News

WASHINGTON (AP) — The Senate has approved one of President Donald Trump’s top economic advisers for a seat on the Federal Reserve’s governing board, giving the White House greater influence over the ...
Treasury yields were marginally higher in Asian trade, with markets considering a 25bp interest-rate cut by the Fed on Wednesday as a near certainty.
James Bullard, the former president of the Federal Reserve Bank of St. Louis, said Monday he’d spoken last week with Treasury ...
The math is brutal: The U.S. Treasury must sell $2 trillion in new bonds annually just to fund deficits. Foreign central banks that used to buy are now selling. The Fed can't buy without restarting ...
In mid-September 2024, the average rate on 30-year loans was 6.2 percent, according to Bankrate’s national survey. Then, the ...
Gold rose to an all-time high on Monday, underpinned by a softer dollar and lower Treasury yields, as investors positioned ...
Trump’s most concrete step to rein in unprecedented US budget deficits faces the danger of a legal reversal that would put ...
The U.S. and China reached a framework deal on short-video app TikTok as part of a broader talks on tariffs and economic policy that concluded in Madrid on Monday, Treasury Secretary Scott Bessent ...
Some central-bank veterans are concerned about a scenario in which the President’s appointees gain effective control of the ...
Hiring is at a standstill. Inflation is on the rise again. Consumer sentiment is slipping near historic lows. Americans are increasingly fed up with the economy.
While the stock market hovers near record highs, a shift in the bond market is signaling mounting concerns about the ...