Treasury Secretary Brushes Off Warnings of U.S. Jobs Recession
Treasury Secretary Scott Bessent pushed back Sunday against growing concerns that the U.S. economy is sliding toward a…
The Fed got it wrong and is late again, top economist says, as job gains collapse
Allianz chief economic advisor Mohamed El-Erian said the Federal Reserve is behind the curve in lowering rates now that the…
Wall Street takes a blow after disappointing US jobs data
ADVERTISEMENT Investors are hoping that the US job market has slowed by just the right amount to trigger…
Bitcoin price falls. Why gold may drive the next crypto move.
Bitcoin slipped early Thursday as the recent crypto recovery stalled despite renewed confidence that the Federal Reserve will…
AI not affecting job market much so far, New York Fed says
By Michael S. Derby NEW YORK (Reuters) -Rising adoption of artificial intelligence technology by firms in the Federal…
From monetary policies to China’s Evergrande debacle, here are global news stories in charts
Policy paths Central banks in the US, UK, Europe, and Japan are preparing for key policy decisions in…
Donald Trump is taking over the US Federal Reserve and financial markets have missed the point
Financial markets are missing the point about Donald Trump’s takeover of the Federal Reserve. It’s not really about…
BTC and ETH Falling While Altcoins Stable Is Often a ‘Sign of Strength,’ Says Analyst
Crypto analyst and macroeconomist Alex Krüger thinks the market looks ugly enough to turn bullish. On Saturday, Krüger…
Wall Street’s Momentum Train Hits Full Speed Into September
(Bloomberg) — Even after Friday’s stock dip, Wall Street’s risk-on momentum train is barreling into September at full…
Stocks slide as US inflation clouds rates outlook
Federal Reserve chief Jerome Powell has signalled a rate cut for September, but sticky inflation could make further…
Asia upbeat on Wall St boost as markets await US inflation data
By Rae Wee SINGAPORE (Reuters) -Asian stocks edged higher on Friday, riding a tech-driven rally on Wall Street,…
White House names new US health boss after firing Susan Monarez over MAHA policies
The White House has fired and replaced the director of the US’s top public health agency, who clashed…