Gold falls on oil-driven inflation worries as US–Iran peace talks falterGold prices dipped as stalled U.S.-Iran peace talks fueled oil price hikes, raising inflation and interest rate hike fears. The dollar's st...
US market today: Strong US jobs data complicates any Kevin Warsh push for lower ratesStrong U.S. hiring data in April has diminished the likelihood of Federal Reserve interest rate cuts this year, bolstering the stance of of...
US Stock Market: Fed officials warn Iran War could trigger prolonged inflation shockFederal Reserve officials are increasingly concerned that the U.S.-backed war with Iran is fueling a prolonged inflation shock. Elevated oi...
Global Market Today: Asian stocks rise with optimism over Iran dealAsian markets surged to new peaks. Japanese stocks led the rally. Investors are optimistic as the US and Iran move closer to ending their c...
Gold dips as inflation concerns linger; markets watch US-Iran talksGold prices saw a dip on Monday. Inflation concerns are impacting the US monetary policy outlook. Markets are closely watching US-Iran peac...
Fed's Goolsbee says rate cuts may need to wait until 2027Chicago Federal Reserve President Austan Goolsbee on Tuesday said interest-rate cuts may need to wait until 2027, depending on how long o...
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...
US stocks today: S&P, Nasdaq rise 1% as investors hold out hope for US-Iran resolutionUS stocks rose as investors weighed Middle East tensions and hopes of a potential resolution in the Iran conflict. Gains in tech stocks lif...
US stocks today: US stocks close mixed, with signs of progress as Trump's Iran deadline draws nearU.S. stocks ended mixed as investors tracked last-minute diplomatic efforts ahead of the Iran deadline to reopen the Strait of Hormuz. Risi...
Gold steady as investors await Trump deadline on Strait of HormuzGold prices held steady as global tensions simmered. Investors are keenly watching a U.S. deadline regarding the Strait of Hormuz, a crucia...
US Fed's Austan Goolsbee, Beth Hammack say inflation is flashing 'orange' or worseFederal Reserve officials Beth Hammack and Austan Goolsbee expressed concern over persistent inflation, rating it orange to red. While Hamm...
Gold falls on firm dollar, fading Fed rate-cut hopesGold prices dropped significantly on Monday. A stronger US dollar and reduced expectations of Federal Reserve interest rate cuts pressured ...
US Stock Market | Central bank independence critical in inflation fight, says Fed's GoolsbeeChicago Fed President Austan Goolsbee stressed that central bank independence is vital for controlling inflation and maintaining economic s...
US Stocks: Fed's Goolsbee says rate cuts appropriate if inflation falls, but too soon to bet on productivityThe U.S. Federal Reserve could resume cutting interest rates if inflation starts to fall, but it would be risky to use expected productivit...
Goolsbee says lowering inflation is US Fed's main jobChicago Fed President Austan Goolsbee emphasized the central bank's priority is reducing inflation, citing a stable job market as evidence....
Fed's Goolsbee says he's undecided on Sept rate cut, defends Fed independenceChicago Fed President Austan Goolsbee remains undecided on a September rate cut despite recent job-market weakening data. He defended the F...
Fed's Goolsbee: Rate cuts still possible if economy gets back on trackChicago Fed President Austan Goolsbee suggests a cautious approach to monetary policy amidst economic uncertainty fueled by trade tariffs. ...