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June 13, 2024
Economists say the recent Consumer Price Index report provides several reasons to be optimistic about the future.
June 12, 2024
While announcing its widely expected decision to leave interest rates unchanged on Wednesday, the Federal Reserve also revealed officials now expect only one interest rate cut this year.
May 29, 2024
WASHINGTON (dpa-AFX) - U.S. economic activity continued to expand from early April to mid-May, according to the Federal Reserve's Beige Book, although conditions varied across industries and districts.The
May 21, 2024
WASHINGTON (dpa-AFX) - Gold slipped from record highs touched the previous day after U.S. Federal Reserve officials tempered investor enthusiasm about potential interest-rate cuts.Spot gold dipped
May 21, 2024
While investors have been earning yield of more than 5% on money market funds and CDs, those rates aren't expected to stick around much longer.
May 21, 2024
WASHINGTON (dpa-AFX) - Gold prices dropped on Tuesday as the dollar stayed firm with traders assessing the likely interest rate moves of the Federal Reserve, while looking ahead to the release
May 21, 2024
WASHINGTON (dpa-AFX) - Following the pullback seen over the three previous sessions, treasuries showed a modest move back to the upside during trading on Tuesday.Bond prices moved higher early
May 21, 2024
WASHINGTON (dpa-AFX) - The U.S. dollar gained against some of its major counterparts on Tuesday, as comments from some Fed officials hinted at the possibility of the central bank holding interest
May 20, 2024
Asian stock markets are trading mostly higher on Monday, following the mixed cues from Wall Street on Friday, after recent economic data has generated optimism about an interest rate cut in the coming months, but comments from US Fed officials have put a damper on some of the cheer.
May 20, 2024
Stocks may move to the upside in early trading on Monday, adding to the strong gains posted last week. The major index futures are currently pointing to a modestly higher open for the markets, with the S&P 500 futures up by 0.