Connect with us
[ad_1] The Federal Reserve is expected on Wednesday to raise interest rates for the seventh time this year to combat stubborn inflation. The U.S. central bank...
[ad_1] BANGKOK — Shares slipped in Asia on Monday after last week’s decline on Wall Street, while signs of a surge in coronavirus infections in China...
[ad_1] BANGKOK — Shares slipped in Asia on Monday after last week’s decline on Wall Street, while signs of a surge in coronavirus infections in China...
[ad_1] BANGKOK — Shares were mostly lower in Asia on Thursday after Wall Street sagged under weakness in tech stocks. U.S. futures turned higher and oil...
[ad_1] BANGKOK (AP) — Shares are mostly lower in Asia after Wall Street sagged under weakness in tech stocks. U.S. futures edged lower while oil prices...
[ad_1] WASHINGTON — Federal Reserve officials at their last meeting saw “very few signs that inflation pressures were abating” before raising their benchmark interest rate by...
[ad_1] Billionaire hedge fund manager Bill Ackman is skeptical of the Federal Reserve’s ability to bring down inflation, seeing structurally higher prices lingering. “Long-term interest rates are meaningfully below where they’re going to go and...
[ad_1] WASHINGTON — Federal Reserve Vice Chair Lael Brainard said Monday that she was encouraged by last week’s U.S. inflation report, which pointed to slower price...
[ad_1] WASHINGTON — The average long-term U.S. mortgage rate returned to the 20-year highs of two weeks ago when rates breached 7% for the first time...
[ad_1] The Federal Reserve raised the target federal funds rate by 0.75 percentage point for the fourth time in a row on Wednesday, marking an unprecedented pace...
[ad_1] WASHINGTON — U.S. job openings rose unexpectedly in September, suggesting that the American labor market is not cooling as fast as the inflation fighters at...
[ad_1] WASHINGTON — Any Americans hoping for relief from months of punishing inflation might not see much in Thursday’s government report on price increases in September....
[ad_1] WASHINGTON — Any Americans hoping for relief from months of punishing inflation might not see much in Thursday’s government report on price increases in September....
[ad_1] WASHINGTON — Inflation at the wholesale level rose 8.5% in September from a year earlier, the third straight decline though costs remain at painfully high...