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FED CHAIRMAN
Fed holds rates, says data will guide next moveIn their latest meeting, Federal Reserve officials decided to keep interest rates steady, reflecting a measured approach towards inflation ...
Fed's Kevin Warsh says US economy not running too hot from AI boomFederal Reserve Chairman Kevin Warsh said on Wednesday that the US economy is not running too hot despite some demand pressures from the bo...
Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
US Fed Decision: What to expect from Warsh's October meetingThe US Federal Reserve is widely expected to keep interest rates unchanged at its October meeting amid persistent inflation and elevated bo...
Global Market Today: Wall Street gains lift Asian stocks as Fed decision loomsGauges in Japan and South Korea advanced, helping the broader MSCI Inc.’s Asia Pacific equities gauge rise 0.6%. Equity-index futures for U...
US growth boosted by AI, but no sign of a turning point higherEconomists estimate the growth potential of the US economy to be around 2%, whereas President Donald Trump aspires to double it. Business i...
Silver prices are tarnished but not forgotten. Why HSBC thinks gains in white metal may be limited?Silver prices have plunged nearly 60% from their January record high, but HSBC expects limited gains ahead. The bank sees prices consolidat...
US Midterms 2026: Audi’s $4.2 billion bet gives Trump tariff ammo in battleground GeorgiaTrump is defending his tariff policy ahead of the US midterms, touting Volkswagen’s $4.2 billion investment in Audi’s first US plant in Geo...
Gold edges higher as investors assess Fed rate-hike oddsIn early Asian trading, gold prices saw a modest uptick as speculation swirled regarding the Federal Reserve's policy stance. Investors are...
Media mogul Rupert Murdoch’s former Starwood estate in Colorado lists for $29.85 millionRupert Murdoch's former Starwood estate in Colorado has returned to the market. Located in the gated Starwood community, the property has b...
US bond 10-year yields suffer biggest weekly drop in over year. Why is treasury note down?US bond yield on the benchmark US 10-year Treasury note was unchanged at 5.087 per cent after earlier rising to 5.1334 per cent. The yield ...
Chip selloff deepens Wall Street losses as doubts grew over AI returnsA significant selloff in semiconductor stocks affected major US indexes amid rising concerns regarding AI investment returns. The Nasdaq 10...
Global Market Today: Stock selloff extends to Asia as chip rout deepensMSCI Inc.’s Asia Pacific equities gauge dropped 1.5%, heading for a fourth straight decline, led by losses in South Korea, a bellwether for...
US inflation worsened last month to 3.7% in sign that prices remain elevated as midterm elections nearU.S. inflation increased in September as consumers faced higher prices for essentials like gas and clothing. The consumer price index rose ...
More expensive gas, semiconductors likely pushed up inflation in US last monthInflation in the United States is projected to increase to 3.6% in September from the previous month. This rise is attributed to factors su...
NY Fed President Williams sees no need for a rate hike in 2027At a recent conference, John Williams from the Federal Reserve Bank of New York expressed optimism about a potential interest-rate increase...
Cleveland Fed's Hammack backs restrictive policy, says better if it comes 'relatively quickly'Cleveland Fed President Beth Hammack has stressed the urgency of adopting a strict monetary policy as a response to mounting inflation that...