News

Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
Investors seek protection from risk of Fed chief's ouster
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to ...
June inflation data reaffirms Fed pause as tariff uncertainty grows
June's uptick in consumer prices likely gives the Fed room to stay on hold as uncertainty over tariffs clouds the timing of ...
Collins says solid economy gives Fed time to assess next move
Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in ...
US stocks end mixed after inflation data, bank results. Nasdaq boosted to record high
US stocks end mixed after June inflation data and mixed earnings pressured the Dow and S&P 500. Nvidia powers Nasdaq to ...
Inflation accelerated in June. Is the 'tariff shock' finally here?
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...
How the White House is broadening its pressure campaign on Fed chief Jerome Powell
President Trump’s fight against Federal Reserve Chair Jerome Powell has taken on a new dimension, with an overhaul of the central bank’s headquarters at the center of a growing White House ...
The Malaysian Reserve2h
PNC Reports Second Quarter 2025 Net Income of $1.6 Billion, $3.85 Diluted EPS
Strong loan growth; 4% positive operating leverage; stable credit quality Quarterly common stock dividend increased 10 cents to $1.70 per share on July 3, ...
Canadian inflation ticks up to 1.9% in June, boosting expectations of no BoC rate cut in July
Canada’s annual inflation rate ticked up to 1.9 per cent in June and underlying price pressures remained sticky, reinforcing ...
Investors seek protection from risk of U.S. Fed Chair Jerome Powell’s ouster
If the central bank was more willing to lower interest rates, prices could rise and make lenders demand higher compensation to hold bonds ...
July Fed rate cut is 'clearly off the table,' says researcher at Fitch Ratings
A trickle of what is likely tariff-induced inflation has appeared in areas like household furnishings within Tuesday's consumer-price index data, and it is likely to gain momentum in the coming months ...