U.S. importers are rushing to bring in goods ahead of a potential strike by dockworkers at major East Coast and Gulf Coast ports, which could severely disrupt supply chains. With the current labor contract...
Federal Reserve Governor Michelle Bowman made history on Wednesday by casting the first dissenting vote from a Fed governor since 2005. Bowman opposed the central bank’s decision to cut the interest...
The Federal Reserve cut interest rates by half a percentage point, reducing its policy rate to the 4.75%-5.00% range, marking the beginning of what could be a gradual easing cycle aimed at addressing both...
The market is expecting to see between 25bps to 50bps during this next Fed meeting, but some stocks behaved like these expectations won't be met
Former President Donald Trump was unharmed after a second apparent assassination attempt on Sunday while golfing at his West Palm Beach club. Secret Service agents spotted a gunman aiming a rifle through...
Expectations of Fed rate cuts have been rising lately due to continued signs of cooling inflation. The Consumer Price Index rose 2.5% year over year in August, down from the rise of 2.9% in July. This...
Treasuries have been witnessing strong momentum in recent weeks, buoyed by Fed rate cut speculations. The latest inflation data signals confirmed bets that the Fed will cut rates next week, pushing up...
China’s use of foreign exchange (FX) swaps to support the yuan has exposed the country’s state-run banks to potential losses totaling billions of dollars, while offering hedge funds and foreign institutions...
The U.S. labor market showed signs of a measured slowdown in August, as nonfarm payrolls increased by 142,000 jobs, falling short of economists' expectations. Despite the lower-than-expected job growth,...
U.S. job openings fell to a 3-1/2-year low in July, signaling a slowdown in the labor market. Job openings decreased by 237,000 to 7.673 million, with healthcare and government sectors seeing notable declines....