A July easing could be followed by more rate cuts, as the Fed no longer needs a monetary policy stance designed to slow the economy, Waller said, noting the Fed’s interest rate target is well above ...

Markets widely expect the European Central Bank (ECB) to hold interest rates steady at its meeting next week. However, ...

CHY CEF offers 11% yield and monthly payouts, but weigh risks of high leverage, rate-driven losses, and potential dividend ...

Experts warn Donald Trump must provide valid reasons for removal, as current evidence does not support claims of mismanagement.

In the letter, Fed chair Powell countered criticisms leveled at the central bank over a renovation project.  Read more at ...

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been ...

Wall Street rose to records on Thursday following better-than-expected updates on the economy and a mixed set of profit reports from big U.S. companies. The S&P 500 climbed 0.5% to top its all-time ...

The US Dollar Index, which measures the greenback against a basket of major currencies, fell 0.2% in Asia hours, but headed ...

MSCI's global equity index was advancing on Thursday while the dollar rose as investors were encouraged by the latest crop of ...

MSCI's global equity index advanced on Thursday while the dollar rose as investors were encouraged by the latest crop of economic data and earnings reports while oil futures rose on supply concerns ...

ICICI Bank predicts a 25 bps RBI rate cut to 5.25% in August due to low inflation and mixed growth. While urban demand is ...

The Indian markets ended lower on Thursday, weighed down by declines in financial and IT stocks, as investor sentiment turned ...