The dollar was headed for its third weekly gain in a row on Friday, helped by a dovish European Central Bank and strong U.S. data that is pushing out expectations ...
Mixed quarterly earnings from chipmakers send tech stocks yo-yoing, and the European Central Bank has cut interest rates by a quarter-point, amid signs that growth and inflation are weakening. Plus, ...
On a rolling basis, the dollar's 3.1 per cent three-week gain on the euro is the sharpest rally since the middle of 2022, and ...
U.S. stocks followed their European counterparts higher and gold touched an all-time high on Thursday investors parsed an ...
Last month, the U.S. central bank cut the overnight rate by half a percentage point, citing greater confidence that inflation will keep receding.
U.S. stocks drifted around their record heights following the latest signals that the U.S. economy continues to hum.
The ECB said inflation was under control - having fallen sharply following a painful spike in the wake of Covid lockdowns and ...
Christine Lagarde and investors are talking at cross purposes. After lowering interest rates again on Thursday, the president ...
Russia is hemorrhaging money. The country can no longer rely on gas and oil revenues to fill its coffers. The Ukrainians have ...