The Japanese yen rose off a five-month low against the dollar on Friday after a summary of opinions from the Bank of Japan’s December policy meeting showed some
December 27, 2024
The U.S. dollar hit a five-month high against the Japanese yen on Thursday on expectations the greenback would be boosted next year by policies by the incoming
December 26, 2024
What a wonderful year 2024 has been for investors
December 26, 2024
Wall Street closed mixed on Thursday and the U.S. benchmark Treasury yield eased after scaling the highest level since May in light, directionless
December 26, 2024
Groups representing U.S. banks and businesses said on Tuesday they were suing the Federal Reserve to challenge what they described as the "opaque aspects of the stress testing framework."
December 24, 2024
Major banks and business groups sued the Federal Reserve on Tuesday, alleging the U.S. central bank's annual "stress tests" of Wall Street firms violate the law.
December 24, 2024
Wall Street's main indexes all closed higher on Tuesday, with gains in megacap and growth stocks bolstering benchmarks in a truncated Christmas Eve session.
December 24, 2024
Wall Street topped off a global share rally in thin trade on Thursday as markets prepared for early Christmas Eve closes, while
December 24, 2024
The U.S.
December 23, 2024
Sales of new U.S. single-family homes rebounded in November after being depressed by hurricanes in the prior month, but rising mortgage rates could hamper sales next year.
December 23, 2024
New orders for key U.S.-manufactured capital goods surged in November amid strong demand for machinery, while new home sales rebounded after being weighed down
December 23, 2024
U.S. investors are preparing for a swathe of changes in 2025, from tariffs and deregulation to tax policy, that will ripple through markets as President-elect
December 23, 2024
Powell led the Fed’s fight against inflation. It’s not over yet — and it could get even harder
December 23, 2024
The dollar edged higher on Tuesday in thin holiday trading as the expected slower path of interest rate cuts from the U.S.
December 23, 2024
A global equity index rose on Monday with help from Wall Street, and U.S.
December 23, 2024
Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his options against any attempts by President-elect Donald Trump to
December 20, 2024
Chicago Federal Reserve President Austan Goolsbee said on Friday he now projects a shallower rate-cutting path in 2025 than he had previously, but added he still believes the U.S. central
December 20, 2024
The personal consumption expenditures (PCE) price index rose a less-than-expected 0.1% in November, marking a cooler inflation picture than October's unrevised 0.2% gain, and, combined with
December 20, 2024
By Michael S.
December 20, 2024
By Michael S.
December 20, 2024
By Michael S.
December 20, 2024
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains
December 20, 2024
The Fed’s go-to inflation gauge ticked up less than expected last month
December 20, 2024
Investors liquidated equity funds at the fastest rate in 15 years in the week to Dec. 18, driven by caution and profit-taking in anticipation of a hawkish outcome from the U.S.
December 20, 2024
Investors pulled a net $50.2 billion from U.S. equity funds in the week ending Dec. 18, according to LSEG Lipper data, the biggest net outflow since Sept. 2009, as they cashed in profits
December 20, 2024
Donald Trump seemed poised to inherit a relatively strong economy when he begins a second term in the White House in January
December 20, 2024
U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one
December 20, 2024
Oil prices settled little changed on
December 20, 2024
Wall Street surged on Friday and the dollar softened as cooler-than-expected inflation data helped investors look past the possibility of a government shutdown and
December 20, 2024
The U.S. dollar pulled back from a two-year high on Friday, but was heading for its third-straight week of gains, with data showing a slowdown in inflation two
December 20, 2024
A slightly more hawkish set of Federal Reserve regional bank presidents will become voters on the U.S. central bank's rate-setting panel in 2025, raising the chance that any
December 19, 2024
U.S. mortgage rates increased this week following three straight weekly declines and could rise further after the Federal Reserve projected fewer interest rate cuts in 2025,
December 19, 2024
The International Monetary Fund views Wednesday's Federal Reserve interest rate cut and adoption of a more cautious outlook as appropriate given high U.S.
December 19, 2024
The Federal Reserve Bank of New York on Thursday said it will add an extra operation of its standing repo facility in the days covering the end of the calendar year into early January.
December 19, 2024
A gauge of manufacturing activity in the U.S.
December 19, 2024
The U.S. economy grew faster than previously estimated in the third quarter, driven by robust consumer spending.
December 19, 2024
The number of Americans filing new applications for jobless benefits fell more than expected last week, almost reversing the prior two weeks' increases and
December 19, 2024
The Bank of England wrapped up a big year of central bank rate cuts by keeping rates steady on Thursday, a day after the Federal Reserve
December 19, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Although the Federal Reserve's "hawkish cut" on Thursday had been broadly expected, markets now fear 4% policy rates will be the
December 19, 2024
U.S. stocks ended little changed on Thursday, giving up an initial rebound from a sharp drop in the prior session after the Federal Reserve forecast fewer-than
December 19, 2024
Central banks from Brazil to Indonesia scrambled to defend their struggling currencies on Thursday, hours after the Federal Reserve jolted
December 19, 2024
European stocks fell on Thursday, with the benchmark STOXX recording its biggest single-day drop since early November as investors fled riskier assets
December 19, 2024
The rally in U.S. stocks is encountering a fresh hurdle -- a potentially problematic rise in Treasury yields as the Federal Reserve signals
December 19, 2024
An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat
December 19, 2024
Foreign investors divested Japanese stocks significantly in the week through Dec. 14, exercising caution ahead of policy meetings by the U.S.
December 19, 2024
The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment after the U.S.
December 19, 2024
The end of the Federal Reserve's interest rate-cutting cycle is suddenly in sight, and a complete U-turn with rate hikes next year can no longer be ruled
December 19, 2024
Wall Street stumbled to a close Thursday, ending nearly flat after an earlier rally ran out of steam late in the session as investors continued to parse the
December 19, 2024
The dollar hovered near its two-year high on Thursday after the Federal Reserve cut interest rates and signaled a
December 19, 2024
The imminent arrival of Donald Trump in the White House was already shaping global economic policy-making this week as the U.S.
December 19, 2024
The Hong Kong Monetary Authority (HKMA) on Thursday cut its base interest rate charged via the overnight discount window by 25 basis points to 4.75%, tracking a move by the U.S.
December 18, 2024
A look at the day ahead in Asian markets. The Federal Reserve has spoken, and as far as investors are concerned, the message was clear - clearly hawkish.
December 18, 2024
U.S. stocks plunged on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and the central bank's economic projections signaled a slower pace of cuts
December 18, 2024
By Michael S.
December 18, 2024
Dow plunges more than 1,100 points and marked its longest losing streak since 1974
December 18, 2024
The Federal Reserve started cutting interest rates in September of 2024. Since then, the average credit card interest rate has barely come down. CNN's Vanessa Yurkevich asks Bankrate's Ted Rossman when credit card rates might move lower and what people with credit card debt should do.
December 18, 2024
By Michael S.
December 18, 2024
Most central banks of the Gulf Cooperation Council cut key interest rates on Wednesday, following the Federal Reserve's decision to reduce U.S. rates
December 18, 2024
The U.S.
December 18, 2024
The Federal Reserve’s third interest rate cut of the year will likely have consequences for debt, savings, auto loans, mortgages and other forms of borrowing by consumers and businesses
December 18, 2024
Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Wednesday that the Federal Reserve
December 18, 2024
By Michael S.
December 18, 2024
U.S. central bankers on Wednesday issued fresh projections calling for two quarter-point interest-rate cuts next year amid rising inflation, a forecast consistent
December 18, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan For all the extreme bullishness about 2025, Wall Street is just a bit edgy as the Federal Reserve looks set to deliver its final
December 18, 2024
U.S. stocks plunged on Wednesday, with all three major indexes posting their biggest daily decline in months, after the Federal Reserve cut interest rates by a
December 18, 2024
The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of
December 18, 2024
By Michael S.
December 18, 2024
Key takeaways from the Fed’s third rate cut
December 18, 2024
European share indices closed up on Wednesday, boosted by technology stocks and French automaker Renault, though gains were capped on caution ahead of
December 18, 2024
The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing
December 18, 2024
A look at the day ahead in European and global markets from Vidya Ranganathan As a host of major central banks hold policy meetings over the next 24 hours, the U.S.
December 18, 2024
U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought
December 18, 2024
The Federal Reserve cut its key interest rate by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, mostly because of still-elevated inflation
December 18, 2024
Wall Street closed sharply lower on Wednesday, with the Dow falling over 1,100 points after the U.S.
December 18, 2024
Apple's board recommends shareholders vote against proposal to eliminate diversity programs
Trump Treasury pick Bessent to divest assets to avoid conflicts, NY Times reports
Stelter: ‘Zuckerberg wants to get off Trump’s enemy list’
Far-right party's convention draws protests as Germany's election campaign warms up
Mayotte on red alert again as another cyclone heads toward the French territory off Africa
Moldova's separatist Transdniestria region reduces blackouts
A powerful potential challenger to SpaceX’s rocket dominance is poised to launch
J.J. Spaun takes the lead at Sony Open with a wide-open chase in the wind of Waialae
Texans intercept Herbert a career-high 4 times in a 32-12 win over Chargers in wild-card playoff
Texans get 2 points on blocked extra point return vs. Chargers, 1st in NFL playoff history