Goldman Sachs has changed its call for this week’s Federal Reserve meeting, now expecting a 25-basis-point rate increase after previously forecasting no change. The shift follows a sharp
The US Consumer Price Index rose 0.4% in August, accelerating from a 0.1% increase in July and adding to pressure on the Federal Reserve to tighten monetary policy
Investors are heading into next week’s Federal Reserve meeting with expectations of a rate hike at their strongest levels in months after August inflation data showed that price
President Donald Trump has proposed a $5,000 “Trump dividend” payment for every adult US citizen if Republicans retain control of the House of Representatives and Senate in the
The US government bond yields continued rising overnight as traders reacted to the latest intervention by Treasury Secretary and the new Trump announcement on the $5,000 dividend checks.
US producer prices rose in line with expectations in August as energy costs rebounded, keeping inflation pressures elevated ahead of the Federal Reserve’s policy meeting next week. The
UBS expects the Federal Reserve to raise interest rates twice this year after a stronger-than-expected August jobs report reinforced expectations of a resilient US economy. The bank now
The US economy added a significant number of jobs in August, reversing a summer slowdown in hiring and reinforcing the likelihood of a rate hike from the Fed
Oil giant Chevron confirmed that it will expand operations in Venezuela after President Donald Trump announced an ambitious deal to develop the nation’s oil reserves and give the
US employers announced more than 52,000 planned job cuts in August, marking a sharp increase from July but remaining well below last year’s levels, according to Challenger, Gray