US rate futures see slightly higher chance of Sept hike after Powell's comments
NEW YORK U.S. interest rate futures on Wednesday saw an increased probability of another interest rate increase by
2023-07-27 03:54
Fed staff no longer forecasting U.S. recession, Powell says
WASHINGTON U.S. Federal Reserve Chair Jerome Powell said on Wednesday that Fed staff are no longer forecasting a
2023-07-27 03:19
The Fed hikes interest rates by a quarter point and hints at another increase this year
The Federal Reserve raised its benchmark lending rate by a quarter point Wednesday, lifting interest rates to their highest level in 22 years.
2023-07-27 02:29
Fed raises interest rates, leaves door open to another increase
By Howard Schneider and Michael S. Derby WASHINGTON (Reuters) -The Federal Reserve raised interest rates by a quarter of a
2023-07-27 02:21
Gasoline prices are spiking. That's a problem for Powell and the Fed
Prices at the gas pump are suddenly surging, causing headaches for consumers and central bankers alike.
2023-07-26 23:18
No happy dance in the cards as Fed ponders resilient US economy
By Howard Schneider WASHINGTON With the Federal Reserve steaming toward another interest rate hike this week, policymakers face
2023-07-25 18:25
FedEx pilots reject 30% pay hike proposal, but a strike isn't imminent
Pilots for FedEx have rejected a tentative labor deal. But that doesn't mean they're about to walk off the job just as UPS is threatened with its own strike by 340,000 drivers and other hourly ground workers.
2023-07-25 05:53
FedEx pilots reject tentative deal, supervised talks likely
FedEx pilots have rejected a tentative contract deal with the parcel delivery firm and the two sides will
2023-07-25 01:50
Fed fines UBS $268.5 million for Credit Suisse missteps with Archegos
WASHINGTON The U.S. Federal Reserve announced Monday it had fined UBS Group AG $268.5 million for Credit Suisse's
2023-07-24 23:46
What's ahead this week for Wall Street and the economy
A bevy of possibly market-moving events are in store for investors this week.
2023-07-23 19:46
US banks' reserves steady, assuaging liquidity drainage fears
By Davide Barbuscia NEW YORK A feared liquidity drainage in the U.S. banking system as the Treasury refills
2023-07-22 02:17
A new instant payment system may be coming to a bank near you
When it comes to getting paid — and paid back — most people and businesses want their money as quickly as possible.
2023-07-21 00:21