Opinion: Masterclass in market bubbles Updated 13 Nov, 2025 08:05am It’s fascinating how bubbles have routinely confounded the finest minds since the dawn of modern financial ...
Market will need justification for consolidation Updated 06 Oct, 2025 06:55am In a recent development, the government shutdown in the US that occurred during Donald Trump’s first term had a...
Dollar gains after GDP contraction Published 01 May, 2025 06:16am NEW YORK: The US dollar rallied against major currencies on a data-packed Wednesday after a report showed the...
Markets staying rather cautiously optimistic? Published 10 Feb, 2025 05:35am Following last week’s turbulent session brought on by tariff concerns, the market is calmer now that the matter ...
US Fed’s favored inflation measure cools further in June Published 26 Jul, 2024 07:20pm WASHINGTON: The US Federal Reserve’s favored inflation measure eased further in June, according to government data...
Asia stocks down, yen slump keeps markets on intervention alert Published 27 Jun, 2024 10:16am SINGAPORE: Asian shares fell and bond yields spiked on nervousness about inflation on Thursday, while the yen’s...
Gold flat ahead of US data, but set for 4th straight monthly gain Published 31 May, 2024 10:53am Gold prices were set for a fourth straight monthly gain, even as the market struggled for momentum on Friday ahead...
Dollar sags after US GDP and inflation surprise Published 26 Apr, 2024 04:15am NEW YORK: The US dollar eased against most currencies on Thursday in tight seesaw trade after data showed the ...
US weekly jobless claims fall to level last seen in Sept 2022 Published 18 Jan, 2024 06:51pm WASHINGTON: The number of Americans filing new claims for unemployment benefits fell last week to the lowest level...
Fed seen on policy hold until May as inflation edges up Updated 12 Dec, 2023 10:41pm The Federal Reserve is seen holding off on any interest-rate cuts until at least May of next year, after a...
US consumer prices unexpectedly rise in November Published 12 Dec, 2023 07:03pm WASHINGTON: U.S. consumer prices unexpectedly rose in November while underlying inflation pushed higher, offering...
US private payrolls miss expectations in November Published 06 Dec, 2023 06:29pm WASHINGTON: U.S. private payrolls increased less than expected in November as the labor market gradually cools....
US third-quarter economic growth revised up to 5.2% Published 29 Nov, 2023 06:52pm WASHINGTON: The US economy grew faster than initially thought in the third quarter, but momentum appears to have...
US weekly jobless claims fall; labor market still slowing Published 22 Nov, 2023 06:48pm WASHINGTON: The number of Americans filing new claims for unemployment benefits fell more than expected last week,...
US weekly jobless claims rise more than expected Published 16 Nov, 2023 06:54pm WASHINGTON: The number of Americans filing new claims for unemployment benefits increased more than expected last...
US retail sales fall slightly in October Published 15 Nov, 2023 07:09pm WASHINGTON: U.S. retail sales fell in October, though by less than expected, after months of strong gains, pointing...
US mortgage rates soar to highest in more than 23 years Updated 25 Oct, 2023 10:22pm The interest rate on the most popular U.S. home loan last week jumped to the highest since September 2000, marking...
Fed’s Powell to take the stage amid a suddenly choppy landscape Published 19 Oct, 2023 06:49pm Federal Reserve Chair Jerome Powell will take the podium in New York on Thursday with his colleagues at the U.S....
US weekly jobless claims unexpectedly fall Published 19 Oct, 2023 06:04pm WASHINGTON: The number of Americans filing new claims for unemployment benefits unexpectedly fell last week,...
US consumer prices rise on gasoline and shelter costs in September Published 12 Oct, 2023 05:51pm WASHINGTON: US consumer prices increased in September amid higher costs for rent and gasoline, but underlying...
US government hours from shutdown, funding chaos Published 30 Sep, 2023 10:33am WASHINGTON: The US government on Saturday was hours from shutting down after the far right of the Republican Party...
US GDP revised down in every first quarter from 2020 to 2022 Published 28 Sep, 2023 05:45pm WASHINGTON: US economic activity was either even weaker or not as strong as previously estimated in each of the...
US current account deficit narrows in second quarter Published 21 Sep, 2023 07:01pm WASHINGTON: The U.S. current account deficit narrowed sharply in the second quarter as surpluses on services and...
US SEC votes on overhaul for $20 trillion private fund industry Published 23 Aug, 2023 08:02pm NEW YORK: The U.S. securities regulator on Wednesday was set to finalize a sweeping overhaul of private equity and...
US 30-year mortgage rate soars to highest since 2000 Published 23 Aug, 2023 05:56pm The interest rate on the most popular U.S. home loan last week shot to the highest since December 2000, helping...
US existing home sales drop, but prices up from a year earlier Published 22 Aug, 2023 07:30pm U.S. existing home sales dropped to a six month-low in July as home owners who are locked into cheap mortgages...
US stocks open flat after GDP boost Published 29 Jun, 2023 08:21pm NEW YORK: US stocks opened broadly flat Thursday, continuing a lackluster display despite a significant upgrade to...
Fed seen holding rates steady this week after inflation data Published 13 Jun, 2023 07:41pm Federal Reserve policymakers are seen as far more likely to skip raising interest rates this week after government...
IMF urges Fed, central banks to keep tightening to reduce inflation Updated 08 Jun, 2023 09:32pm WASHINGTON: The International Monetary Fund on Thursday urged the U.S. Federal Reserve and other global central...
US weekly jobless claims increase more than expected Published 08 Jun, 2023 06:58pm WASHINGTON: The number of Americans filing new claims for unemployment benefits surged last week, suggesting that...