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Robust US jobs data prompted bond traders to extinguish bets of a Fed rate cut this month, while the chance of a Reserve Bank ...
The US has eased export restrictions on China for chip design software and ethane, a sign that trade tensions are calming ...
Treasury Secretary Scott Bessent didn't rule out becoming the next Federal Reserve chair when asked about a potential dual ...
The June jobs report takes center stage as the S&P 500 and Nasdaq Composite hover at record levels in this short trading week ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
This comes shortly after FHFA Director Bill Pulte called for Congress to investigate Federal Reserve Chair Jerome Powell for ...
The odds of a rate cut at the Federal Reserve’s next meeting evaporated after a resilient jobs report for the month of June ...
The Trump administration will focus on finding a replacement for Federal Reserve Chairman Jerome Powell this fall, U.S.
The Labor Department's Bureau of Labor Statistics nonfarm payroll data show the economy added 147,000 jobs in June. Follow along for live updates on the Dow, S&P 500 and Nasdaq.
The U.S. dollar rose against major currencies, including the yen, euro and Swiss franc on Thursday, after data showing the ...
Treasury Secretary Scott Bessent was put on the spot Thursday when he didn't definitively rule out becoming the next chair of ...