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Global shares hit a record high and the dollar weakened on Wednesday as investors cheered mild inflation data, and ...
In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s top ranks, is a force to be reckoned with.
U.S. July inflation data didn't sound the all clear on tariffs but also didn’t send an unequivocal signal about the ...
What matters in U.S. and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets U.S. July inflation data didn't sound the all clear on tariffs but also didn’t send an unequivocal ...
U.S. Treasury Secretary Scott Bessent has urged the Federal Reserve to deliver a 50 basis-point cut to interest rates at its ...
As the US reaches tariff deals with major trading countries, analysts warn that currency measures could become US President ...
The Reuters Daily Briefing newsletter provides all the news you need to start your day. Sign up here. Data in the United ...
The Fed “could have been cutting in June, July” had it had the revised figures in hand at the time, Bessent said.
There has been little or no rain for much of the Northeast since August began, but that may change for many soon, AccuWeather ...
Threat follows President's repeated criticism of the Fed chair over the central bank’s decision to hold interest rates steady ...
U.S. Treasury Secretary Scott Bessent said Tuesday that the Federal Reserve should cut interest rates by 50 basis points (bps) at its next meeting in September, adding the Fed should have reduced the ...