Fed 'pause' on rate hikes in doubt after strong US data
By Ann Saphir and Michael S. Derby (Reuters) -Federal Reserve policymakers got a dose of unexpectedly strong U.S. economic data
2023-05-27 00:47
An unexpected increase: Fed's favorite inflation measure heated up last month
The Federal Reserve's preferred inflation gauge bounced higher in April, underscoring Fed Chair Jerome Powell's warning that reining in price hikes "is likely to be bumpy," but also increasing the odds for further rate hikes.
2023-05-26 20:55
Taylor Swift Fans Have to Barter, Borrow and Plead to Get Into Her Shows
For Taylor Swift fans, 52 concerts in massive football stadiums were never going to be enough to satisfy
2023-05-26 20:27
German Football’s Nein to Private Equity Leaves Bundesliga Adrift
German football fans are gearing up for a dramatic showdown this weekend, when the Bundesliga title race will
2023-05-26 14:48
As US credit risk looms, former S&P officials see 2011 downgrade as vindicated
By Pete Schroeder WASHINGTON As the United States stares at the risk of a credit downgrade, former Standard
2023-05-26 12:28
Fed lending to banks lowest in latest week since crisis began in March
By Michael S. Derby NEW YORK Federal Reserve emergency lending to banks fell in the latest week to
2023-05-26 04:53
US debt ceiling: Congress heads home for holiday without a deal
"We're gonna work 24/7", says House Speaker Kevin McCarthy as time runs low to raise the debt ceiling.
2023-05-26 01:59
White House Steps Up Antisemitism Monitoring in New Strategy
President Joe Biden directed federal law enforcement agencies to better monitor anti-Jewish and other bias cases, and urged
2023-05-26 00:29
Fed's Collins open to pausing rate hikes at June meeting
By Michael S. Derby NEW YORK Boston Federal Reserve President Susan Collins said on Thursday the time may
2023-05-25 23:57
Germany falls into recession as inflation hits economy
Rising prices have dampened demand from households and businesses in Europe's largest economy.
2023-05-25 17:19
The end of King Dollar? The forces at play in de-dollarisation
By Naomi Rovnick and Libby George LONDON Rivalry with China, fallout from Russia's war in Ukraine and wrangling
2023-05-25 13:26
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
The move comes two months after SVB's collapse triggered fears of a banking crisis.
2023-05-25 11:18