Gold holds losses as inflation data reinforces rate hike bets
Silver, platinum, palladium set for second monthly gain Dollar, yields on track for monthly fall April 28 (Reuters) – Gold eased on Friday after a...
Gold dips as rate hike bets hold despite weak data, dollar gains
U.S. economic growth slows, inflation remains sticky – data Markets expect 25 bps Fed rate hike next week Higher rates can worsen banking crisis –...
Yellen says not willing to allow contagious bank runs to develop
NEW HAVEN, Conn., April 3 (Reuters) – U.S. Treasury Secretary Janet Yellen on Monday said deposit outflows from small and medium-sized banks were diminishing, but...
Fed’s Powell sees long-term damage if US debt ceiling not raised
NEW YORK, March 7 (Reuters) – The United States risks long-term damage if Congress does not raise the national debt ceiling, Federal Reserve Chair Jerome...
Splits emerge as U.S. House Republicans demand Biden negotiate on debt limit
WASHINGTON, Jan 25 (Reuters) – Republicans who control the U.S. House of Representatives are divided over how hard a line to take on the debt...
Republicans’ debt plan could cause ‘economic catastrophe’ – White House
WASHINGTON, Jan 17 (Reuters) – Republicans’ plan to pay some U.S. debts as they come due but not others is a “recipe for economic catastrophe”...
U.S. December deficit quadruples as outlays grow, debt ceiling nears
WASHINGTON, Jan 12 (Reuters) – The U.S. government’s December budget deficit quadrupled from a year earlier to $85 billion as receipts shrank slightly and outlays...
Biden signs $1.66 trillion FY 2023 government funding bill
CHRISTIANSTED, St. Croix, Dec 29 (Reuters) – President Joe Biden on Thursday signed a $1.66 trillion bill funding the U.S. government for fiscal year 2023,...
U.S. Senate passes record $858 billion defense act, sending bill to Biden
WASHINGTON, Dec 15 (Reuters) – The U.S. Senate passed legislation on Thursday authorizing a record $858 billion in annual defense spending, $45 billion more than...
Global equity funds record biggest weekly outflows in three months
Dec 9 (Reuters) – Outflows from global equity funds in the week ended Dec. 7 hit a three-month high on fears that interest rates could...