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NEW YORK: The Federal Reserve is preparing to deliver what the market expects to be the first of multiple interest-rate cuts. The others are sure to follow if policy makers can’t break what’s starting to look like a vicious circle.
WASHINGTON: Investors were on edge a year ago for signs the US labour market was overheating. Now they’re primed for the opposite.
WASHINGTON: Federal Reserve chairman Jerome Powell suggested he’ll be more cautious about raising interest rates next year, disappointing investors who wanted even more dovishness.
Signs of US growth overheating missing
NEW YORK: A debate is breaking out in the Treasury market before Wednesday’s release of US consumer-price data as tumbling crude oil leads investors to ratchet back inflation expectations.
WASHINGTON: The Federal Reserve will raise interest rates this week and continue its quarterly drumbeat of 25-basis-point increases straight through to June 2019, according to economists surveyed by Bloomberg.
GREENLAND (Reuters) - Flying over eastern Greenland, the NASA scientists stared down from a Gulfstream jet as it followed the precise course they had flown in previous years - using radar to map the loss of ice.
The largest US telecom companies are slowing Internet traffic to and from popular apps like YouTube and Netflix, according to new research from Northeastern University and the University of Massachusetts, Amherst.
WASHINGTON: Federal Reserve officials are showing surprise at just how much the recently-enacted tax cuts are boosting the US economy. But they’re still not impressed enough to lift estimates for long-term growth, a stance that puts them at odds with the White House
(Reuters) - The Philadelphia Eagles' first Super Bowl victory set off rowdy celebrations in Philadelphia as people who poured into the streets set at least one fire and damaged property early on Monday, images on social media showed.