European Central Bank cuts interest rates for first time since 2019
Christine Lagarde, president of the European Central Bank (ECB), at a rates decision news conference in Frankfurt, Germany, on Thursday,...
archiveBreaking News: Markets
First rate cut since 2019
12 Mins AgoOne central bank head dissented on rate cut decision: LagardeThe President of the European Central Bank (ECB) Christine...
Currencies tread cautiously after U.S. inflation report, focus on ECB
Markets are pricing in 37 basis points of cuts this year from the Fed after data on Friday showed the...
investors weigh state of economy
U.S. Treasury yields advanced for another day on Wednesday, as investors considered the state of the economy and digested a...
Dollar rebounds after falling on weaker U.S. inflation, yen ticks up
The dollar skidded to multi-month lows on Thursday after U.S. core inflation hit its slowest in three years and retail...
Why hundreds of U.S. banks may be at risk of failure
Hundreds of small and regional banks across the U.S. are feeling stressed."You could see some banks either fail or at...
Yen retreats after U.S. data as eyes turn from Tokyo to Fed
The dollar index gained ground after economic data showed U.S. labor costs increased more than expected in the first quarter...
Many large U.S. cities are in deep financial trouble. Here’s why
Truth in Accounting estimates that 53 of the largest cities in the U.S. were not generating enough revenue to pay...
JPMorgan in U.S-Russia sanctions war after overseas court orders $440M seized from bank
The order came after VTB filed a suit last week in a St. Petersburg arbitration court, seeking to be made...
Dollar firm as U.S. rates and earnings take center stage
"There will be a focus on the BOJ meeting, but it is too soon for them to alter policy, and...
