TRADING DAY Making sense of the forces driving global markets Investors breathed a sigh of relief on Wednesday after U.S. inflation figures for February
March 12, 2025
U.S. President Donald Trump will nominate Federal Reserve Governor Michelle Bowman as vice chair for supervision as early as Wednesday, a White House official said.
March 12, 2025
U.S. inflation slowed last month for the first time since September even as additional tariffs on steel and aluminum kicked in Wednesday that could send prices higher
March 11, 2025
Cooler inflation last month leaves the door open for the Federal Reserve to resume cutting interest rates by mid-year, but the central bank remains worried that U.S. tariff
March 12, 2025
U.S. consumer prices increased moderately in February as higher shelter costs were partially offset by cheaper airline fares, giving the Federal Reserve room to
March 12, 2025
U.S. consumer prices increased less than expected in February, but the improvement is likely temporary against the backdrop of aggressive tariffs on imports that are expected to raise the
March 12, 2025
U.S.
March 11, 2025
The Federal Reserve won't lower interest rates at its policy meeting next week, but could deliver the first of a set of rapid-fire reductions in borrowing costs in June if rising fears of
March 10, 2025
The U.S. dollar weakened against the yen on Monday as investors worried about a probable U.S. economic slowdown and a
March 10, 2025
By Michael S.
March 10, 2025
By Mike Dolan Morning Bid U.S.
March 10, 2025
Federal Reserve Chair Jerome Powell on Friday signaled potential changes for the Fed's closely watched "dot plot" interest-rate projections as part of a
March 07, 2025
San Francisco Federal Reserve Bank President Mary Daly on Friday called out the elevated uncertainties around the economic outlook, but said that with the economy solid and short-term
March 08, 2025
U.S. stocks finished higher on Friday, rebounding from early declines after Federal Reserve Chair Jerome Powell said the
March 07, 2025
The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair
March 07, 2025
Federal Reserve Governor Adriana Kugler said Friday it still remains challenging getting a handle on the impact of the Trump tariff regime, in a climate where these sorts of policies could
March 07, 2025
Federal Reserve Chair Jerome Powell said it remains to be seen if the Trump administration's tariff plans will prove to be inflationary, mapping
March 07, 2025
Chair Jerome Powell says in written remarks that the Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve
March 07, 2025
Morgan Stanley lowered its 2025 economic growth forecast for the United States on Friday, citing greater impact from tariffs and a still-tight labor market resulting in higher inflation.
March 07, 2025
U.S. Federal Reserve Governor Adriana Kugler said on Friday that rising inflation risks argue for an extended period of steady central bank interest rate policy.
March 07, 2025
Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
March 07, 2025
By Michael S.
March 07, 2025
The Federal Reserve will head into its March 18-19 policy meeting with the labor market strong overall but showing some potential early signs of weakening, a development that could put the
March 07, 2025
The U.S. dollar dropped to multi-month lows against the euro and yen and fell versus most currencies on Friday after data showed the labor market in
March 07, 2025
Budweiser APAC to cut thousands of jobs to reduce costs by 15%, Bloomberg News reports
Australia’s top universities say U.S. funding at risk due to Trump crackdown
South Africa's Standard Bank reports 4% rise in annual profit
Mountour scores fastest OT goal in NHL history in Kraken's comeback win over Canadiens
Jets make it official and release quarterback Aaron Rodgers, who's now a first-time free agent
Former Super Bowl MVPs Aaron Rodgers and Cooper Kupp hit the open market