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Trump to make first flight on Qatar-gifted jet this weekPresident Trump is set to fly on a new Air Force One, a Boeing 747 gifted by Qatar, for a trip to North Dakota this Wednesday. This move, h...
Gold set for fourth monthly fall on bets of Fed rate hikesGold prices tumbled over 1% on Tuesday, heading for a fourth consecutive monthly drop. Shifting from Middle East concerns, the market now a...
Yen hits 40-year low as clock ticks on interventionThe Japanese yen hit a 40-year low against the dollar, sparking speculation of government intervention. Despite past efforts, the yen conti...
US Supreme Court says Fed's Cook can keep her job for now, but it upholds other Trump firingsThe Supreme Court has significantly broadened presidential authority, allowing presidents to dismiss heads of independent federal agencies ...
US Supreme Court rejects Trump's unprecedented bid to fire Fed's CookThe Supreme Court has taken a significant stand for the Federal Reserve's independence, rejecting President Trump's unusual effort to remov...
US Stock Market: Warsh faces crucial week with court ruling, global debut in focusFederal Reserve Chair Kevin Warsh faces a crucial week. The Supreme Court's decision on Governor Lisa Cook's removal will test the central ...
US Supreme Court nears the end of its term with momentous cases about Trump's power to be decidedThe Supreme Court is concluding a term dominated by President Trump's assertions of executive authority. Key decisions this week involve bi...
US Stock Market: Bessent applauds Fed communication reset, questions dot plot's relevanceU.S. Treasury Secretary Scott Bessent has backed Federal Reserve Chair Kevin Warsh's push to revamp the Fed's communication strategy, inclu...
What are the Fed's bank 'stress tests' and what's new this year?The US Federal Reserve is releasing its annual bank stress test results today, assessing how major lenders would fare in a severe economic ...
Warsh Fed era heralds a new trial for Asian currenciesNew Federal Reserve chief Kevin Warsh's hawkish stance on inflation has surprised markets, signaling a stronger dollar. This poses a challe...
Traders boost US rate-hike bets on hawkish FedTraders are now fully anticipating a quarter-point interest rate hike from the Federal Reserve by September, a shift driven by renewed infl...
US Stock Market: Fed financial disclosures reveal stark contrast in transparency among top officialsFederal Reserve officials' financial disclosures reveal varying levels of detail. Governor Lisa Cook reported over $1 million in legal expe...
US stocks: US market's indexes advance with boost from chips, Iran optimismU.S. stock indexes rose Thursday, led by semiconductor shares and easing inflation fears, despite anticipated Federal Reserve interest rate...
US Stock Market: Trump backs Fed Chair Warsh after rate hold, softens tone on monetary policyUS President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, a departure from his past criticisms of the central...
Dollar clings to two-month peak as Fed rate-hike bets mount, yen slidesThe U.S. dollar reached a two-month high as markets anticipated Federal Reserve rate hikes, pressuring the Japanese yen towards interventio...
Global Market Today: Asian shares gain as US-Iran deal takes effectUS stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns...
US stocks: Nasdaq, S&P fall over 1% as Fed holds rates; traders raise hike betsUS stocks tumbled Wednesday as traders anticipated a Federal Reserve rate hike, with policymakers projecting rising interest rates later th...
President Donald Trump suspends US intel chief Senate confirmationUS President Donald Trump has suspended a Senate hearing on Jay Clayton's nomination for intelligence chief, saying on Wednesday he wanted ...
As oil roundtrips, AI booms, and US consumers spend, economists' Fed outlooks hit the extremesEconomists are divided on the U.S. economic outlook, with some predicting rate cuts due to consumer weakness and falling real wages, while ...
Kospi jumps 6% as US-Iran peace deal triggers super surge; index up over 100% YTDSouth Korean stocks jumped 6% on Monday as easing geopolitical tensions lifted global risk sentiment after the US and Iran reached an initi...