The $2 Trillion Interest Bill That’s Hitting Governments
Updated Nov. 15, 2023 12:07 am ET Listen to article (2 minutes) The world spent the past decade-plus taking advantage of rock-bottom interest rates to...
Gold moves higher as yields, dollar slip after U.S. inflation data
By Ashitha Shivaprasad, Anushree Ashish Mukherjee (Reuters) – Gold prices gained on Tuesday as the dollar and Treasury yields retreated after softer-than-expected U.S. consumer inflation...
Gold lacks momentum as traders seek more Fed cues
(Reuters) – Gold prices retreated for a third straight session on Wednesday as investors looked for fresh cues on the U.S. central bank’s interest rate...
Big Banks Cook Up New Way to Unload Risk
U.S. banks have found a new way to unload risk as they scramble to adapt to tighter regulations and rising interest rates. JPMorgan Chase, Morgan...
Foreign Firms Pull Billions in Earnings Out of China
Updated Nov. 6, 2023 11:49 am ET SINGAPORE—For years, foreign companies plowed the profits they made in China back into China, using the cash to...
It’s U.S. vs. China in an Increasingly Divided World Economy
Listen to article (2 minutes) China passed a significant milestone last fall: For the first time since its economic opening more than four decades ago,...
Gold gains as US dollar, yields slip; focus on jobs data
(Reuters) – Gold firmed on Thursday as the U.S. dollar and Treasury yields retreated on raised bets that the Federal Reserve may be done raising...
Zombie firm bankruptcies amid Fed interest rate hikes
In the U.S., 516 publicly listed firms have filed for bankruptcy from January through September 2023. Many of these firms have survived for several years...
Gold steady as investors strap in for Fed’s policy decision
(Reuters) – Gold was flat on Wednesday ahead of the Federal Reserve’s policy decision, while all eyes will be on Chair Jerome Powell’s speech later...
62% of Americans live paycheck to paycheck amid inflation
‘Inflation is still too high’ The Federal Reserve is expected to announce it will leave rates unchanged at the end of its two-day meeting this week, even though...