Economy
Hormuz Progress Curbs Rate Hike Bets, Gold Holds Steady
Gold maintained a narrow trading range as an interim deal to reopen the Strait of Hormuz eased inflation fears, reducing US Federal...
#Federal Reserve 115 articles
Stocks
Dollar Rebounds Sharply on Strong ISM Manufacturing Data
The U.S. dollar recovered significantly on Monday, driven by a stronger-than-expected July ISM manufacturing index that hit a four-year high, reversing earlier...
Markets
Gold Holds Ground as Mideast Talks Influence Fed Rate Path
Gold prices held steady as traders monitored Middle East talks for signs of progress that could ease inflationary pressures and temper the...
Economy
Warsh’s Fed Silence Triggers S&P Selloff, Fuels Volatility
Federal Reserve Chairman Kevin Warsh's recent press conference, lacking interest rate guidance, has sent S&P traders bracing for intensified market volatility. The...
Stocks
Investors Eye Jobs, McDonald’s, SpaceX Reports
Wall Street anticipates key earnings from McDonald's and SpaceX, alongside critical U.S. jobs reports, to gauge inflation's impact and guide Fed policy.
Finance
Fed Proposes Major Capital Rule Overhaul for Mutual Banks
The Federal Reserve has unveiled a proposal to modernize capital rules for mutual banking organizations, aiming to increase their flexibility in raising...
Markets
Gold Tumbles on Fed Doubts, Mideast Conflict Fears
Gold prices saw a sharp decline Friday, driven by persistent uncertainty over the Federal Reserve's rate path and escalating geopolitical tensions in...
Economy
US Growth Slows to 1.5% in Q2 Despite Consumer Spending Surge
The US economy unexpectedly slowed to an annual growth rate of 1.5% in the second quarter, down from 2.1%, defying analyst forecasts....
Finance
30-Year Mortgage Rate Reaches 6.66% as War Fuels Inflation
The average 30-year fixed-rate mortgage hit 6.66% this week, its highest in a year, driven by the war in Iran, rising oil...