Business
Gold rises on weaker US dollar as markets await Fed rate-cut clues
Gold prices rose on Tuesday (Jul 1), supported by a weaker US dollar, as investors awaited labour market data due later this week to…
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Fed
News
Decision on naming next Fed chair not ‘imminent’: White House
The White House said on Thursday no decision is imminent on naming a successor to Federal Reserve Chairman Jerome Powell, after a report…
Business
Wall Street forecasts windfall for big US banks from Fed plan to ease leverage rule
Large US global banks can expect as much as US$6 trillion in additional balance sheet capacity and billions in freed up capital under a…
News
US dollar slips as Trump considers naming next US Fed chair early
The US dollar dipped amid an increase of bets on US interest-rate cuts due to growing expectations that the next US Federal Reserve…
Business
Asia: Stocks down with eyes on Mideast, dollar hit by Trump Fed comment
Most stocks fell on Thursday and oil rose as traders kept a nervous eye on the Iran-Israel ceasefire, while the dollar dropped after…
News
Court blocks Trump's attempt to strip fed workers of union rights
A federal court Tuesday issued an injunction against President Trump's decision to strip collective bargaining rights from a wide swath of…
News
Trump Unloads on Fed Chair Over Tanking U.S. Economy
Donald Trump just whacked the ball back to Russia with a string of eyebrow-furrowing comments on nuclear arms. On Sunday, deputy chairman…
News
Trump urges Congress to dial up heat on 'hardheaded' Fed Chair Powell
President Trump told Congress to give Federal Reserve Chairman Jerome Powell a tough grilling when he appears Tuesday before a House panel…
Business
US Fed official says open to July interest rate cut
A key US central bank official called on Monday for an interest rate cut as early as July if inflation effects from President Donald…
Business
Trump may reconsider firing Powell as Fed chair refuses to cut interest rates
President Trump said he may reconsider his decision not to fire Federal Reserve Chairman Jerome Powell amid his growing frustration that…
Business
Trump may fire Powell after all while Fed chair refuses to cut interest rates
President Trump said he may reconsider his decision not to fire Federal Reserve Chairman Jerome Powell amid his growing frustration that…
News
Trump says he may change his mind about firing Fed chair Powell
US President Donald Trump on Friday (Jun 20) again floated the idea of firing Jerome Powell, the Federal Reserve chair he has long…
Business
Gold heads for weekly fall as fewer Fed rate cut prospects weigh
GOLD prices fell on Friday and were on track for a weekly decline, as an overall stronger dollar and the prospect of fewer US interest…
Business
Globally diversified equities remain attractive amid yet another Fed pause: analysts
Analysts continue to favour globally diversified equities, as the US Federal Reserve kept interest rates unchanged on Wednesday (Jun 18).…
Business
Asia: Stocks drop after Fed warning, oil dips with Middle East in focus
Asian stocks fell on Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen…
Business
Australia: Shares hit 2-week low as miners, gold stocks fall; Fed holds rate
RALIAN shares hit a two-week low in early trade on Thursday, weighed down by miners and gold stocks as the US Federal Reserve’s cautious…
Business
Europe: Shares fall as Middle East tensions weigh; eyes on Fed decision
EUROPEAN shares declined on Wednesday as investors awaited the Federal Reserve’s monetary policy decision, with ongoing tensions in the…
Business
US: Stocks flat after Fed decision as markets eye Iran
Wall Street stocks ended little changed on Wednesday after the Federal Reserve kept interest rates steady, while markets followed ongoing…
News
US Treasury chief does not see himself replacing Fed chair
Treasury Secretary Scott Bessent said on Wednesday that he wishes to remain in his current position, after a report emerged that he is a…
Business
Gold Climbs on Softer Inflation Data as Fed Rate Cut Hopes Rise
A recent shift in sentiment across financial markets has offered some relief to investors who have been grappling with inflation concerns.…
News
Trump says decision on Fed chair will be out soon
President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that a good Fed…
Business
Trump pushes for big rate cut from Fed during 'booming' economy
President Trump is pressing Federal Reserve Chairman Jerome Powell for a full-point cut in interest rates, even as he insists the economy…
Fashion
US economic activity declines as tariffs pressure prices, Fed says
The report notes that firms with plans to pass along tariff-related costs to consumers expect to do so within three months Economic…
News
Laura Loomer Meets With JD Vance Amid Reports Trump Is Fed Up With Her
Newark Mayor Ras Baraka is suing New Jersey’s acting Attorney General Alina Habba and a Department of Homeland Security special agent on…