US stocks slipped on Thursday as the post-election rally paused. Investors assessed the impact of a Republican sweep of political power and awaited a Jerome Powell speech to set the tone on interest ...
An incoming regime for global policymaking is set to smash the Australian dollar and our biggest commodity — iron ore. The three principles of US President-elect Donald Trump 's America First are ...
Mortgage rates stalled an upward rise this week as financial markets adjusted to a second Trump presidency. The average 30-year mortgage rate was essentially unchanged at 6.78% for the week through ...
Gold prices fell on Thursday morning, as a stronger dollar continued to put pressure on the precious metal. Spot gold dipped 0.7% to $2,555.06 per ounce, while US gold futures fell by 0.9% to ...
Bitcoin eased just below the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it to soon top $100,000 following pro-crypto pledges from the US ...
Market movement over the past week or so since Donald Trump won the U.S. presidential election have been characterised by a turbo-charged rally in bitcoin, higher Treasury yields and a relentless U.S.
Bitcoin sat just above the $90,000 level it broke for the first time Wednesday when it hit a record $93,462, with observers expecting it to soon top $100,000 following pro-crypto pledges from the ...
Wall Street remains steady as inflation data aligns with expectations, fueling hopes for future interest rate cuts.
Bobby Nasution is suspected of managing the Medan Block nickel mine since 2021. He met with Abdul Gani Kasuba before becoming ...
Jobless claims rise slightly, but remain low as Fed considers further rate cuts amid slowing job market and easing inflation.
The backup in Treasury yields may be a warning sign that the odds are slipping that the Federal Reserve will cut interest rates again at the next policy meeting on Nov. 7. One reason for cautious ...
That brings us to the Federal Reserve's most recent rate cut. In September, the Fed lowered its federal funds rate by 50 basis points (a basis point is one one-hundredth of a percentage point ...