Fed’s words in focus as markets bet rate hikes will soon end
Jan 30 (Reuters) – U.S. central bankers have unambiguously telegraphed this week’s policy decision: a quarter-of-a-percentage-point increase in their benchmark interest rate, the smallest since...
Analysis: Wall Street heavyweights warn of pain ahead despite market’s recent reprieve
NEW YORK, Jan 25 (Reuters) – Some of Wall Street’s biggest names are throwing cold water on expectations that the U.S. economy will scrape through...
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...
U.S. inflation roller coaster prompts fresh look at long-ignored money supply
NEW YORK, Jan 26 (Reuters) – The amount of money sloshing around the U.S. economy shrank last year for the first time on record, a...
Strong U.S. economic growth expected in fourth quarter, outlook darkening
Fourth-quarter GDP forecast to increase at a 2.6% rate Strong consumer spending seen; other sectors to contribute Weekly jobless claims expected to rise moderately WASHINGTON,...
Putin ally warns NATO of nuclear war if Russia is defeated in Ukraine
Medvedev: nuclear powers don’t lose major wars Medvedev tells NATO to think about the risks Patriarch: desire to destroy Russia would mean end of the...
Gold rises over 1% on tepid U.S. dollar, safe-haven inflows
Dollar slips after weak U.S. data Gold looks overbought – analyst Palladium rose up to 3% earlier in session Jan 19 (Reuters) – Gold prices...
Gold back up above $1,900 level as dollar loses ground
Jan 18 (Reuters) – Gold reversed course to trade higher on Wednesday as the U.S. dollar pulled back from session highs and expectations of a...
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...