Fed’s Bowman Urges Swift Rate Cuts to Support Jobs Amid Weak Labor Market
Federal Reserve Governor Michelle Bowman said policymakers are in danger of falling behind the curve and need to…
What Could Put an End to This Gold Bull Market?
Welcome to the award-winning Money Distilled newsletter. I’m John Stepek. Every week day I look at the biggest…
Asia markets mostly rise as China keeps loan prime rates unchanged
Asia-Pacific markets traded mostly higher Monday, tracking Wall Street’s gains on Friday stateside, as investors assessed China’s key…
Why Rigetti Computing Is Skyrocketing This Week
Rigetti Computing roared higher as the Federal Reserve cut interest rates this week. Rigetti also landed a new…
Reasons Why Fed’s Lower Interest Rates Will Boost Small Businesses
WASHINGTON, DC – Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting of…
Stock Market Rally Risks Losing Steam as Economic Bounce Fades
US stocks have defied skeptics this year as they climbed to records despite a global trade war, lingering…
Could lower interest rates finally open the door to your first home in Toronto? Here’s what experts say
Some experts are saying now is the time for Millennials and GenZ to buy their first home, after…
NZ Government’s Economic Stewardship Challenged by Big GDP Slump
New Zealand Prime Minister Christopher Luxon and Finance Minister Nicola Willis are facing questions about their stewardship of…
New Zealand Economy Shrank More Than Forecast in 2nd Quarter
New Zealand’s economy shrank much more than economists forecast in the second quarter, fueling bets that the central…
Jerome Powell warns of signs of an AI bubble and an economy leaning too hard on the rich
For months, Wall Street commentators have fretted that the artificial intelligence boom looks like a bubble, with capital…
Unemployment rate steady despite jobs losses in August
Australia’s unemployment rate has remained steady at 4.2 per cent in August, due to a big drop in…
Bank of Canada reaction: Are more rate cuts on the way?
But Wednesday’s decision by the Federal Reserve to lower its own funds rate also possibly gave the Bank…