Here are the 3 biggest ways the federal interest rate cut could impact your money
The Federal Reserve on Wednesday delivered its first rate cut since December, a move that will ripple through…
Fed cut sets stage for Asia’s next easing wave amid trade strains
Several flags including that of the United States, Cambodia, the European Union, Japan and ASEAN are seen outside…
US Initial Jobless Claims Drop by Most in Almost Four Years
Initial applications for jobless benefits in the US dropped by the most in nearly four years, reversing an…
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…
As U.S. jobs disappear, the Federal Reserve returns to rate cuts
It’s getting harder to find work in the United States. U.S. businesses added just 22,000 jobs from July…
Paycheck-to-Paycheck Families Feel No Relief From Fed Rate Cut
The U.S. Federal Reserve’s quarter-point interest rate cut, a move widely expected after months on pause, offers a…
Fed Cuts Rates Quarter Point, Signals Labor Market Concerns
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more…
1 in 3 Americans have no emergency savings—while boomers’ $2,000 cushion dwarfs Gen Z’s $400
That’s according to a new survey by Empower, a retirement and financial services company, which found 32% of…
Bessent made same claims Trump cited to fire Lisa Cook
Scott Bessent, US treasury secretary, during a Bloomberg Television interview in New York, US, on Wednesday, Aug. 13,…
Retail sales jump in August on surprisingly strong back-to-school season
US retail sales showed surprising strength during the back-to-school season – a sign that Trump’s tariffs haven’t yet…
China’s AI Boom Sends Tech Stocks to Highest Level in Four Years
A blistering rally in Chinese technology shares accelerated on Wednesday, spurred by renewed bets on AI. The Hang…
Fed’s expected rates cut could reshape global markets
The latest data from the US labor market point to a structural weakening that will likely compel the…