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Breaking news: markets

Fed chief backs 75 basis points hike in July if conditions remain unchanged

June 29, 2022 by xeronmer

Loretta Meester, President of the Federal Reserve Bank of Cleveland, participates in a panel discussion gathered to speak about the …

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John Williams, president of the Federal Reserve Bank of New York, says the US recession is not his primary issue

June 28, 2022 by xeronmer

New York Federal Reserve Chairman John Williams said on Tuesday that he expects the US economy to avoid a recession …

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Poor manufacturing surveys are the latest sign of a major economic slowdown

June 27, 2022 by xeronmer

Dismal regional manufacturing readings are sounding alarm bells that business activity is slowing as summer approaches. The latest bad news …

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Dow drops 700 points, slips below 30,000 to lowest in more than a year

June 18, 2022 by xeronmer

The Dow Jones Industrial Average on Thursday fell below the key 30,000 level for the first time since January 2021 …

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Look for more selling pressure next week as investors learn the hard way not to fight the Fed

June 17, 2022 by xeronmer

Federal Reserve Chairman Jerome Powell adjusts his tie as he arrives to testify before the Senate Banking, Housing, and Urban …

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The Fed raised its benchmark interest rate by 0.75 percentage points, the largest increase since 1994

June 15, 2022 by xeronmer

The Federal Reserve on Wednesday launched its biggest fallout yet against inflation, raising benchmark interest rates by three-quarters of a …

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Real-time updates of the Fed’s big rate decision and Powell’s press conference

June 15, 2022 by xeronmer

S&P 500 index could gain 23.8 basis points after Fed meeting The S&P 500 is historically gaining an average of …

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Warren asks bank regulator to reject TD deal after reporting customer abuse

June 15, 2022 by xeronmer

Senator Elizabeth Warren, D, speaks during the Senate Armed Services Committee hearing on security in Afghanistan and the regions of …

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Asian stocks were mixed as investors reacted to Chinese economic data releases

June 15, 2022 by xeronmer

SINGAPORE – Shares in China led gains in mixed trading in the Asia-Pacific region on Wednesday after better-than-expected Chinese economic …

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May retail, industrial production, fixed asset investment

June 15, 2022 by xeronmer

New energy vehicles, which include hybrid and battery cars, have seen an increase in sales in China despite the stagnation …

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