Biden’s budget vs. Republican debt ceiling bill on spending, deficits, taxes
WASHINGTON, May 15 (Reuters) – President Joe Biden’s administration and Republicans in the U.S. Congress are in talks to end their standoff over raising the...
Yellen: Still uncertainty about when Treasury will run out of cash
NIIGATA, Japan, May 12 (Reuters) – Treasury Secretary Janet Yellen said there was still uncertainty about exactly when Treasury would run out of cash to...
Gold eases on profit taking after US inflation data
US CPI up 0.4% in April vs 0.1% in March Core inflation well above Fed’s target, analyst says May 10 (Reuters) – Gold prices edged...
Gold gains on economic risks with US inflation in focus
U.S. inflation data due at 8:30 a.m. EDT on Wednesday Equities fall on Chinese data and U.S. debt limit worries Platinum up more than 3%...
Gold ticks up with focus on US inflation data
U.S. banks report tighter lending standards – Fed survey U.S. CPI for April due on Wednesday Palladium up more than 4% May 8 (Reuters) –...
Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt
WASHINGTON, May 7 (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday issued a stark warning that a failure by Congress to act on the...
Gold slides on US jobs growth as Fed-led rally fizzles
U.S. nonfarm payrolls +253,000 in April Global gold demand fell in first quarter of 2023- WGC Palladium up more than 3% May 5 (Reuters) –...
Gold steadies after Fed-driven run to near-all-time peak
Gold still has prospects to rise further – analyst ECB’s interest rate decision due at 1215 GMT Lofty prices tarnish gold’s lustre in top Asian...
US may default on June 1 without debt ceiling hike; Biden, McCarthy to meet
WASHINGTON, May 1 (Reuters) – U.S. President Joe Biden on Monday summoned the four top congressional leaders to the White House next week after the...
Gold advances on fresh banking jitters as Fed verdict looms
FOMC starts two-day meeting on interest rates Fed widely seen raising rates by 25 bps Markets see no chance of another hike in June May...