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Today: January 12, 2025
Today: January 12, 2025

Federal Reserve

Business|Economy|Finance|US

Sharp downgrades to US unit labor costs bode well for inflation outlook

U.S. unit labor costs grew far less than initially thought in the third quarter, pointing to a still favorable inflation outlook even though price increases

Sharp downgrades to US unit labor costs bode well for inflation outlook
Business|Economy|Finance|Stock Markets|US

Wall St indexes fall with inflation data and rates in focus

Wall Street's main indexes closed lower on Tuesday as technology sector losses offset gains in communications services while investors waited for key

Wall St indexes fall with inflation data and rates in focus
Asia|Business|Economy|Finance|Stock Markets|US

US dollar rises, Aussie drops after Chinese trade data

The dollar rose on Tuesday ahead of U.S. inflation data that could offer clues about the Federal Reserve's monetary-easing path, while analysts assess the likely

US dollar rises, Aussie drops after Chinese trade data
Business|Economy|Finance|Stock Markets|US

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December

Citigroup, previously the only Wall Street brokerage forecasting a 50 basis point rate cut by the U.S.

Citigroup joins Wall Street peers in forecasting 25 bps rate cut by Fed in December
Business|Economy|Finance|Political|Stock Markets|US

FX markets brace for G10 policy blitz: McGeever

An extraordinary year for investors is poised to end with a monetary policy bang, with almost every G10 central bank scheduled to deliver interest rate

FX markets brace for G10 policy blitz: McGeever
Business|Economy|Finance|Stock Markets|US

Wall Street closes down as tech stocks fall

Wall Street's main indexes closed lower on Monday, driven by a drop in AI leader Nvidia that weighed on tech stocks, as investors looked ahead to a crucial inflation report set

Wall Street closes down as tech stocks fall
Asia|Economy|Europe|Finance|Political|Stock Markets|US

Fed cut gets baked in, China shifts monetary stance

A look at the day ahead in U.S. and global markets from Mike Dolan A seemingly robust U.S. employment report did little to dissuade markets that another Federal Reserve interest rate is coming this

Fed cut gets baked in, China shifts monetary stance
Business|Economy|Finance|Political|US

Trump says he doesn’t plan to remove Fed chairman Jerome Powell

Trump says he doesn’t plan to remove Fed chairman Jerome Powell

Trump says he doesn’t plan to remove Fed chairman Jerome Powell
Economy|Finance|Political|US

Trump says he will not try to replace Fed's Powell

U.S. President-elect Donald Trump said in an interview aired on Sunday he will not try to replace Federal Reserve Chair Jerome Powell upon taking office in January.

Trump says he will not try to replace Fed's Powell
Business|Economy|Finance|Stock Markets|US

Inflation report poses test for stocks rally as Fed meeting looms

An inflation report in the coming week will test the strength of the record-setting U.S. stocks rally and provide a crucial piece of data that could factor into

Inflation report poses test for stocks rally as Fed meeting looms
Business|Economy|Finance|US

Fed's Goolsbee hopes neutral can be in sight by late next year

Chicago Federal Reserve president Austan Goolsbee said that economic conditions will determine how fast the Federal Reserve cuts rates from here, but added he

Fed's Goolsbee hopes neutral can be in sight by late next year
Business|Economy|Finance|US

Fed's Hammack says time to slow rate cuts may have arrived

By Michael S.

Fed's Hammack says time to slow rate cuts may have arrived
Business|Economy|Finance|Stock Markets|US

HSBC expects S&P 500 index to hit 6,700 by end-2025

Brokerage HSBC said on Friday it expects the S&P 500 index to hit 6,700 by the end of 2025, on the back of robust corporate earnings growth and a resilient U.S. economy.

HSBC expects S&P 500 index to hit 6,700 by end-2025
Economy|Finance|Political|US

Fed's Bowman, worried by inflation, calls for caution on rate cuts

By Michael S.

Fed's Bowman, worried by inflation, calls for caution on rate cuts
Business|Economy|Finance|Stock Markets|US

Instant view: US Nov payrolls show job growth accelerated after October hiccup

U.S. job growth surged in November after being severely constrained by hurricanes and strikes, but probably does not signal a material shift in labor market conditions that continue to

Instant view: US Nov payrolls show job growth accelerated after October hiccup
Business|Economy|Finance|US

Fed seen poised to cut rates this month, debate 2025 pause

Federal Reserve officials appear on track to cut interest rates this month after data showed the U.S. labor market remained

Fed seen poised to cut rates this month, debate 2025 pause
Business|Economy|Finance|Stock Markets|US

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view

The Nasdaq and the S&P 500 rose to record closing highs on Friday following upbeat forecasts from Lululemon Athletica and other companies and as U.S. jobs

S&P 500, Nasdaq hit record closing highs; Lululemon gains, data supports rate cut view
Americas|Australia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Crypto gain, Europe pain

Bitcoin smashing the $100,000 barrier raises the prospect of the cryptocurrency going mainstream, U.S. inflation data will show how much pressure there is on the Fed to adjust rates and

Crypto gain, Europe pain
Economy|Europe|Finance|Political|Stock Markets

STOXX closes up; French stocks outperform on expectations of new budget

European shares eked out gains on Friday, with French stocks logging their biggest daily rise in three weeks as investors factored in a

STOXX closes up; French stocks outperform on expectations of new budget
Asia|Business|Economy|Europe|Finance|Political|Stock Markets

Risk-wary markets count down to payrolls

A look at the day ahead in European and global markets from Stella Qiu Risk sentiment took a hit in Asia on Friday from renewed political rumblings in South Korea, rattling investors' nerves as they

Risk-wary markets count down to payrolls
Business|Economy|Finance|US

US job market bounces back from impact of strikes, hurricanes

U.S. job growth surged in November after being severely hindered by hurricanes and strikes, but a rise in the unemployment rate to 4.2% pointed to an easing

US job market bounces back from impact of strikes, hurricanes
Business|Economy|Europe|Political|World

US dollar advances, fades earlier sell-off ahead of next week's inflation

The U.S. dollar rose on Friday, as earlier selling, amid a jobs report showing higher unemployment and modest job gains overall, lost momentum ahead of

US dollar advances, fades earlier sell-off ahead of next week's inflation
Business|Economy|Finance|Political|Stock Markets|US

Tariffs under first Trump term hurt US firms, NY Fed analysis says

Import tariffs during President-elect Donald Trump's first term broadly lowered stock values on the day they were unveiled, and were associated with lower future

Tariffs under first Trump term hurt US firms, NY Fed analysis says
Business|Economy|Finance|US

US weekly jobless claims edge up; falling imports compress trade deficit

The number of Americans filing new applications for unemployment benefits rose slightly last week, pointing to steadily easing labor market conditions heading

US weekly jobless claims edge up; falling imports compress trade deficit
Business|Economy|Finance|Stock Markets|US

Indexes dip with UnitedHealth, tech, ahead of jobs report

U.S. stocks ended lower on Thursday, with UnitedHealth down sharply and technology shares easing as investors awaited Friday's jobs report.

Indexes dip with UnitedHealth, tech, ahead of jobs report
Asia|Business|Economy|Finance|Stock Markets

Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data

Bitcoin traded near $100,000 on Thursday as investors bet on a friendly U.S. regulatory shift, while world stocks pulled back slightly

Wall Street stocks, bitcoin take breath from record highs ahead of US jobs data
Economy|Election|Finance|Political|US

Why Trump and the Federal Reserve could clash in the coming years

President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households

Why Trump and the Federal Reserve could clash in the coming years
Economy|Finance|Political|US

US Fed's Powell does not see Trump installing 'shadow' chair

By Michael S.

US Fed's Powell does not see Trump installing 'shadow' chair
Business|Economy|Finance|Political|US

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates

Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Economy|Finance|Political|US

Powell: Fed's independence from politics is vital to its interest rate decisions

Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome

Powell: Fed's independence from politics is vital to its interest rate decisions
Business|Economy|Finance|US

US economy grew slightly in recent weeks, Fed survey says

U.S. economic activity has expanded slightly in most regions since early October, with employment growth "subdued" and inflation rising at a modest pace and businesses expressing optimism

US economy grew slightly in recent weeks, Fed survey says
Business|Economy|Finance|US

Powell says Fed can afford to be a little more cautious

U.S.

Powell says Fed can afford to be a little more cautious
Economy|Finance|Political|US

Fed's Musalem expects more rate cuts, keeping options open on December meeting

St.

Fed's Musalem expects more rate cuts, keeping options open on December meeting
Asia|Business|Economy|Europe|Finance|Political|Stock Markets|US

Powell tees up after S.Korea jars, France waits

A look at the day ahead in U.S. and global markets from Mike Dolan A bizarre 24-hour period in which the world's 12th-biggest economy briefly introduced martial law left markets pondering geopolitical

Powell tees up after S.Korea jars, France waits
Business|Economy|Finance|Stock Markets|US

Tech rally, Powell comments boost indexes to record closing highs

All three major U.S. stock indexes scored record closing highs on Wednesday as technology shares rallied after upbeat results from Salesforce and as

Tech rally, Powell comments boost indexes to record closing highs
Asia|Business|Economy|Finance|Political|Stock Markets

Stocks gain, dollar steady; Wall Street shrugs off global political turmoil

A U.S. tech stock rally and expectations of lower interest rates boosted global shares while the euro and dollar were steady on Wednesday despite political turmoil in

Stocks gain, dollar steady; Wall Street shrugs off global political turmoil
Asia|Economy|Finance|Political|Stock Markets|US

Euro edges higher, but off peaks after French no-confidence vote; US dollar flat

The euro rose marginally against the U.S. dollar on Wednesday, but came off session highs, after a widely expected collapse of the French government

Euro edges higher, but off peaks after French no-confidence vote; US dollar flat
Business|Economy|Finance|US

Fed policymakers steer clear of December rate-cut guidance

U.S. central bankers on Tuesday said they continue to believe inflation is heading down to their 2% target and signaled support for further interest rate

Fed policymakers steer clear of December rate-cut guidance
Asia|Business|Economy|Finance|Stock Markets|Technology|US

Stock market today: Wall Street inches higher to set more records

U.S. stocks tiptoed to more records after a quiet day of trading

Stock market today: Wall Street inches higher to set more records
Economy|Finance|Political|US

Fed's Williams eyes further cuts as price pressures cool further

By Michael S.

Fed's Williams eyes further cuts as price pressures cool further
Business|Economy|Finance|US

A top Fed official leans toward December rate cut but says it depends on economic data

A top Federal Reserve official says he is leaning toward supporting an interest rate cut when the Fed meets in two weeks but that evidence of persistent inflation before then could cause him to change that view

A top Fed official leans toward December rate cut but says it depends on economic data
Business|Economy|Finance|US

Fed's Waller says he is inclined to cut rates in December

Federal Reserve Governor Christopher Waller, whose views are often a bellwether for U.S. monetary policy, said on Monday that with inflation still forecast

Fed's Waller says he is inclined to cut rates in December
Business|Economy|Finance|Political|US

Fed's Powell may have made US monetary policy boring again

For much of the past 17 years the Federal Reserve has been the central player in U.S. economic policy, throwing multi-trillion-dollar safety nets under the

Fed's Powell may have made US monetary policy boring again
Economy|Finance|Political|Stock Markets|US

Dollar flexes on Trump swipe, French politics, yuan slide

A look at the day ahead in U.S. and global markets from Mike Dolan The dollar breezed into December on the front foot, helped by Donald Trump's weekend support for its global reserve status just as

Dollar flexes on Trump swipe, French politics, yuan slide
Business|Economy|Finance|Political|Stock Markets|US

S&P 500, Nasdaq post record highs as tech-related shares gain

The Nasdaq and S&P 500 scored record closing highs on Monday, boosted by tech-related shares following the market's strong November gains, as investors

S&P 500, Nasdaq post record highs as tech-related shares gain
Asia|Business|Economy|Finance|Stock Markets|US

World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama

Stocks in the U.S. and Europe were mixed on Monday, while the dollar gained versus the euro, amid political turmoil in France and positive signals for the U.S.

World shares mixed, dollar advances amid improved U.S. manufacturing, French political drama
Asia|Australia|Economy|Finance|Political|Stock Markets

Euro drops as French government crisis escalates

The euro faltered on Monday against a strong U.S. dollar on growing concerns about a possible government collapse in France, which would stall plans to

Euro drops as French government crisis escalates
Business|Economy|Finance|Political|US

Why Trump’s tariff plans could lead to higher interest rates

Why Trump’s tariff plans could lead to higher interest rates

Why Trump’s tariff plans could lead to higher interest rates
Business|Economy|Finance|Stock Markets|US

Jobs data set to pave way for rates path, stocks

The coming week will give investors a fresh view into the health of the U.S. economy with the release of a closely watched employment report that could help

Jobs data set to pave way for rates path, stocks
Asia|Economy|Finance|Political|Stock Markets

European stocks perk up as markets slow for Thanksgiving

European shares ticked up on Thursday after falling the previous day, while Asian stocks slipped, as trading volumes thinned ahead of

European stocks perk up as markets slow for Thanksgiving
Business|Economy|Finance

US consumer price increases accelerated last month with inflation pressures resilient

Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has stalled

US consumer price increases accelerated last month with inflation pressures resilient
Business|Economy|Finance

Soft landing? Not so fast: Inflation heated back up in October

Soft landing? Not so fast: Inflation heated back up in October

Soft landing? Not so fast: Inflation heated back up in October
Business|Economy|US

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows

The number of Americans applying for unemployment benefits fell last week, remaining near seven-month lows

Number of Americans filing for jobless benefits falls again and hovers near 7-month lows
Business|Economy|US

US third-quarter economic growth unrevised at 2.8%

The U.S. economy grew at a solid clip in the third quarter, the government confirmed on Wednesday, amid robust consumer spending.

US third-quarter economic growth unrevised at 2.8%
Business|Economy|Finance|US

US weekly jobless claims decline further

The number of Americans filing new applications for unemployment benefits fell again last week, but many laid-off workers are experiencing long bouts of joblessness, keeping the

US weekly jobless claims decline further
Economy|Finance|US

U.S. housing affordability to worsen even as price rises slow: Reuters poll

Purchasing affordability for first-time U.S. homebuyers will worsen over the coming year on tight supply and just a few more Federal Reserve interest rate cuts

U.S. housing affordability to worsen even as price rises slow: Reuters poll
Economy|Finance|Stock Markets|US

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down

Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped on Thanksgiving eve

Wall Street stocks end lower after inflation data, tech stocks push Nasdaq down
Finance|Stock Markets|US

Holiday-bound US turns focus to inflation, France tense

A look at the day ahead in U.S. and global markets from Mike Dolan With Wall Street about to log off for what's effectively a four-day Thanksgiving holiday, trade tariff jitters are replaced by

Holiday-bound US turns focus to inflation, France tense
Economy|Finance|US

Some Fed policymakers open to lowering the overnight repo rate

Some Federal Reserve policymakers believe it may soon be time to lower the rate on funds that banks and money market funds park at the Fed, minutes from the Fed's most recent

Some Fed policymakers open to lowering the overnight repo rate
Economy|Finance

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation

With inflation still elevated, Federal Reserve officials expressed caution at their last meeting about cutting interest rates too quickly, adding to uncertainty about their next moves

Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
Business|Economy|Finance|US

Fed cites volatility, uncertainty as reasons to go slow on rate cuts

Federal Reserve officials appeared divided at their meeting earlier this month over how much farther they may need to cut interest rates, but as a group

Fed cites volatility, uncertainty as reasons to go slow on rate cuts
Economy|Finance|US

Fed minutes may show start of debate over how far to go on rate cuts

Federal Reserve officials say they are likely to keep reducing interest rates for now, and investors still expect them to do so at the U.S. central bank's

Fed minutes may show start of debate over how far to go on rate cuts
Business|Economy|Finance|Stock Markets|US

Fed's Kashkari: Interest-rate cut in December is 'reasonable'

Federal Reserve Bank of Minneapolis President Neel Kashkari, typically on the hawkish end of the U.S. central bank's policy spectrum, said on Monday he is open to cutting interest rates

Fed's Kashkari: Interest-rate cut in December is 'reasonable'
Business|Economy|Finance|US

Fed's top expert on productivity sees case for optimism

An economic adviser at the Federal Reserve Bank of San Francisco known for his research into productivity trends published an analysis Monday that left open the possibility

Fed's top expert on productivity sees case for optimism
US

Five key charts for the new Treasury secretary to watch

Donald Trump on Friday said he would nominate Scott Bessent to be the 79th U.S.

Five key charts for the new Treasury secretary to watch
Business|Election|Finance|Political|US

Trump taps Scott Bessent for Treasury, capping long drama over choice

President-elect Donald Trump on Friday said he will nominate prominent investor Scott Bessent as U.S.

Trump taps Scott Bessent for Treasury, capping long drama over choice
Business|Economy|Election|Finance|US

Investors see Treasury pick Bessent as calming US bond market worries

President-elect Donald Trump's choice of Scott Bessent for Treasury secretary

Investors see Treasury pick Bessent as calming US bond market worries
Election|Finance|US

Fed survey finds inflation fading as a risk next to debt, trade wars

President-elect Donald Trump may have campaigned hard against high inflation, but by the time of his Nov. 5 election victory financial

Fed survey finds inflation fading as a risk next to debt, trade wars
US

Fed announces policy framework review, plans for May 15-16 conference

The U.S.

Fed announces policy framework review, plans for May 15-16 conference
Uncategorized

New York Fed paper challenges notion of discount window stigma

By Michael S.

New York Fed paper challenges notion of discount window stigma
US

Trump considers Warsh for Treasury Secretary and later Fed chairman, WSJ reports

U.S.

Trump considers Warsh for Treasury Secretary and later Fed chairman, WSJ reports
Business|Economy|Finance|Stock Markets|US

Dollar climbs, euro weakens to two-year low after PMI data

The euro slumped to a two-year low while the dollar gained on Friday after gauges of business activity were released in each region, while bitcoin again hit a

Dollar climbs, euro weakens to two-year low after PMI data
Economy|Finance|US

Fed's Goolsbee says pace of rate cuts may need to slow

Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that

Fed's Goolsbee says pace of rate cuts may need to slow
Business|Economy|Finance|US

US 30-year fixed-rate mortgage approaches 7%

U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term.

US 30-year fixed-rate mortgage approaches 7%
Uncategorized

New York Fed says bank reserves abundant as of mid-November

By Michael S.

New York Fed says bank reserves abundant as of mid-November
Business|Economy|Finance|US

America's $7 trillion cash stash isn't going anywhere: McGeever

A record-high $7 trillion of cash is currently sitting "on the sidelines" in money market funds (MMFs).

America's $7 trillion cash stash isn't going anywhere: McGeever
Business|Economy|Finance|Stock Markets|US

US existing home sales rebound in October

U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief decline in

US existing home sales rebound in October
Business|Economy|Finance|US

US weekly jobless claims at seven-month low; home resales rebound in October

The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting that job growth likely rebounded in

US weekly jobless claims at seven-month low; home resales rebound in October
Business|Economy|Finance|US

Fed's Barkin says US is vulnerable to inflation shocks, FT reports

The U.S. is more vulnerable to inflationary shocks than in the past, Federal Reserve Bank of Richmond President Tom Barkin said in an interview with the Financial Times published on

Fed's Barkin says US is vulnerable to inflation shocks, FT reports
Business|Economy|Finance|US

Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports

Federal Reserve Bank of New York President John Williams sees inflation cooling and interest rates falling further, he told Barron's in an interview published on Thursday.

Fed's Williams sees inflation cooling and interest rates falling further, Barron's reports
Asia|Business|Finance|Stock Markets|Technology

Stocks rise as markets digest Nvidia results, bitcoin nears $100,000 threshold

An index of global stock markets edged higher in choppy trading on Thursday as investors digested lackluster revenue forecasts from artificial-

Stocks rise as markets digest Nvidia results, bitcoin nears $100,000 threshold
Economy|Finance|US

Dollar rises after claims data, bitcoin continues rally

The dollar rose to a 13-month high in choppy trading on Thursday as investors assessed the latest labor market data and comments from Federal Reserve officials

Dollar rises after claims data, bitcoin continues rally
Economy|Finance|US

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers

Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates

Federal Reserve's likely slowdown in rate cuts could disappoint borrowers
Uncategorized

Fed's Collins sees more rate cuts ahead for US central bank

By Michael S.

Fed's Collins sees more rate cuts ahead for US central bank
Economy|Finance|US

Fed's Bowman says rate cuts are concerning

Federal Reserve Governor Michelle Bowman on Wednesday expressed discomfort with the U.S. central bank cutting interest rates while inflation continues to run above the Fed's

Fed's Bowman says rate cuts are concerning
Economy|Finance|US

Fed's Bowman calls for cautious approach on interest rates

Federal Reserve Governor Michelle Bowman, among the U.S. central bank's most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting

Fed's Bowman calls for cautious approach on interest rates
US

Fed governors stake out competing views of inflation risk

Two Federal Reserve governors on Wednesday laid out competing visions of where U.S. monetary policy may be heading, with one

Fed governors stake out competing views of inflation risk
US

Fed to lower rates in Dec but slow pace in 2025 on inflation risks: Reuters poll

The U.S.

Fed to lower rates in Dec but slow pace in 2025 on inflation risks: Reuters poll
Business|Economy|Finance|US

Senator Warren urges Fed to keep Wells Fargo asset cap

The Federal Reserve must not remove Wells Fargo's $1.95 trillion asset cap until the bank has fixed its risk management and compliance issues, top Democratic

Senator Warren urges Fed to keep Wells Fargo asset cap
Economy|Finance

Fed's Schmid says it is uncertain how far interest rates can fall

It remains uncertain how far interest rates can fall, though the initial reductions made by the U.S. central bank are a vote of confidence that inflation is

Fed's Schmid says it is uncertain how far interest rates can fall
Asia|Business|Economy|Europe|Finance|Stock Markets

Traders focus on Fed as key Trump picks awaited

A look at the day ahead in European and global markets from Kevin Buckland Signs are positive for European stocks' open, with futures pointing up, and equity indices across most of Asia also in the

Traders focus on Fed as key Trump picks awaited
Asia|Economy|Finance|Stock Markets|US

Stocks rise, oil settles slightly up as Russia-US tensions mount

Global stocks rose in choppy trading on Tuesday as markets waited for President-elect Donald Trump to make more appointments to his

Stocks rise, oil settles slightly up as Russia-US tensions mount
Economy|Finance|US

US labor market still boosting inflation, San Francisco Fed economists say

A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published on Monday by the San

US labor market still boosting inflation, San Francisco Fed economists say
Business|Finance|Stock Markets|US

Bruised Wall Street keeps wary eye on Nvidia

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street feels a little bruised after its worst week in 10 spoiled the post-election party, with home truths on interest rates and

Bruised Wall Street keeps wary eye on Nvidia
Business|Finance|Stock Markets|Technology|US

Nasdaq, S&P close higher as investors await Nvidia earnings

The Nasdaq and S&P 500 closed higher on Monday, recovering some losses as investors anticipate quarterly earnings from AI leader Nvidia, and Tesla jumped on the

Nasdaq, S&P close higher as investors await Nvidia earnings
US

Nomura expects Fed to pause rate-cut cycle in December

The U.S.

Nomura expects Fed to pause rate-cut cycle in December
Business|Economy|Election|Finance|Political|US

Trump adds more Treasury secretary candidates, media reports

President-elect Donald Trump added former Federal Reserve Governor Kevin Warsh and billionaire Marc Rowan to the list of candidates to become his Treasury secretary, the New York

Trump adds more Treasury secretary candidates, media reports
Business|Economy|Finance|Stock Markets|US

Dollar strengthens against yen on Bank of Japan's hike uncertainty

The dollar rose against the yen on Monday to resume its recent ascent after Japan's top central bank official signaled further monetary policy tightening was

Dollar strengthens against yen on Bank of Japan's hike uncertainty
Business|Economy|Finance|US

Fed's Goolsbee sees another 125 bps of rate cuts by end-2025

Federal Reserve Bank of Chicago President Austan Goolsbee on Friday signaled he feels the U.S. central bank will likely end up cutting the policy rate by another quarter of a percentage

Fed's Goolsbee sees another 125 bps of rate cuts by end-2025
Business|Economy|Finance|US

Strong US data feeds doubts about Fed December rate cut

Strong U.S. economic and inflation data continue to reshape the debate among Federal Reserve policymakers over the pace and extent of interest rate cuts as

Strong US data feeds doubts about Fed December rate cut
Uncategorized

Fed's Collins won't rule out a December rate cut, on Bloomberg TV

By Michael S.

Fed's Collins won't rule out a December rate cut, on Bloomberg TV
Business|Economy|US

US industrial production sags in October amid continued drag from Boeing strike, hurricanes

U.S. industrial production fell for a second straight month in October, continuing to be depressed by hurricanes and a strike by factory workers at Boeing, but a rebound is

US industrial production sags in October amid continued drag from Boeing strike, hurricanes
Finance|Technology|US

Fed's Collins says tech changes can improve financial system

Federal Reserve Bank of Boston President Susan Collins said Friday the U.S. central bank needs to keep a close watch on technological developments in the financial system.

Fed's Collins says tech changes can improve financial system
Economy|Finance|US

US import prices unexpectedly rise in October

U.S. import prices unexpectedly rose in October amid higher prices for fuels and other goods, the latest indication of lack of progress lowering inflation in recent months.

US import prices unexpectedly rise in October
Business|Economy|US

Solid US retail sales in October underscore economy's resilience

U.S. retail sales increased slightly more than expected in October as households boosted purchases of motor vehicles and electronic goods, suggesting the

Solid US retail sales in October underscore economy's resilience
Economy|Finance|US

Fed draws veil over post-election easing

A look at the day ahead in U.S. and global markets from Mike Dolan Faced with another monthly round of stubborn inflation and uncertainty about fiscal, tariff and immigration policy ahead, the Federal

Fed draws veil over post-election easing
Business|Economy|Finance|Stock Markets|US

Wall St sinks on Powell rate-cut caution, Trump cabinet picks

Wall Street's main indexes closed lower on Friday, with the S&P 500 and Nasdaq notching their biggest one-day losses in two weeks, on concerns

Wall St sinks on Powell rate-cut caution, Trump cabinet picks
Business|Economy|Finance|US

Boston Fed president says December rate cut not a 'done deal', WSJ reports

Federal Reserve Bank of Boston President Susan Collins said in an interview with the Wall Street Journal that another rate cut in December is on the table, but it is not a "done deal".

Boston Fed president says December rate cut not a 'done deal', WSJ reports
Economy|Finance|US

Dollar notches weekly gain as traders reassess rate cut expectations

The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future interest rate

Dollar notches weekly gain as traders reassess rate cut expectations
Business|Economy|Finance|US

Fed's Powell declines to say if he would remain after chair term expires

Federal Reserve Chair Jerome Powell on Thursday declined to say whether he would remain at the U.S. central bank as a board member after his term as chief expires in May 2026.

Fed's Powell declines to say if he would remain after chair term expires
Uncategorized

Fed has time to see what Trump policies mean for the economy, Powell says

By Michael S.

Fed has time to see what Trump policies mean for the economy, Powell says
Economy|Finance|Stock Markets|US

Powell says no need for Fed to rush rate cuts given strong economy

Ongoing economic growth, a solid job market, and inflation that remains above the 2% target means the U.S. central bank does not need to rush to lower interest rates and can deliberate

Powell says no need for Fed to rush rate cuts given strong economy
Business|Economy|Finance|Stock Markets|US

Powell says Fed will likely cut rates cautiously given persistent inflation pressures

Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next

Powell says Fed will likely cut rates cautiously given persistent inflation pressures
Business|Economy|Finance|US

Fed’s Powell: Rate cuts are still underway, but there’s no hurry

Fed’s Powell: Rate cuts are still underway, but there’s no hurry

Fed’s Powell: Rate cuts are still underway, but there’s no hurry
Business|Economy|Finance|US

Barkin: Wages, possible tariffs, reasons to be careful about declaring inflation victory

High union wage settlements and the possibility of coming tariff increases are among the uncertainties that could make U.S.

Barkin: Wages, possible tariffs, reasons to be careful about declaring inflation victory
Economy|Finance|US

Rising US producer prices add to signs of fading disinflation

U.S. producer prices picked up in October, lifted by higher costs for services like portfolio management and airline fares, another sign that progress towards

Rising US producer prices add to signs of fading disinflation
Business|Economy|Finance|US

Traders keep bets on Dec rate cut after latest US economic data

Futures tied to the Federal Reserve's policy rate edged down after data showed wholesale prices firmed a little more than expected last month, though not enough to suggest traders have

Traders keep bets on Dec rate cut after latest US economic data
Business|Economy|US

US weekly jobless claims fall; unemployment rolls shrink

The number of Americans filing new applications for unemployment benefits fell last week, suggesting the labor market continued to chug along and that the abrupt slowdown in job

US weekly jobless claims fall; unemployment rolls shrink
Uncategorized

Fed's Kugler says Fed has made good progress on achieving mandates

By Michael S.

Fed's Kugler says Fed has made good progress on achieving mandates
Economy|Finance|Stock Markets|US

Energy shares help lift Toronto market to fresh record high

Canada's main stock index extended its record-setting run on Thursday as gains for energy shares offset a pullback in technology stocks and investors weighed recent declines

Energy shares help lift Toronto market to fresh record high
Business|Economy|Finance|Stock Markets|US

Wall St indexes end lower after Powell erodes hopes for December rate cut

Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate

Wall St indexes end lower after Powell erodes hopes for December rate cut
Business|Economy|Finance|Stock Markets|US

A twist in the U.S.'s inflation tale?

A look at the day ahead in U.S. and global markets by Amanda Cooper.

A twist in the U.S.'s inflation tale?
Business|Election|Europe|Finance|Stock Markets|US

No end in sight for Trump-fuelled trade

A look at the day ahead in European and global markets from Rae Wee Market movement over the past week or so since Donald Trump won the U.S. presidential election have been characterised by a turbo-

No end in sight for Trump-fuelled trade
Business|Election|Finance|Stock Markets|US

Dollar retains strength against peers on Trump trade

The U.S. dollar strengthened against major peers on Thursday, trading at a one-year high and headed for a fifth straight session of gains, propelled

Dollar retains strength against peers on Trump trade
Economy|Finance|Political|US

Top Federal Reserve official defends central bank's independence in wake of Trump win

A Federal Reserve official has given a lengthy defense of the central bank's political independence

Top Federal Reserve official defends central bank's independence in wake of Trump win
Business|Economy|Finance|US

Fed's Schmid: extent of further rate cuts 'remains to be seen'

Kansas City Federal Reserve Bank President Jeffrey Schmid on Wednesday said the U.S. central bank's interest-rate cuts to date acknowledge its growing confidence that inflation is headed

Fed's Schmid: extent of further rate cuts 'remains to be seen'
Economy|Finance|US

Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks

The Federal Reserve is in the "last mile" of its inflation fight, with price pressures converging towards the U.S. central bank's 2% target, though recent data have raised the risk that progress may

Musalem says Fed in 'last mile' of inflation fight, but recent data raise risks
Uncategorized

NY Fed says household debt up in third quarter as rising incomes ease debt burden

By Michael S.

NY Fed says household debt up in third quarter as rising incomes ease debt burden
Business|Economy|Finance|US

Fed officials wary of inflation risks as they weigh more rate cuts

After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention back to inflation risks as

Fed officials wary of inflation risks as they weigh more rate cuts
Economy|Finance|US

Oct CPI inflation up modestly, as expected

U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the

Oct CPI inflation up modestly, as expected
Economy|Finance|Stock Markets|US

Traders bet on Fed December rate cut after inflation data

Traders of contracts that settle to the Federal Reserve's policy rate moved Wednesday to price in a firmer chance of another quarter-point interest-rate cut at the central bank's meeting

Traders bet on Fed December rate cut after inflation data
Economy|Finance|US

Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025

U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low inflation has slowed in recent months

Progress lowering US consumer inflation stalling; rate cut pace uncertain in 2025
Election|Finance|Stock Markets|US

Inflation worries come back to haunt bond strategists after Trump victory: Reuters poll

Donald Trump's presidential election win has forced bond strategists to make a material change in their outlook towards higher longer-dated Treasury yields, a

Inflation worries come back to haunt bond strategists after Trump victory: Reuters poll
Business|Finance|Stock Markets|US

FTSE 100 edges up after U.S. inflation data, Smiths Group rallies

The UK's FTSE 100 ended slightly higher on Wednesday as U.S. inflation data was in line with expectations, keeping hopes of rate cuts intact, while defence company Smiths

FTSE 100 edges up after U.S. inflation data, Smiths Group rallies
Business|Economy|Finance|Stock Markets|US

Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact

The Dow and the S&P 500 ended slightly higher on Wednesday while the Nasdaq lost ground after October data showed consumer prices rising in line with

Wall Street ends mixed while inflation data keeps Fed rate-cut hopes intact
Business|Economy|Europe|Finance|Stock Markets|Technology|US

European shares edge lower as energy gains offset real estate, tech losses

European shares ended Wednesday on a dour note, with the STOXX 600 closing at a three-month low as rising energy shares countered real estate losses,

European shares edge lower as energy gains offset real estate, tech losses
Economy|Europe|Finance|Stock Markets|US

'Trump trades' pause for breath before US CPI

A look at the day ahead in European and global markets from Kevin Buckland The wide-ranging market bets on big fiscal spending, lower taxes and higher tariffs under incoming U.S.

'Trump trades' pause for breath before US CPI
Asia|Business|Economy|Finance|US

Stocks dip, longer-dated US yields higher after inflation data

A gauge of global stocks fell for a second straight session on Wednesday and longer-dated U.S.

Stocks dip, longer-dated US yields higher after inflation data
Finance|Stock Markets|US

Dollar hits one-year high on Trump trades

The U.S. dollar advanced to one-year high against major currencies on Wednesday powered by so-called Trump trades and after U.S. inflation for October came in as

Dollar hits one-year high on Trump trades
Uncategorized

NY Fed's Perli still sees ample money market liquidity

By Michael S.

NY Fed's Perli still sees ample money market liquidity
Business|Economy|Finance

Larry Summers sounds the alarm bell on inflation — before Trump even takes office

Larry Summers sounds the alarm bell on inflation — before Trump even takes office

Larry Summers sounds the alarm bell on inflation — before Trump even takes office
Economy|Finance|US

Fed policy is 'modestly restrictive,' Kashkari says

Minneapolis Federal Reserve Bank President Neel Kashkari said he feels U.S. monetary policy is currently "modestly restrictive," with short-term borrowing costs continuing to slow

Fed policy is 'modestly restrictive,' Kashkari says
Economy|US

US consumers see lower inflation and debt delinquency risk, NY Fed survey shows

U.S. consumers in October grew more confident about inflation continuing to ease and in the health of the job market, and for the first time in five months they saw a lower risk of

US consumers see lower inflation and debt delinquency risk, NY Fed survey shows
Business|Economy|Finance|Technology|US

Fed's Waller: Stablecoins could bring benefits to financial system

Federal Reserve Governor Christopher Waller said Tuesday stablecoins are effectively “synthetic” dollars that can bring benefits to the financial system.

Fed's Waller: Stablecoins could bring benefits to financial system
Business|Economy|Finance|US

Fed's Waller says private sector should lead on payment system innovation

By Michael S.

Fed's Waller says private sector should lead on payment system innovation
Economy|Finance|US

US monetary policy still restrictive, two Fed officials say

The Federal Reserve's policy rate continues to act as a brake on the resilient labor market and on inflation that is still above the 2% target, two U.S. central bankers said

US monetary policy still restrictive, two Fed officials say
Business|Economy|Finance|Technology|US

Elon Musk wants to radically reshape who controls America’s money supply

Elon Musk wants to radically reshape who controls America’s money supply

Elon Musk wants to radically reshape who controls America’s money supply
Election

'Blinders on' but be prepared: In 2016, Fed took note of Trump's plans

Within weeks of Donald Trump's 2016 election, U.S.

'Blinders on' but be prepared: In 2016, Fed took note of Trump's plans
Economy|Finance|US

US consumer sentiment rises in November, UMich says

U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households' expectations for the future climbing to the highest in more than three years, led by

US consumer sentiment rises in November, UMich says
Business|Finance|US

Column-Powell's words matter, but his actions matter more: McGeever

If bond investors take away one lesson from the last few years, it's this: pay attention not so much to what Jerome Powell says, but what he does.

Column-Powell's words matter, but his actions matter more: McGeever
Business|Election|Finance|US

Global money market funds saw large inflows on election caution

Global money market funds attracted sharp inflows in the week to Nov. 6 as investors sought safety ahead of the U.S. presidential election and the Federal Reserve's policy meeting.

Global money market funds saw large inflows on election caution
Business|Economy|Stock Markets|US

Post-election Wall St booms as Fed cuts, China spurs

A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street's S&P500 looks poised to test 6,000 for the first time as the Federal Reserve underscored a post-election stock surge

Post-election Wall St booms as Fed cuts, China spurs
Business|Finance|Stock Markets|US

S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances

The S&P 500 briefly surpassed the 6,000 mark and closed with its biggest weekly percentage gain in a year, as Donald Trump's election victory and a possible

S&P 500 breaks 6,000 level as Trump and Fed-fueled rally advances
Business|Economy|Finance|Stock Markets|US

Bond rebound uncertain as Trump plans overshadow Fed rate cuts

Prospects of a near-term rebound in the $28-trillion U.S. government bond market are faltering, as Donald Trump’s return to the White House

Bond rebound uncertain as Trump plans overshadow Fed rate cuts
Asia|Business|Economy|Finance|Stock Markets

S&P 500 blows past 6,000 points on Trump presidency

The U.S.

S&P 500 blows past 6,000 points on Trump presidency
Business|Economy|Finance|Stock Markets|US

Dollar on track for weekly gain after Trump election win

The dollar rose on Friday and was heading for a weekly gain as investors evaluated the likely impact on the American economy of Tuesday’s election of

Dollar on track for weekly gain after Trump election win
Asia|Economy|Finance

South Korea to respond if market volatility heightens excessively, finance minister says

South Korea's finance minister said on Friday that authorities will respond in a timely manner if volatility heightens excessively in financial markets.

South Korea to respond if market volatility heightens excessively, finance minister says
Uncategorized

Fed's Powell says he will not quit even if asked by Trump

By Michael S.

Fed's Powell says he will not quit even if asked by Trump
Business|Economy|Finance|MidEast|US

Most Gulf central banks follow Fed lead and cut key interest rates

Most central banks of the Gulf Cooperation Council (GCC) cut key interest rates on Thursday, following the Federal Reserve's decision to reduce

Most Gulf central banks follow Fed lead and cut key interest rates
Business|Economy|Finance|Stock Markets

US rate futures price in more Fed easing in December and 2025

Futures on the federal funds rate, which measure the cost of unsecured overnight loans between banks, priced in on Thursday another 25-basis-point rate

US rate futures price in more Fed easing in December and 2025
Economy|Finance|US

Fed's Powell says election outcome has no near-term policy impact

Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making choices the outcome of this week's election.

Fed's Powell says election outcome has no near-term policy impact
Business|Economy|Finance|Stock Markets|US

Instant view: Fed cuts rates 25 bp, as expected

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as policymakers took note of a job market that has "generally eased" while inflation continues to move

Instant view: Fed cuts rates 25 bp, as expected
US

Trump likely to allow Fed Chair Powell to serve remainder of his term, CNN reports

U.S.

Trump likely to allow Fed Chair Powell to serve remainder of his term, CNN reports
Business|Economy|Finance|US

Trump is likely to allow Fed chair to stay. Powell said he can’t be fired anyway

Trump is likely to allow Fed chair to stay. Powell said he can’t be fired anyway

Trump is likely to allow Fed chair to stay. Powell said he can’t be fired anyway
Business|Economy|Finance|Stock Markets|US

Brokerages scale back predictions for 2025 Fed cuts after payrolls data

Several major brokerages have tempered their predictions for how much the Federal Reserve will lower interest rates in 2025, if at all, after a surprisingly strong U.S. employment report

Brokerages scale back predictions for 2025 Fed cuts after payrolls data
Business|Economy|Finance|US

US worker productivity rises moderately in third quarter; labor costs elevated

U.S. worker productivity increased moderately in the third quarter, resulting in only a gradual slowdown in labor costs that could cast a cloud over the inflation outlook.

US worker productivity rises moderately in third quarter; labor costs elevated
Business|Economy|Finance|US

US weekly jobless claims rise marginally; unit labor costs stir inflation fears

The number of Americans filing new applications for unemployment benefits rose slightly last week, suggesting no material change in the labor market and

US weekly jobless claims rise marginally; unit labor costs stir inflation fears
Economy|Election|Finance|Stock Markets|US|World

Fed and BOE decide as US House awaited, Germany jarred

A look at the day ahead in U.S. and global markets from Mike Dolan World stocks and bond yields pushed higher after Donald Trump's clear U.S. election win and a collapse of Germany's coalition redrew

Fed and BOE decide as US House awaited, Germany jarred
US

Fed's Powell flags careful, patient approach after rate cut

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking stock of what could

Fed's Powell flags careful, patient approach after rate cut
Economy|Finance|Stock Markets|US

Stocks close higher after Fed cuts interest rates

U.S. stocks closed higher on Thursday, after the Federal Reserve announced a cut of 25 basis points (bps) in interest rates, extending a sharp rally sparked by

Stocks close higher after Fed cuts interest rates
Business|Economy|Election|Finance|US

How Trump’s second term could impact future interest rates

The Federal Reserve cut interest rates by a quarter point, CNN's Julia Chatterley breaks down how President-elect Donald Trump’s return could impact interest rates and the economy.

How Trump’s second term could impact future interest rates
Business|Economy|Finance|US

Key takeaways from the Fed’s rate cut after the election

Key takeaways from the Fed’s rate cut after the election

Key takeaways from the Fed’s rate cut after the election
Economy|Election|Finance|US

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

The Federal Reserve cut its key rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty
Asia|Business|Economy|Finance|Stock Markets|US

Stock market today: Most of Wall Street rises after the Fed cuts interest rates

Most U.S. stocks rose as the Federal Reserve cut interest rates again to make things easier for the economy

Stock market today: Most of Wall Street rises after the Fed cuts interest rates
Economy|Election|Finance|Stock Markets|US

Trump's election victory puts Fed on path for fewer rate cuts

U.S.

Trump's election victory puts Fed on path for fewer rate cuts
Business|US|World

US yields post sharp gains as Trump victory triggers caution about deficits

U.S.

US yields post sharp gains as Trump victory triggers caution about deficits
Uncategorized

Markets more confident Fed balance sheet drawdown has room to run

By Michael S.

Markets more confident Fed balance sheet drawdown has room to run
Economy|Finance|US

Tight credit conditions add to case for Fed interest-rate cut

The Federal Reserve has plenty of reasons to deliver a widely expected interest rate cut on Thursday, including a decline in inflation and a cooling in labor markets that

Tight credit conditions add to case for Fed interest-rate cut
Business|Election|Finance|Stock Markets|US

Traders trim bets on Fed rate cuts in 2025 as early election results tallied

Traders trimmed bets Tuesday on Federal Reserve interest rate cuts next year, as early tallies for the U.S. presidential election rolled in through the evening. 

Traders trim bets on Fed rate cuts in 2025 as early election results tallied
Business|Economy|Finance|Stock Markets|US

Will the Fed really 'lose control' of the bond market?: McGeever

When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll face a much more complicated

Will the Fed really 'lose control' of the bond market?: McGeever
Election|Finance|Stock Markets|US

World markets firm as America decides

A look at the day ahead in U.S. and global markets from Mike Dolan Even with the uncertainty of what most pollsters see as a dead heat in the White House race, world markets are in a upbeat mood as

World markets firm as America decides
Business|Economy|Finance|US

Bond investors minimize bets as US election overshadows Fed meeting

Bond investors are keeping a defensive but neutral stance in

Bond investors minimize bets as US election overshadows Fed meeting
Election|Finance|Stock Markets|US

Wall St slips as uncertainty surrounds U.S. election

U.S. stocks closed slightly lower after a choppy session on Monday, as investors prepared for a crucial week in which Americans will elect a new president and

Wall St slips as uncertainty surrounds U.S. election
Election|Finance|US

Global equity funds see first weekly outflow in five weeks on caution ahead of US elections

Investors withdrew money from global equity funds in the week ended Oct. 30, amid caution ahead of Tuesday's U.S. presidential election and the Federal Reserve's policy decision later in

Global equity funds see first weekly outflow in five weeks on caution ahead of US elections
Asia|Business|Economy|Stock Markets|US

Dollar, stocks slip before tight US election; government yields drop

The dollar softened and stocks fell on Monday as investors treaded carefully hours before the U.S. presidential election, with a U.S.

Dollar, stocks slip before tight US election; government yields drop
Economy|Finance|US

Dollar slips as traders unwind Trump trades before election

The U.S. dollar slipped on Monday as investors pulled out of Trump trades, which have benefited in recent weeks from speculation that Republican

Dollar slips as traders unwind Trump trades before election
Business|Economy|Finance|US|World

The world is about to get some much-needed clarity on the US economy’s future

The world is about to get some much-needed clarity on the US economy’s future

The world is about to get some much-needed clarity on the US economy’s future
Election|Finance|Stock Markets|US

US election, Fed meeting loom in big week for markets

A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more

US election, Fed meeting loom in big week for markets
Business|Economy|Finance|US

Fed seen on track for 25-basis-point rate cuts next week and in December 

Federal Reserve policymakers look all but certain to reduce short-term borrowing costs by a modest quarter of a percentage point at their policy meeting next week, their

Fed seen on track for 25-basis-point rate cuts next week and in December 
Business|Economy|US

Weak US Oct payrolls growth skewed by storms, strikes

U.S. job growth slowed sharply in October amid disruptions from hurricanes and strikes by aerospace factory workers, but the unemployment rate held steady at 4.1%, offering assurance that

Weak US Oct payrolls growth skewed by storms, strikes
Business|Election|Stock Markets|US

Amazon calms the horses, payrolls due

A look at the day ahead in U.S. and global markets from Mike Dolan With next week's U.S. election now dominating thinking, the last two megacap earnings reports of the week appear to have calmed the

Amazon calms the horses, payrolls due
Business|Finance|Stock Markets|US

Wall St closes higher as Amazon's gains offset weak job growth

Wall Street's major indexes ended higher on Friday, rebounding from the previous day's sell-off as Amazon's strong earnings countered a significant drop in U.S. job

Wall St closes higher as Amazon's gains offset weak job growth
Business|Economy|Finance|Stock Markets|US

US labor market staggers after blow from hurricanes, strikes

U.S. job growth almost stalled in October as strikes in the aerospace industry depressed manufacturing employment while hurricanes shortened the collection

US labor market staggers after blow from hurricanes, strikes
Business|Economy|Finance|US

Dollar rebounds after weak jobs data; traders eye US election

The dollar rose against the euro and rebounded against most major currencies on Friday after traders digested data showing U.S. job growth

Dollar rebounds after weak jobs data; traders eye US election
Economy|Finance|US

US economic outperformance to keep dollar strong- Reuters poll

The U.S. dollar will hold on to its recent strength over coming months on robust domestic economic data and continued scaling back of bets for Federal Reserve

US economic outperformance to keep dollar strong- Reuters poll
Uncategorized

Fed governor divesting stock bought by spouse in violation of trading rules

By Michael S.

Fed governor divesting stock bought by spouse in violation of trading rules
Economy|Finance|US

Average rate on a 30-year mortgage in the US rises for fifth straight week

The average rate on a 30-year mortgage in the U.S. rose for the fifth straight week, returning to its highest level since early August

Average rate on a 30-year mortgage in the US rises for fifth straight week
Economy|Finance|US

US third-quarter labor costs growth smallest in more than three years

U.S. labor costs recorded their smallest increase in more than three years in the third quarter amid cooling wage growth, indicating that inflation was firmly on a downward

US third-quarter labor costs growth smallest in more than three years
Economy|Finance|US

Financial conditions vs real rates - is Fed policy too tight or too loose? McGeever

As if financial markets needed another factor to complicate the near-term outlook for Federal Reserve policy, the U.S. economy and asset prices, investors

Financial conditions vs real rates - is Fed policy too tight or too loose? McGeever