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US job growth likely slowed in May, labor market seen stable despite oil shockAmerica's job growth is expected to slow in May after strong previous months. The labor market remains stable. Economists believe the Middl...- Powell uses JFK award speech to warn against political pressure on Fed, courts and schoolsJerome Powell, former Federal Reserve Chair, received an award for safeguarding the central bank's independence. He emphasized the crucial ...
- Gold edges up on weaker dollar ahead of Trump-Xi talksGold prices saw a slight increase on Thursday, influenced by a weakening dollar as investors closely watched the high-stakes meetings betwe...
- US stocks today: Chip stocks lift Nasdaq, S&P to record closing highs; hot inflation kills rate-cut hopesUS stocks advanced with the S&P 500 and Nasdaq hitting record closing highs as AI-linked tech and chip stocks powered gains despite hotter ...
- Fed's Collins says rate hikes may be needed to quell inflationSusan Collins, President of the Boston Federal Reserve, recently shared insights on the potential for interest rate hikes if inflation rema...
- A South Korean startup captures workers' techniques to develop AI brains for robotsSouth Korean AI startup RLWRLD is creating a vast library of human expertise by capturing skilled workers' actions, like hotel staff foldin...
- Wall Street Week Ahead: Surging record-high US stocks to wade deeper into earnings seasonThe U.S. stock market has achieved record highs, fueled by hopes of cooling U.S.-Iran tensions and an anticipated robust first-quarter earn...
- US Stock Market: Wall Street futures climb as traders cling to de-escalation hopes, await earningsU.S. stock index futures rose on Tuesday as traders held onto hopes of a de-escalation in the Middle East conflict, while awaiting March pr...
- Fed's Collins says it is clear tariffs will drive inflation up near termFederal Reserve Bank of Boston President Susan Collins stated that tariffs imposed by the Trump administration will increase U.S. inflation...
- Fed's Collins says tech changes can improve financial system"We must all be attuned to the very real risks and challenges" resulting from technical innovations, Collins said in the text of a speech f...
- Fed seen on the fence for interest rate hike at May meetingThat's the read from traders of futures contracts tied to the Fed's policy rate after the U.S. government reported a slight easing in a key...
- Fed's Collins says "early days" still in assessing policy impact on economyIt is "early days yet in terms of assessing whether we really have gone as far as we need to go," Collins said in an interview on Bloomberg...
- Fed’s all-clear on global supply chaos spurned by logistics watchersFed has said that the stress on the global supply chains has eventually returned to normal, in fact below normal levels.
- Fed officials reluctant to call inflation peak as policy meeting loomsPolicymakers on Wednesday shied from tipping their hand on that decision. Investors currently expect the larger rate hike to prevail at thi...
- Fed hikes 75 basis points second time, signals third is possibleThe FOMC vote, which included two new members -- Vice Chair for Supervision Michael Barr and Boston Fed President Susan Collins -- was unan...
- Fed officials to sell stocks to avoid apparent conflict of interestDallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren issued statements saying they would invest the proceeds of those...
- Fed bets next crisis will begin like the last oneRisk management suggests looking beyond inflation for signs of excesses.
- US Fed's bank stress test results absurd: Larry SummersSummers’ criticism follows similar calls by other Federal Reserve officials.
- Rupee trades higher against US dollarPersistent dollar selling banks and exporters further boosted rupee as the local currency ended up rising 9 paise to close at 65.96 on Tues...
- Fed survey shows US recession may be overEconomic activity is stabilizing or improving in the vast majority of the country, according to a new government survey. All about Rupee | ...
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