88 m. ago Asian shares are mixed and gold sets a fresh record high of over $3,550 per ounce

The price of gold has hit a new record and world shares are mixed after U.S. markets were closed for the Labor Day holiday

Politics

27 h. ago Asian shares are mixed as reports show improved factory outlook for China

Shares are mixed in Asia, with Chinese shares gaining after surveys showed a slight improvement in Chinese factory data

Culture

4 d. ago Asian shares are mixed after stocks add a bit to their records on Wall Street

Asian shares are mixed on Friday as investors await a key U.S. inflation report

Politics

4 d. ago Fed official says he could back jumbo rate cut if US economy weakens sharply

Central bank governor says August jobs report will be pivotal in setting direction of monetary policy

Politics

5 d. ago Asian shares are mixed after US stocks creep higher ahead of Nvidia earnings report

Asian shares are mixed after modest gains on Wall Street lifted the S&P 500 to another all-time high ahead of computer chip maker Nvidia's highly anticipated earnings report

Politics

6 d. ago Asian shares post modest gains after Wall Street nears more records

Shares are moderately higher in Asia after an afternoon push left major indexes on Wall Street just below their recent records

Politics

8 d. ago Asian shares track Wall Street's rally after Powell hints at rate cuts

Asian shares have tracked Wall Street's rally after the head of the Federal Reserve hinted that cuts to interest rates may be on the way

Politics

1 week ago Trump gives meandering answer about the Fed after Powell hints at rate cut the president has long wanted

The Federal Reserve chairman’s remarks come as Trump has long demanded an interest rate cuts

Politics

1 week ago Powell says ‘shifting’ economic risks strengthen case for Fed rate cut

Central bank chair warns of ‘challenging situation’ with tariffs pushing up inflation and jobs market cooling

Economics

1 week ago Fed chair Jerome Powell signals interest rate cuts amid Trump attacks

Jerome Powell – who Trump has urged to resign – addressed ‘challenging’ dichotomy of economic risks, including tariffsThe Federal Reserve is gearing up to resume cuts to interest rates, its chair, Jerome Powell has signaled, as he warned Donald Trump’s tariffs and immigration crackdown had roiled the global economy and hit the US workforce.For months, Powell has ignored demands from the president to cut interest rates and defied the US president’s calls to resign. But as Trump ramps up his extraordinary attack on the Fed’s independence, Powell suggested on Friday that Fed officials are considering a rate cut. Continue reading...

Politics

1 week ago US Fed’s Powell signals possible rate cut in Jackson Hole speech – business live

Chair of the Federal Reserve says US economy is facing ‘challenging situation’ as inflation risks persist and job market coolsUnions are raising concerns about the threat of TikTok layoffs, warning it would put millions of British TikTok users at risk.John Chadfield of the Communication Workers Union (CWU) said:TikTok workers have long been sounding the alarm over the real-world costs of cutting human moderation teams in favour of hastily developed, immature AI alternatives.This has been a constant concern throughout the process of TikTok workers’ effort to form a union. Continue reading...

Politics

1 week ago Powell says ‘shifting’ economic risks heighten case for Fed rate cut

Central bank chair warns of ‘challenging situation’ with tariffs pushing up inflation and jobs market cooling

Economics

1 week ago Asian shares are mixed after Wall Street fell to its 5th straight loss

Asian shares are mixed after Wall Street fell to a fifth straight loss, hurt by losses for Walmart and worries over coming cuts to interest rates

Politics

1 week ago Asian shares are mostly higher after a mixed finish on Wall Street

Asian shares are mostly higher after a mixed finish on Wall Street, where shares in Nvidia, Palantir and other superstar stocks pared their earlier steep losses

Politics

1 week ago National intelligence director strips security clearances from 37 current and former national security officials – US politics live

Tulsi Gabbard accuses officials, some of whom worked on intelligence community’s assessment of Russian interference in 2016 election, of ‘politicizing intelligence’President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is “hurting” the housing industry “very badly” and repeated his call for a big cut to US interest rates.“Could somebody please inform Jerome “Too Late” Powell that he is hurting the Housing Industry, very badly? People can’t get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut,” Trump wrote on Truth Social. Continue reading...

Politics

1 week ago UK inflation rises by more than expected to 3.8% amid higher food prices

Annual July rate all but rules out possibility of a further Bank of England interest rate cut this yearBusiness live – latest updatesInflation rose again last month, to a higher than expected 3.8%, amid higher food and fuel prices, adding to fears that the Bank of England will delay further interest rate cuts.Figures showed the annual rate as measured by the consumer price index (CPI) climbed from June’s 3.6% reading, sitting above the central bank’s 2% target for the 10th consecutive month. Continue reading...

Economics

2 w. ago Asian shares are mixed in quiet trading as traders await cues from the Fed

Shares are mixed in Asia after Wall Street held near its records

Politics

2 w. ago UK consumers risk inflation hit to savings for first time in two years

Banks slash interest rates paid to customers in response to base rate cuts; inflation forecast to peak at 4%

Economics

2 w. ago Asian shares mostly gain after uptick in inflation pulls US stocks lower

Asian are mostly higher after most stocks on Wall Street fell following a disappointing report that said inflation was worse last month at the U.S. wholesale level than economists had expected

Economics

2 w. ago Top Fed official signals uncertainty over September rate cut

Hawkish tone from Austan Goolsbee contrasts with market expectations for reduction next month

Politics