The White House press secretary said the president would move forward with levies on America’s largest trading partners, raising the prospect of a disruptive trade war.
ING is looking for three further cuts later this year, but a shaky jobs market and the prospect of lower services inflation risks pushing the BoE into more aggressive moves. Click to read.
S&P 500 rises amid mixed earnings from Apple, Intel, and energy giants. Trump's tariff threats and slowing GDP growth to 2.3% test market resilience amid Fed watch.
The euro is slipping fast, dragged down by traders who are betting that interest rates in Europe and the US will continue to head in opposite directions. Yesterday, the European Central Bank (ECB) cut ...
Federal Reserve Gov. Michelle Bowman is widely seen as the president's most likely choice for vice chair for supervision, a ...
U.S. President Donald Trump is getting his wish that interest rates drop across the world, just not at home where a strong ...
LONDON (Reuters) - In a week when AI chipmaker Nvidia suffered the biggest one-day loss of value on record and the Federal Reserve said it was in no hurry to cut rates again, a few gauges underscore ...
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher after a rush of profit reports from some of the country’s ...
-- The yield on the 10-year Treasury BX:TMUBMUSD10Y fell 3.9 basis points to 4.515%, from 4.554% on Wednesday. Thursday's closing level was the lowest since Dec. 18, based on 3 p.m. Eastern time ...
But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...