Recession has struck some of the world’s top economies. The US keeps defying expectations
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along....
archiveFederal Reserve System
Average long-term US mortgage rate rose to highest level in 10 weeks
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose this week to its highest level in 10 weeks,...
U.S. dollar slips, consolidates gains, but further upside likely
In this photo illustration, the man is holding several U.S. dollar bills with some Chinese yuan in the background.Sopa Images...
Dollar drifts higher as markets await U.S. inflation data
The dollar index, a measure of the U.S. currency against six of its peers, was slightly higher at 104.03 as...
Like the US Fed, Bank of England is edging toward interest rate cuts — but not quite yet
LONDON (AP) — Just like the U.S. Federal Reserve, the Bank of England is edging toward cutting interest rates —...
U.S. dollar little changed ahead of BOJ, ECB meetings
Japan's yen moved away from Friday's 148.80 per U.S. dollar, its weakest in a month, to as firm as 147.61,...
Gold rises on the back of weaker dollar; U.S. inflation data in focus
Gold bars and gold coins of different sizes lie in a safe on a table at the precious metal dealer...
Dollar gains against most currencies as U.S. nonfarm payrolls loom
The U.S. currency gained on news that U.S. private employers hired more workers than expected in December. Private payrolls increased...
U.S. dollar rises to two-week peak on doubts about number of rate cuts in 2024
Trading was relatively subdued, with Japanese markets shut for a holiday and markets digested softer-than-expected U.S. economic data released earlier...
Dollar set for biggest daily jump since March as U.S. yields rebound
It fell 2% in 2023, snapping two years of gains due to investor expectations that the U.S. Federal Reserve will...
