Hole jamboree on Friday but the Fed chair would have to sound super
August 23, 2024
The South African rand jumped on Friday, after comments by Federal Reserve Chair Jerome Powell signalled an interest rate cut next month.
August 23, 2024
Europe's STOXX 600 ended near session-highs amidst broad-based gains on Friday, as global markets advanced after Federal Reserve Chair Jerome Powell
August 23, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 23, 2024
Federal Reserve Chair Jerome Powell on Friday endorsed an imminent start to interest rate cuts, saying further cooling in the job
August 23, 2024
Wall Street and global shares jumped on Friday toward all-time highs, while Treasury yields slumped and the dollar languished, after a speech by U.S.
August 23, 2024
The dollar fell and sterling rose to its highest in more than two years on Friday after Federal Reserve Chair Jerome Powell gave an unambiguous signal that the
August 23, 2024
U.S. light crude oil gained more than 2% a barrel on Friday after comments by U.S.
August 23, 2024
A look at the day ahead in Asian markets.
August 22, 2024
Boston Federal Reserve President Susan Collins on Thursday expressed confidence the U.S. central bank will be able to bring
August 22, 2024
The dollar has been floored by an aggressive repricing of the U.S. interest rate outlook, but it's likely too soon to count the greenback out.
August 22, 2024
By Ann Saphir and Michael S.
August 22, 2024
By Michael S.
August 22, 2024
It will soon be appropriate for the Federal Reserve to begin a rate-cutting cycle, Boston Fed President Susan Collins said on Thursday, signaling her likely support for a rate cut at the
August 22, 2024
Kansas City Fed Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday he was taking a closer look at the dynamics behind the rise in the
August 22, 2024
Central bankers from around the world fly into Jackson Hole, Wyoming, this week to attend what has become the globe's premier economic gathering, the Kansas City Federal
August 22, 2024
All three major U.S. stock indexes lost ground on Thursday, weighed by technology shares, as Treasury yields rose on easing recession fears and global central bank
August 22, 2024
U.S. stocks closed lower as Wall Street counted down to its main event for the week, a speech by Federal Reserve Chair Jerome Powell coming up on Friday
August 22, 2024
Stocks fell and the dollar gained on Thursday as traders digested fresh economic data and awaited confirmation from the U.S.
August 22, 2024
The dollar rebounded from a 13-month low against the euro on Thursday before Federal Reserve Chair Jerome Powell is due to speak on Friday and as the greenback’s
August 21, 2024
Most Federal Reserve officials agreed last month that they would likely cut their benchmark interest rate at their next meeting in September as long as inflation continued to cool
August 21, 2024
The U.S. economy added 818,000 fewer jobs from April 2023 through March this year than were originally reported, the government says
August 21, 2024
U.S. employers added far fewer jobs than originally reported in the year through March, the Labor Department said on Wednesday, underscoring the growing concerns the Federal Reserve has
August 21, 2024
By Michael S.
August 21, 2024
U.S. stocks advanced on Wednesday amid range-bound trading after investors parsed a steep downward revision in payrolls, and the release of the minutes from the
August 21, 2024
London's FTSE 100 ended slightly higher on Wednesday, as traders remained cautious ahead of release of the Federal Reserve's July meeting minutes and
August 21, 2024
U.S. stocks ticked higher after more big companies delivered profit reports that topped analysts’ expectations
August 21, 2024
Federal Reserve Governor Michelle Bowman on Tuesday said she remains cautious about any shift in the U.S. central bank's policy because of what she sees as continued upside risks for
August 20, 2024
Trump backs off earlier claims that he should directly control interest rates
August 20, 2024
Federal Reserve officials gathering at the annual central banking conference in Jackson Hole, Wyoming, this week can take some satisfaction that the U.S.
August 20, 2024
U.S. stocks closed slightly lower on Tuesday, breaking their recent winning streak amid few market-moving catalysts ahead of the Jackson Hole Economic Symposium,
August 20, 2024
A look at the day ahead in European and global markets from Rae Wee There's a lot hinging on Federal Reserve Chair Jerome Powell's speech at the end of this week but, until then, stocks look set for a
August 20, 2024
U.S. stocks ticked lower and snapped an eight-day winning streak, the longest of the year
August 20, 2024
Gold prices extended their record run on Tuesday, holding firm above the key $2,500 level, driven by a weaker dollar and growing investor confidence that the
August 20, 2024
Federal Reserve officials have said they’re increasingly confident that they’ve nearly tamed inflation
August 20, 2024
The dollar hit a fresh seven-month low on Tuesday with traders bracing for comments from Federal Reserve Chair Jerome Powell due on Friday, which could provide clues about the speed of the
August 20, 2024
The U.S.
August 19, 2024
Minneapolis Fed President Neel Kashkari said it was appropriate to discuss potentially cutting U.S. interest rates in September because of the rising possibility of a weakening labor market
August 19, 2024
A look at the day ahead in U.S. and global markets from Samuel Indyk The volatility that rocked markets in early August appears to be back under control, and with the Kansas City Fed's Jackson Hole
August 19, 2024
Four years after Federal Reserve Chair Jerome Powell made fighting unemployment a bigger priority during the COVID-19 pandemic, he faces a pivotal test of
August 19, 2024
U.S. stocks advanced on Monday, building on their largest weekly percentage gain of the year as investors focused on the Democratic National Convention and the
August 19, 2024
Stock markets in the Gulf ended mixed on Monday on rising expectations of a U.S. interest rate cut next month, and amid weak oil demand.
August 19, 2024
London stocks ended higher on Monday, boosted by a rise in metal mining shares as prices of most base and precious metals advanced, while homebuilder
August 19, 2024
Goldman Sachs has lowered the odds of the United States slipping into a recession in the next 12 months to 20% from 25% following the latest weekly jobless claims and retail sales reports.
August 19, 2024
A look at the day ahead in European and global markets from Wayne Cole.
August 19, 2024
The dollar fell to a seven-month low and the Japanese yen hit a more than one-week high as traders awaited comments from Federal Reserve Chair Jerome Powell this
August 19, 2024
San Francisco Federal Reserve Bank President Mary Daly said it is time to consider adjusting borrowing costs from their current range of 5.25% to 5.5%, in an interview with the Financial
August 18, 2024
Speculators raised their net short bets on five-year Treasuries to the largest on record in the latest week, while bearish bets on 10-year Treasury futures were the largest since January,
August 16, 2024
U.S. stocks drifted higher as Wall Street coasted to the close of its best week since November
August 16, 2024
Global shares pushed higher on Friday, adding to weekly gains, after encouraging U.S. economic data helped soothe fears of a recession in the
August 16, 2024
The dollar fell against the yen on Friday, and was softer against other peers as traders took profits and investors sifted through economic data to gauge the
August 15, 2024
Pivotal new stats suggest a turnaround for homebuyers might be here at last, analysts say.
August 15, 2024
Homeowners are rushing to refinance their mortgages after rates finally dropped
August 15, 2024
Sales at stores are suddenly surging in the US economy’s latest show of strength
August 15, 2024
Sales at US retailers unexpectedly surged in July, the Commerce Department reports, rising by 1% from the prior month, up from June’s downwardly revised 0.2% decline.
August 15, 2024
A look at the day ahead in European and global markets from Kevin Buckland This week, and this month, are once again showing that data is king, with investors parsing recent economic releases for
August 15, 2024
Wall Street rallied close to its record heights after data showed the U.S. economy is holding up better than expected
August 15, 2024
And just like that... it was gone.
August 14, 2024
Wall Street ticked higher after the latest update on inflation came in almost exactly as economists expected
August 14, 2024
Atlanta Federal Reserve President Raphael Bostic on Tuesday said recent economic data has made him "more confident" the U.S. central bank can get inflation back to its 2% target, but he
August 13, 2024
U.S. producer prices increased less than expected in July as the cost of services fell by the most in nearly 1-1/2 years amid signs of diminishing pricing
August 13, 2024
Wholesale price increases in the United States eased in July, suggesting that inflation pressures are further cooling as the Federal Reserve moves closer to cutting interest rates, likely beginning next month
August 13, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Much like Wall Street's rapid healing on Friday, Japanese stocks completed their week-long, hair-raising round trip on Tuesday as
August 13, 2024
JD Vance has endorsed former President Donald Trump’s call for the White House to have “a say” over the Federal Reserve’s interest rate policies — a view that runs counter to decades of economic research suggesting that politically independent central banks are essential to controlling inflation and maintaining confidence in the global financial system
August 12, 2024
Middle- and low-income U.S. families now have significantly fewer liquid resources like bank deposits than they were on track to have before the disruptions of the COVID-19
August 12, 2024
U.S. consumers' medium-term inflation expectations eased substantially in July even as their near- and longer-term outlooks for price pressures held steady, although households are
August 12, 2024
U.S. Vice President Kamala Harris believes the Federal Reserve should make decisions independent of the president, CNBC reported on Friday, citing a Harris aide.
August 09, 2024
Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut
August 09, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The first reality check on July's jarring U.S. employment report suggests rising recession fears were overstated, allowing stocks to
August 09, 2024
U.S. stocks closed a wild, whipsaw week for Wall Street with modest gains
August 09, 2024
Kansas City Federal Reserve Bank President Jeff Schmid, one of the U.S. central bank's more hawkish policymakers, said on Thursday that recent "encouraging" data gives him more confidence
August 08, 2024
Federal Reserve policymakers are increasingly confident that inflation is cooling enough to allow interest-rate cuts ahead, and they will take their cues on the size and
August 08, 2024
Mortgage rates plunge to lowest level in more than a year
August 08, 2024
The number of Americans filing new applications for unemployment benefits fell more than expected last week, suggesting fears the labor market is unraveling were overblown and the gradual
August 08, 2024
A sharp slowdown in the U.S. job market that touched off days of global stock-market turmoil also fueled speculation the Federal Reserve may not wait until its
August 08, 2024
U.S.
August 07, 2024
The interest rate for the most popular U.S. home loan plunged last week to its lowest level in 15 months, after the Federal Reserve signaled it could start cutting its policy
August 07, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan In an extraordinary round trip over the past week, world markets have rebounded sharply from days of turbulence - thanks in part to
August 07, 2024
The Federal Reserve may be a bit late cutting interest rates, but it's not yet behind the curve in forestalling a U.S. recession.
August 07, 2024
The U.S. economy is still on track for a soft landing despite signs of further weakening, but the country's deteriorating fiscal profile is prompting U.S. bond
August 06, 2024
Shares of utilities companies are presenting investors with a rare bright spot in the U.S. stock selloff, as turbulent markets prompt a shift away from the high
August 06, 2024
The U.S. dollar will claw back some of its recent losses over the coming three months on expectations financial markets have again gone too far in pricing in
August 06, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The speed and scale of Tuesday's 10% Tokyo bounce after its worst day in 37 years suggests the wild global market swings of the past
August 06, 2024
An unexpectedly weak U.S. employment report, featuring a post-pandemic high in the jobless rate, has rekindled worries a recession may be in the offing that
August 06, 2024
The New York Federal Reserve said it accepted $316.246 billion submitted to its overnight reverse repo facility on Monday, the lowest
August 05, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said she is "more confident" U.S. inflation is headed toward the Fed's 2% goal.
August 05, 2024
A recent U.S.
August 05, 2024
The financial market upheaval of the last several days may soon offer a silver lining to millions of U.S. households: Mortgage rates look set to fall further,
August 05, 2024
The Federal Reserve issued new guidance on Monday for larger U.S. banks detailing how they should develop "living wills" detailing how they can be safely dissolved.
August 05, 2024
Slowing job growth should come as no surprise.
August 05, 2024
Markets on Wall Street and in Asia are stabilizing Tuesday following a mini-panic caused by an assortment of factors that stretched from late last week through Monday
August 05, 2024
After a weaker-than-expected jobs report in July, markets have taken a tumble. CNN's Rahel Soloman explains why stocks are plunging and what you should do with your portfolio.
August 05, 2024
"Up the escalator, down the elevator shaft" is a well-worn FX market maxim describing the dollar's typical moves against the yen.
August 05, 2024
U.S. central bank policymakers pushed back on Monday against the notion that weaker-than-expected July jobs data means the economy is in recessionary
August 05, 2024
A closely watched part of the U.S.
August 05, 2024
A surge in the yen to a seven-month high led a broad dollar fall, as a slew of economic data last week raised the prospect of a U.S. economic
August 04, 2024
Billionaire Elon Musk said on Sunday the Federal Reserve needs to cut interest rates and that it was foolish for the U.S. central bank not to have done so already.
August 04, 2024
3 reasons to worry about July’s weak jobs report — and 1 reason not to panic
August 03, 2024
By Michael S.
August 02, 2024
A surprisingly weak U.S. employment report for June has turned Wall Street confidence on a soft landing into near panic that a recession is looming, prompting major firms to change
August 02, 2024
A sharp repricing in U.S. interest rate cut expectations could give more fuel to a searing bond rally triggered by weakening economic data, as investors
August 02, 2024
The disappointing U.S. employment report for July unleashed a "Freakout Friday" moment in financial markets and triggered a wholesale resetting of expectations for how much
August 02, 2024
The turmoil shaking global financial markets reflects a sudden fear that the Federal Reserve may have held its key interest rate too high for too long, heightening the risk of a U.S. recession
August 02, 2024
Chicago Federal Reserve Bank President Austan Goolsbee said on Friday the U.S. central bank should move in a "steady" way, a mild pushback against the rush of market bets that the Fed will
August 02, 2024
Worries over tech earnings and a slowing U.S. economy slammed the Nasdaq Composite index on Friday as it extended recent declines to fall 10% below
August 02, 2024
Investors put money into U.S. equity funds in the week through July 31 as they anticipated the Federal Reserve would signal interest rate cuts following its policy meeting, though an
August 02, 2024
U.S. job growth slowed more than expected in July, while the unemployment rate increased to 4.3%, which could heighten fears that the labor market is deteriorating and potentially making
August 02, 2024
Traders bet on Friday that the Federal Reserve will start easing policy in September with a big half-percentage-point interest rate cut, after government data showed employers added far
August 02, 2024
U.S. central bankers may be having second thoughts about their decision earlier this week to hold borrowing costs steady, after a government report on Friday showed the job
August 02, 2024
Economic fears are roiling Wall Street, as worries grow that the Federal Reserve may have left interest rates elevated for too long, allowing them to hurt U.S.
August 02, 2024
The U.S. dollar dropped to a four-month low on Friday after a weaker-than-expected employment report for July raised expectations that the Federal Reserve will
August 01, 2024
The S&P 500 fell more than 2% and the Nasdaq more than 3% at one point late on Thursday, reversing early gains and closing the first session of August sharply lower after data spurred
August 01, 2024
The average rate on the popular U.S. 30-year mortgage rate fell to 6.73% this week, its lowest level since February as the bond market reacted to signs of
August 01, 2024
Dow closes nearly 500 points lower as investors fear the US economy is faltering
August 01, 2024
As the first U.S. interest rate cut in this cycle draws closer, long and short positions in the Treasury futures market, and overnight repo lending
August 01, 2024
U.S. construction spending unexpectedly fell in June and the prior month's data was revised lower as higher mortgage rates weighed on single-family homebuilding.
August 01, 2024
The Fed is about to do something it hasn’t done since the pandemic
August 01, 2024
U.S. stocks kicked off August sharply lower after a round of economic data on Thursday spurred concerns the economy may be slowing faster than anticipated
August 01, 2024
U.S. stocks tumbled after weak data raised worries the Federal Reserve may have missed its window to cut interest rates before undercutting the economy’s growth
August 01, 2024
As U.S. rate cuts come into view, investors are confronting a new challenge: figuring out whether the Federal Reserve will be able to ease
August 01, 2024
The dollar gained on Thursday as rising geopolitical tensions drove a safe-haven boost, while the British pound fell after the Bank of England cut interest rates
August 01, 2024
A look at the day ahead in Asian markets.
July 31, 2024
Federal Reserve Chair Jerome Powell said recent inflation data is increasing the central bank's confidence that inflation pressures are moving back to the 2% target.
July 31, 2024
The Federal Reserve held interest rates steady on Wednesday but opened the door to reducing borrowing costs as soon as its next meeting in September as inflation continues coming into line
July 31, 2024
Traders on Wednesday added to bets the Federal Reserve will start easing in September and go big when it does, even after Fed Chair Jerome Powell said policymakers are not thinking about a
July 31, 2024
Fitch Ratings said on Wednesday it expects the U.S. Federal Reserve to cut interest rates twice this year - in September and December.
July 31, 2024
Pay and benefits for America’s workers grew more slowly in the April-June quarter than in the first three months of the year, a trend that could keep price pressures in check and encourage the inflation-fighters at the Federal Reserve
July 31, 2024
Gold prices extended gains on Wednesday after Federal Reserve Chair Jerome Powell hinted that an interest rate cut could be on the table as
July 31, 2024
The S&P 500 and Nasdaq scored their biggest daily percentage gains since Feb. 22 and the Dow rose on Wednesday as chip stocks rallied and the Federal Reserve kept
July 31, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan By any standards of an already busy year, markets are digesting an awful lot of information in a very short space of time - with a
July 31, 2024
Benign inflation data and a cooling job market aside, U.S. credit conditions featuring tepid loan demand and stiff terms may also be bolstering confidence among Federal
July 31, 2024
Federal Reserve Chair Jerome Powell said on Wednesday interest rates could be cut as soon as September if the U.S. economy follows its expected
July 31, 2024
A look at the day ahead in European and global markets from Ankur Banerjee Investors in Europe will wake up to a volatile yen after the BOJ raised interest rates in a long-awaited move and a growing
July 31, 2024
MSCI'S global equities index registered its biggest daily gain in over five months on Wednesday and the dollar slightly pared losses after the U.S.
July 31, 2024
The dollar added to losses on Wednesday after the Federal Reserve held interest rates steady but opened the door to reducing borrowing costs as soon as its next
July 30, 2024
Federal Reserve Chair Jerome Powell has set the stage for the central bank’s first rate cut in four years
July 30, 2024
For more than a year, the U.S. stock market went in mostly one direction, up, and in mostly one manner, quietly
July 30, 2024
U.S. job openings fell modestly in June and data for the prior month was revised higher, suggesting the labor market continued to gradually slow and was not in
July 30, 2024
U.S. job openings fell slightly last month, a sign that the American labor market continues to cool in the face of high interest rates
July 30, 2024
Bond investors, expecting the Federal Reserve to hold interest rates steady this week but signal that rate cuts are imminent, are betting that the U.S.
July 30, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan To the extent that worries about pricey tech stocks and rising AI capex spending were partly behind last week's market shakeout,
July 30, 2024
European shares closed higher on Tuesday, boosted by earnings-driven gains across several pockets of the market, with focus squarely on the Federal
July 30, 2024
Asian stocks are mostly higher following a decision by the Bank of Japan to raise its benchmark interest rate
July 30, 2024
Federal Reserve efforts to overhaul a key emergency lending facility historically viewed with anxiety by banks are now being joined by potential congressional action.
July 29, 2024
The S&P 500 closed barely higher after Monday's choppy trading session as investors held their breath ahead of a raft of big technology company earnings, a
July 29, 2024
The Federal Reserve is expected to hold interest rates steady at a two-day policy meeting this week but open the door to interest rate cuts as soon as
July 29, 2024
Inflation is nearing the Federal Reserve's 2% target, and the central bank is expected to begin cutting interest rates as soon as September.
July 29, 2024
The longest and deepest U.S. Treasury yield curve inversion in history, a key bond market signal of an upcoming recession, could be nearing its end.
July 29, 2024
European shares ended a touch lower on Monday as investors remained risk averse at the start of an earnings-packed week, while global risk events such
July 29, 2024
Global stocks advanced and longer-dated U.S. yields slipped on Monday, at the start of a week jammed with earnings and a trio of central
July 28, 2024
A look at the day ahead in Asian markets.
July 28, 2024
Smart moves to make when the Fed starts cutting rates
July 27, 2024
Two years after launching an aggressive fight against inflation and one year after leaving its benchmark interest rate at a near-quarter-century high, the Federal Reserve is expected to signal this week that it will likely reduce borrowing costs as soon as September
July 26, 2024
Dow closes more than 600 points higher as investors gear up for rate cuts
July 26, 2024
Federal Reserve policymakers on Friday got fresh evidence of progress on inflation, fueling expectations they will use the U.S. central bank's meeting next week to signal they
July 26, 2024
The Federal Reserve’s favored inflation measure remained low last month, bolstering evidence that price pressures are steadily cooling and setting the stage for the Fed to begin cutting interest rates in September
July 26, 2024
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services, underscoring an improving inflation
July 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The end of a hair-raising week for the stock market has left more questions than answers, with Thursday's bumper U.S. growth data
July 26, 2024
Rattled investors are bracing for earnings from the market’s biggest tech companies, a Federal Reserve policy meeting and closely watched employment data in a
July 26, 2024
Often the scariest thing in markets is a rout without a trigger. People are still unsure about the precise cause of the October 1987 crash, for example.
July 26, 2024
A gauge of global stocks climbed for the first time in four sessions on Friday as equities steadied after a sharp selloff and U.S. economic data showed an
July 26, 2024
Federal Reserve policymakers are seen leaving their short-term interest-rate target in the 5.25%-5.50% range next week and waiting until September to start a string of quarter-point
July 25, 2024
Fewer Americans filed for unemployment benefits last week, but applications remained at recently elevated, though not troubling levels
July 25, 2024
By Michael S.
July 25, 2024
The nation’s economy accelerated last quarter at a strong 2.8% annual pace, with consumers and businesses helping drive growth despite the pressure of continually high interest rates
July 24, 2024
U.S. existing home sales fell more than expected in June as the median house price set another record high, but improving supply and declining mortgage rates
July 23, 2024
The Federal Reserve will cut interest rates just twice this year, in September and December, as resilient U.S. consumer demand warrants a cautious approach
July 23, 2024
The worst may be over for homebuyers
July 23, 2024
In September 2021, after absorbing three months of price hikes that were more than double the Federal Reserve's 2% target, U.S. central bank staff and
July 22, 2024
The U.S.
July 19, 2024
Top U.S. asset manager Vanguard favors high-rated corporate debt over riskier high-yield companies' bonds as it seeks protection against the possibility a
July 19, 2024
Global equity funds attracted inflows for a fourth successive week in the seven days to July 17, spurred by expectations of a Federal Reserve rate cut after recent data showed cooling
July 19, 2024
Investors have locked onto the U.S. central bank's Sept. 17-18 meeting for the start of interest rate cuts that Federal Reserve Chair Jerome Powell has said
July 19, 2024
The dollar climbed on Friday and was set to snap a two-week streak of declines as a worldwide cyber outage that affected banks, airlines and broadcasters
July 19, 2024
The average interest rate on the popular U.S. 30-year fixed-rate mortgage fell to its lowest level since mid-March this week, a welcome development for a housing
July 18, 2024
The International Monetary Fund on Thursday said the U.S.
July 18, 2024
The number of Americans filing new applications for unemployment benefits increased more than expected last week, but that did not signal a material shift in
July 18, 2024
U.S. filings for unemployment benefits rose again last week and appear to be settling consistently at a slightly higher though still healthy level
July 18, 2024
The European Central Bank left its key interest rate benchmark unchanged Thursday as its rate-setting council and President Christine Lagarde take their time to make sure stubborn inflation is firmly under control before lowering rates again
July 18, 2024
Gold prices edged higher on Thursday, as expectations of a September interest rate cut from the U.S. Federal Reserve continue to gather momentum.
July 18, 2024
Oil prices steadied on Thursday as investors wrestled with mixed signals about crude demand, with concerns about an economic slowdown in the U.S. contending with
July 18, 2024
Trump says he wouldn’t fire Fed Chair Jerome Powell. Don’t hold your breath
July 17, 2024
Consumer credit ratings firm Equifax forecast third-quarter revenue below Wall Street estimates on Wednesday as higher-for-longer interest rates continue to derail recovery in mortgage
July 17, 2024
U.S. economic activity expanded at a slight to modest pace from late May through early July with firms expecting slower growth ahead as they also reported
July 17, 2024
Loretta Mester, having worked in the Federal Reserve system her entire career, rose to become president of the Cleveland Fed for a decade until her retirement on June 30
July 17, 2024
By Michael S.
July 17, 2024
By Howard Schneider and Michael S.
July 17, 2024
Donald Trump will not try ousting Federal Reserve Chair Jerome Powell before the central banker's term ends and would consider JPMorgan CEO Jamie Dimon for
July 16, 2024
Dow and S&P 500 close at record highs as investors bet on September rate cut
July 16, 2024
Federal Reserve Governor Adriana Kugler on Tuesday expressed cautious optimism that inflation is returning to the U.S. central bank's 2% target, with goods,
July 16, 2024
Cooling inflation data is allowing the Federal Reserve to begin a "very reasonable" shift toward easing rates, but a still-strong U.S. labor market means that
July 16, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan After a jarring Monday that spurred a wave of U.S. election trades, world markets zeroed in Federal Reserve easing hopes, China's
July 16, 2024
Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record
July 16, 2024
World stock indexes mostly rose and the U.S. dollar gained against the yen on Tuesday after solid U.S. retail sales data was taken as
July 16, 2024
The dollar rose on Tuesday, on track for a second straight daily gain, after a reading of retail sales proved to be firmer than expected, but was still soft
July 16, 2024
Oil prices settled more than 1% lower on Tuesday, the third straight day of losses, on worries of a slowing Chinese economy crimping demand, though declines
July 15, 2024
San Francisco Federal Reserve Bank President Mary Daly on Monday said "confidence is growing" that inflation is heading toward the U.S. central bank's 2% goal, the bar that policymakers
July 15, 2024
Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year do "add somewhat to confidence" that the pace of price increases
July 15, 2024
Chair Jerome Powell said the Federal Reserve is becoming more convinced that inflation is headed back to its 2% target and said the Fed would cut rates before the pace of price increases actually reached that point
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday said he has no plans to leave his post as head of the U.S. central bank before his term expires, pouring cold
July 15, 2024
Federal Reserve Chair Jerome Powell said on Monday the three U.S. inflation readings over the second quarter of this year "add somewhat to confidence" that
July 15, 2024
Credit rejection rates were higher in June than earlier in 2024 but slightly lower than a year ago, new data from the Federal Reserve Bank of New York said on Monday.
July 15, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The shock shooting on Saturday of former President Donald Trump, who is seeking a return to the White House, is
July 15, 2024
Wall Street closed higher on Monday, building on Friday's rally as increasing expectations of a second Donald Trump presidency in the wake of a failed assassination
July 15, 2024
Federal Reserve Chair Jerome Powell on Monday kicks off what is shaping up as a key week of commentary from U.S. central bank officials taking stock of
July 15, 2024
The Federal Reserve has proposed new rules that would allow it to gather granular details about banks' exposure to shadow banks, a move that shows how regulators are
July 15, 2024
A look at the day ahead in European and global markets from Stella Qiu. Shock at the attempt to assassinate former President Donald Trump is driving markets this Monday.
July 15, 2024
The dollar fell slightly on Monday after comments from Federal Reserve Chair Jerome Powell, while cryptocurrencies rose on bets that an assassination attempt
July 14, 2024
Goldman Sachs has lodged an appeal with the U.S.
July 14, 2024
Looming U.S. interest rate cuts are presenting investors with a tough choice: stick with the Big Tech stocks that have driven returns for more than a year or
July 12, 2024
Executives from top U.S. banks remained divided over the U.S.
July 12, 2024
Unexpected bad news for inflation: Wholesale prices rose in June
July 12, 2024
U.S. producer prices increased slightly more than expected in June amid a rise in the cost of services, but that did not change expectations that the Federal
July 12, 2024
Wholesale prices in the United States rose by a larger-than-expected 2.6% last month from a year earlier, a sign that some inflation pressures remain elevated
July 12, 2024
India's No.3 IT services provider HCLTech reported a 6.7% rise in first-quarter revenue on Friday, and projected growth in most
July 12, 2024
Global debt funds attracted inflows for a 29th straight week in the seven days to July 10 on expectations of a Federal Reserve rate cut amid weakening labour market conditions and easing
July 12, 2024
U.S. stocks rose after some mixed signals on big banks’ profits and inflation did little to dent Wall Street’s belief that easier interest rates are on the way
July 12, 2024
Chicago Federal Reserve Bank President Austan Goolsbee said on Thursday the U.S. economy looks like it is back on track to 2% inflation after a bump up earlier this
July 11, 2024
Federal Reserve Bank of St.
July 11, 2024
The International Monetary Fund said on Friday it continues to believe that the Federal Reserve could start cutting interest rates later this year and should
July 11, 2024
San Francisco Federal Reserve Bank President Mary Daly on Thursday said that recent cooler inflation readings are a "relief" and she expects further easing in both price
July 11, 2024
The average rate on a 30-year mortgage fell slightly this week, providing modest relief for home shoppers facing record-high home prices
July 11, 2024
The Consumer Price Index, a measurement of the average change in prices for a commonly purchased basket of goods and services, dropped 0.1% from May, which helped to slow the annual rate of inflation to 3% from 3.3% in May, according to the Bureau of Labor Statistics’ latest report.
July 11, 2024
Bain Capital ups bid for Australia's Insignia to $1.8 billion, matching CC Capital
Hot US jobs data stoke yield fire, scold stocks
Lack of snow is having impacts on some winter businesses, events
Biden speaks with relatives of Americans held by Taliban, but deal to bring them home still elusive
Chicago to test new gunshot detection pilot system
Clippers, Lakers to resume their wildfire-delayed schedules on Monday
Lamar Jackson and Josh Allen will face off for a berth in the AFC championship game
Barcelona routs Real Madrid again to win Spanish Super Cup final 5-2