US jobless claims total 214,000, better than expected for tight labor market
The U.S. labor market tightened further last week, with jobless claims coming in at the lowest level since the beginning of the year, the Labor...
Russia seems to have averted its historic bond default — for now
Russian President Vladimir Putin speaks during a meeting with representatives of the business community at the Kremlin in Moscow, Russia February 24, 2022. Aleksey Nikolskyi...
Federal Reserve approves first interest rate hike in more than three years, sees six more ahead
The Federal Reserve on Wednesday approved its first interest rate increase in more than three years, an incremental salvo to address spiraling inflation without torpedoing...
Russia stokes fears of first foreign currency default in more than a century
Russian Finance Minister Anton Siluanov said Wednesday it is up to the U.S. to decide whether crucial interest payments on two dollar-denominated eurobonds go through,...
A full recap of the Fed’s rate hike decision and Powell’s market-moving comments
Powell says there is ‘misalignment’ in labor market but not a wage-price spiral Powell said that the Fed doesn’t see evidence of a wage-price spiral...
Markets ‘operating well,’ no sign of defaults amid extreme volatility – CFTC Chair By Reuters
[ad_1] © Reuters. Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., March 14, 2022. REUTERS/Brendan McDermid...
Forecasters see growing chance of a recession as Fed hikes rates this year to fight inflation
Forecasters have raised their outlooks for a recession and boosted their inflation projection as the Federal Reserve faces the quandary of fast-rising prices and greater...
As Russia nears a debt default, talk now turns to global contagion
Russian President Vladimir Putin attends a meeting with government members via a video link in Moscow, Russia March 10, 2022. Mikhail Klimentyev | Sputnik |...
CPI inflation February 2022:
Inflation grew worse in February amid the escalating crisis in Ukraine and price pressures that became more entrenched. The consumer price index, which measures a...
Christine Lagarde speaking after the ECB’s latest rate decision
[The stream is slated to start at 08:30 a.m. ET. Please refresh the page if you do not see a player above at that time.]...