InvestingWhat a new Labour government means for investing in the UKJuly 5, 2024107General view of Bishopsgate in the City of London, the capital's financial district. The UK economy has reportedly seen faster...
CurrenciesU.S. dollar dips as Fed’s Powell’s dovish comments offset upbeat jobs dataJuly 2, 202475The dollar was supported by rising U.S. yields and the blowtorch was on low-yielding currencies on Tuesday such as China's...
BankingEuropean Central Bank cuts interest rates for first time since 2019June 6, 2024104Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday,...
BankingFirst rate cut since 2019June 6, 202411712 Mins AgoOne central bank head dissented on rate cut decision: LagardeThe President of the European Central Bank (ECB) Christine...
CurrenciesCurrencies tread cautiously after U.S. inflation report, focus on ECBJune 3, 2024115Markets are pricing in 37 basis points of cuts this year from the Fed after data on Friday showed the...
Economyinvestors weigh state of economyMay 29, 202486U.S. Treasury yields advanced for another day on Wednesday, as investors considered the state of the economy and digested a...
CurrenciesDollar rebounds after falling on weaker U.S. inflation, yen ticks upMay 16, 2024126The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail...
BankingWhy hundreds of U.S. banks may be at risk of failureMay 1, 2024185Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at...
CurrenciesYen retreats after U.S. data as eyes turn from Tokyo to FedApril 30, 2024151The dollar index gained ground after economic data showed U.S. labor costs increased more than expected in the first quarter...
FundsMany large U.S. cities are in deep financial trouble. Here’s whyApril 25, 202489Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay...