A hot jobs report makes it even more likely the Federal Reserve won’t cut rates at its next meeting in January — or for the foreseeable future.

Bowman, a permanent voter on the FOMC, underscored her preference for a gradual approach to policy adjustments. She pointed ...

The world’s largest economy has seen 48 consecutive months of job creation, leaving the unemployment rate at 4.1% ...

FDIC Vice Chairman Travis Hill will call for no change in capital requirements for the largest banks in his Friday speech.

President-elect Donald Trump is set to be sentenced in his criminal hush money case.

Most signs have pointed to slow but respectable growth at the end of the year: The median estimate of economists surveyed by ...

Shipping services firm Clarkson expects results for 2024 to be "slightly ahead of current market expectations". The firm expects underlying pretax profit of no less than GBP115 million. It would ...

Fed signals no imminent rate cuts, citing persistent inflation above 2%. Markets brace for steady rates, impacting gold, ...

The highlight of the day will be the latest set of US nonfarm payrolls at 1330 GMT. According to FXStreet cited consensus, the pace of US hiring is expected to have eased to 160,000 jobs in December, ...

United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its ...

The US Federal Reserve should proceed cautiously before supporting any future rate cuts, a senior bank official said Thursday, adding that she saw December's rate cut as a final step for ...

Federal Reserve Governor Michelle Bowman said on Thursday that she supports the recent rate cuts but does not see the need for further cuts. Concerns about inflation above the Fed ...