The dollar was becalmed on Wednesday, as other assets hogged the limelight, though investors looking ahead to 2026 were ...

The big risk is that Hassett's selection "becomes a departure from the past, and the Fed is more interested in its growth mandate than its price-stability mandate. That is where bonds fail," Gillum ...

Mortgage rates have fallen to almost their lowest level in over a year, but there’s no guarantee that they’ll keep falling after the Fed’s expected rate cut next week. If you’re financially ready, ...

Global shares rose on Tuesday and both cryptocurrencies and global government bonds stabilised after the previous day's selloff, which was triggered by a looming interest rate hike in Japan. Investors ...

The Federal Reserve may need to act in response to continued pressure in short-term funding markets, according to strategists.

NEW YORK] US stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday (Dec 2), buoyed by ...

President Trump said he considered around 10 candidates for the position, in consultation with Bessent and Commerce Secretary ...

The Dow Jones Industrial Average rose 185.13 points, or 0.39 per cent, to 47,474.46. Read more at straitstimes.com. Read more ...

US President Donald Trump on Tuesday hinted that he wants to nominate his chief economic adviser Kevin Hassett to replace outgoing Federal Reserve Chairman Jerome Powell next year.

Jerome Powell's term ends in May and the White House is considering several candidates, including sitting Fed governors, ...

WASHINGTON, Dec 2 (Reuters) - President Donald Trump said on Tuesday he would be announcing his choice to succeed Jerome Powell as head of the Federal Reserve early next year, further teasing out a ...

U.S. stocks are bouncing back as both bond yields and bitcoin stabilize. The S&P 500 rose 0.4% Tuesday, following its first ...