US jobs report for April: Likely a slower but still-strong pace of hiring
WASHINGTON (AP) — The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs...
archiveFederal Reserve System
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...
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...
Average long-term US mortgage rate climbs above 7%
LOS ANGELES (AP) — Prospective homebuyers are facing higher costs to finance a home with the average long-term U.S. mortgage...
When will the European Central Bank cut the interest rate?
FRANKFURT, Germany (AP) — The European Central Bank signalled Thursday it could cut interest rates at its next meeting in...
U.S. dollar modestly higher as sticky inflation persists, yen hits 34-year low
Thursday's data showed the producer price index (PPI) rose 0.2% month-on-month in March, compared with an 0.3% increase expected by...
U.S. dollar struggles for direction ahead of data despite rise in yields
Traders in Fed fund futures bet on a total of 62 basis points (bps) of Federal Reserve rate cuts late...
Average long-term US mortgage rate falls slightly, easing borrowing costs for home shoppers
LOS ANGELES (AP) — The average long-term U.S. mortgage rate fell slightly this week, welcome news for home shoppers facing...
Stock market today: Asian markets retreat after data dash hopes that a US rate cut is imminent
BEIJING (AP) — Asian markets retreated Friday, with Hong Kong’s benchmark falling 2%, after a mixed batch of data on...
