Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...
Musk suggests closer scrutiny of Fed as Powell prepares to face Congress
Billionaire Elon Musk suggested in a series of social media posts this past weekend that the Federal Reserve should undergo ...
Tariffs, Tax Cuts, Fed Testimony Top a Crowded Week for the Economy
Sam Bullard, managing director and senior economist for Wells Fargo’s corporate and investment banking group, wrote on Sunday ...
U.S. tariffs and interest rate uncertainties make 2025 a “choppy year” for Singapore's biggest bank: DBS CEO Piyush Gupta
Gupta’s comments come as Southeast Asia’s largest bank by assets posted a solid showing in its full year results, with net ...
Trump 2nd term live updates: After Musk X post, director brings CFPB to standstill
President Donald Trump's second administration continued its swift recasting of the federal government, prompting pushback ...
USD/JPY forecast: here’s why the Japanese yen is soaring
The USD/JPY exchange rate dropped for five consecutive days, reaching a low of 151.42 on Friday, its lowest level since ...
U.S. job growth slumps in January but unemployment ticks down
New report finds shrinking but still solid jobs numbers and lower unemployment as U.S. central bank monitors economy amid ...
Solid January Jobs Data Will Likely Keep Fed Interest Rate Cuts On Hold
The January jobs report revealed a drop in the unemployment rate to 4%, accompanied by payroll gains of 143,000. A Fed ...
Refinance Rates Keeping Near 7-Week Low
Thursday, keeping the average near its lowest level since mid-December. Rates for some refi loan types saw bigger increases.
US economy added 143K jobs in January, unemployment rate ticks lower
The Labor Department on Friday released its jobs report for January, which showed that the U.S. economy added 143,000 jobs last month, which was below economists' expectations.