Culture
US: Dow hits fresh record after Fed chair signals possible rate cut
Wall Street rallied on Friday (Aug 22) after US Federal Reserve chair Jerome Powell opened the door to lowering interest rates – with the…
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Fed
News
Fed Chair Warns the Economy Is Even Worse Than We Realized
The ruling was in response to a lawsuit from Friends of the Everglades, the Center for Biological Diversity, and the Miccosukee Tribe…
Culture
Fed officials lukewarm on September rate cut as markets await Powell speech
Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for…
Culture
US: Stocks retreat ahead of Fed chair’s speech
Street’s major indexes closed lower on Thursday as traders girded for a key speech by Federal Reserve Chair Jerome Powell the following…
Culture
US: Wall Street opens lower as investors brace for Fed meet; Walmart slides
Street’s main indices opened lower on Thursday (Aug 21), as investors turned cautious ahead of the US Federal Reserve’s three-day…
Culture
Fed minutes show majority of FOMC saw inflation as greater risk
Most US Federal Reserve officials highlighted the risk to inflation as outweighing concerns over the labour market at their meeting last…
Culture
US: Wall St subdued at open on mixed retail earnings ahead of Fed meet
Wall Street’s main indexes were subdued at the open on Wednesday (Aug 20) as investors assessed uneven earnings from retailers such as…
Culture
Gold hits near three-week low on stronger US dollar; Fed symposium in focus
Minutes of the US central bank’s July meeting are anticipated to offer further insights into the central bank’s policy stance Gold prices…
Culture
US: Wall Street opens flat, focus on retail earnings and Fed summit
Street’s main indices were subdued at the open on Monday (Aug 18), in a quiet start to a week packed with corporate earnings reports from…
Culture
Gold poised for weekly fall as bets fade for big Fed rate cut
Gold was subdued on Friday (Aug 15) and was heading for a weekly fall, as hotter-than-expected US inflation data dented expectations for a…
Culture
Oil prices climb 2% to one-week high as Fed rate cut, Trump-Putin talks loom
Oil prices climbed about 2 per cent to a one-week high on Thursday after US President Donald Trump warned of “severe consequences” if his…
Culture
Gold extends rise as Fed rate-cut bets pressure dollar
Gold rose for a third straight session on Thursday (Aug 14), helped by a weaker US dollar and lower Treasury yields as traders raised bets…
Culture
Nomura sees Fed cutting rates by 25bps in September as inflation cools
RA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation…
Culture
US: Wall Street opens higher as Fed shake-up stokes dovish bets
Street’s main indexes opened higher on Friday (Aug 8) as US President Donald Trump’s temporary pick for a Federal Reserve governor post…
Culture
Trump taps top economic aide for vacant Fed seat
President Donald Trump on Thursday named the leader of his White House economic panel to fill a recently vacated seat on the Federal…
Culture
Trump picks Stephen Miran to fill open spot on Fed board
US President Donald Trump on Thursday (Aug 7) said he will nominate Council of Economic Advisers chairman Stephen Miran to serve out the…
Fashion
I'm Fed Up With Florals, so I'm Buying Meghan Markle's Uncommon Print Trend for Fall
Can you believe it's been less than a year since Meghan Markle returned to social media? The Duchess of Sussex has provided us with so…
Culture
US: Wall Street opens higher on Fed rate cut hopes; earnings in focus
Wall Street opened higher on Wednesday (Aug 6), as ongoing optimism about Federal Reserve interest rate cuts kept markets afloat and…
Culture
Trump to name new Fed governor, jobs data head in coming days
US President Donald Trump said that he will announce a new Federal Reserve governor and a new jobs data statistician in the coming days,…
Culture
Adriana Kugler resigning from Fed, opening door to Trump appointment
The US Federal Reserve said on Friday (Aug 1) that governor Adriana Kugler is resigning early from her term and will exit the central bank…
News
Transcript: Fed Chair Drops Hammer on Angry Trump as Poll Drop Worsens
Sargent: It’s really important that you said that. I want to bring out another number here from the Reuters/Ipsos poll. They have Trump’s…
News
Trump Hit by Harsh Blow from Fed Chair as Polls Reveal Fresh Weakness
President Donald Trump has been raging at Federal Reserve chairman Jerome Powell for weeks, demanding that he cut interest rates. But on…
Culture
US: Wall St opens higher as investors digest GDP data; Fed verdict awaited
Wall Street’s main indexes opened higher on Wednesday (Jul 30) as investors assessed better-than-expected GDP data, and awaited the…
Culture
US: Stocks retreat ahead of Fed decision, big tech earnings
Wall Street stocks retreated on Tuesday as markets digested major merger announcements and monitored US-China trade talks ahead of big…