PPI September2023: Wholesale inflation rose 0.5%
A measure of wholesale prices rose more than expected in September, indicating simmering inflation pressures for the U.S. economy. The producer price index, which measures...
Consumers buckling for first time in decade: Former Walmart U.S. CEO
The draw of bargains may be fading. As three of the nation’s biggest retailers kick off a key sales week, former Walmart U.S. CEO Bill...
U.S. Treasury yields: investors weigh economic outlook
The 10-year Treasury yield, which serves as a benchmark for mortgage rates and as an investor confidence barometer, on Tuesday surged to its highest level...
Ray Dalio says the U.S. is going to have a debt crisis
Roy Rochlin | Getty Images Entertainment | Getty Images Billionaire investor Ray Dalio is watching closely the “risky” U.S. fiscal situation. “We’re going to have...
U.S. is weaker now than when we downgraded in 2011
Washington, D.C. – March 17, 2023: President Joe Biden and House Speaker Kevin McCarthy speak outside the Annual Friends of Ireland Luncheon at the U.S....
Gold ekes out gains as US dollar, yields ease
Bloomberg / Contributor / Getty Images Gold prices edged higher on Friday, helped by a slight pullback in the dollar and bond yields as investors...
Gold prices firm as US dollar eases, Fed meeting looms
Bars of gold are seen at Krastsvetmet, one of the world’s largest producers of precious metals, in Moscow, January 31, 2023. Alexander Manzyuk | Anadolu...
European Central Bank hikes rates to record level
President of the European Central Bank (ECB) Christine Lagarde gestures as she addresses a press conference following the meeting of the governing council of the...
Regional banks face hit from new debt level requirements
Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corp. (FDIC), speaks during an Urban Institute panel discussion in Washington, D.C., on Friday, June 3,...
Stock markets face a ‘perfect storm’ as high rates and China fears bite, analysts warn
Traders work on the floor of the New York Stock Exchange on August 16, 2023 in New York City. Michael M. Santiago | Getty Images...