Jerome Powell says Fed will likely cut rates cautiously given persistent inflation pressures
At the same time, he said, the economy is strong, and the policymakers can take time to monitor the path of inflation.
Asian markets trade positive even as Fed signals no hurrry in rate cut
Even as the Indian equities and other integral markets including the MCX are shut on the auspicious occasion of Guru Nanak ...
Channel NewsAsia Singapore30m
Stocks dip, dollar edges higher after US labor market, inflation data
A gauge of global stocks was lower for a third straight session on Thursday, after U.S. economic data indicated the labor ...
christianindex39m
Typhoon Usagi wreaks more damage and misery in Philippines as yet another storm looms
Typhoon Usagi swamped rural villages in floods, knocked out power, and displaced thousands more people before blowing away on ...
Texarkana Gazette40m
Stock market today: Wall Street weakens as its post-election boom slows some more
The stock market broadly has been rising faster than corporate profits, which raises the volume on criticism from skeptics ...
Live news: Hacker gets 5 years in prison over bitcoin ‘heist of the century’
US money market funds have hit an all-time high, adding $82bn in the week ending on Wednesday to bring total assets to $6.67tn, according to the Investment Company Institute. The increase was the ...