19 h. ago Trump calls on all NATO countries to stop buying Russian oil, threatens tariffs on China

Trump posted on his social media site that NATO’S commitment to winning the war "has been far less than 100%"

Economics

25 h. ago Charting the Global Economy: Weak Jobs, Steady Inflation Seal Fed Rate Cut

A record downward revision to annual US job growth, paired with no surprises in the latest inflation data, sealed the deal for the Federal Reserve to cut interest rates next week.

Economics

37 h. ago S&P/TSX composite declines ahead of rate decisions next week, U.S. markets mixed

TORONTO — Broad-based losses drove Canada’s main stock index to close lower on Friday, while U.S. markets were mixed ahead of key rate decisions next week from the U.S. Federal Reserve and the Bank of Canada. Dustin Reid, chief strategist for fixed income at Mackenzie Investments, said Friday’s trading session was a “bit of a […]

Other

59 h. ago Asia Joins Global Equity Rally After US Inflation: Markets Wrap

Asia joined a global equity rally after relatively tame US inflation data and cooling jobs numbers clinched a path for the Federal Reserve to cut interest rates next week.

Economics

59 h. ago Asian Stocks Near Record High on Fed Rate Cut Bets: Markets Wrap

Asian stocks rallied, with MSCI’s regional gauge nearing a record high, after US inflation and jobless claims data cemented expectations the Federal Reserve will cut interest rates next week.

Economics

65 h. ago US Stocks Advance as CPI Report Buoys Trader Bets on Rate Cuts

Equities climbed on Thursday, touching new intraday records as investors expect an in-line inflation report to trigger a Federal Reserve interest rate cut next week.

Economics

3 d. ago Inflation likely rose last month as Trump’s sweeping tariffs boost goods prices

WASHINGTON (AP) — U.S. inflation likely ticked higher last month as the Trump administration’s import taxes have lifted the price of goods, potentially putting the Federal Reserve in a tough spot when it meets next week. Economists forecast that consumer prices rose 2.9% in August from a year earlier, according to a survey of economists […]

Economics

3 d. ago Gold Steadies Near Record as Traders Gear Up for Inflation Data

Gold steadied just below a record after a surprise drop in US producer prices supported the case for the Federal Reserve to ease policy.

Economics

3 d. ago Trump takes one step back, another forward in attempt to reshape Fed

WASHINGTON — President Donald Trump’s goal of appointing a majority of the Federal Reserve’s board of governors faced a setback late Tuesday when a court blocked his unprecedented attempt to fire Lisa Cook. But the very next next day, his nominee to replace another Fed governor moved forward, giving him one more opportunity during his […]

Other

3 d. ago Asian Shares Seen Lower as US Stocks Rise Into CPI: Markets Wrap

Asian equities were set to edge lower Thursday after a rally on Wall Street drove stocks and bonds higher as a drop in producer prices supported bets the Federal Reserve will resume cutting interest rates next week.

Economics

3 d. ago Asian Shares Steady as US Stocks Climb into CPI: Markets Wrap

Asian equities were mixed Thursday after a rally on Wall Street drove stocks and bonds higher, as a drop in producer prices supported bets the Federal Reserve will resume cutting interest rates next week.

Economics

3 d. ago Gold Rises Near Record as US PPI Underpins Fed Rate Cut Bets

Gold advanced as a surprise pullback in US inflation underpinned bets that the Federal Reserve will lower interest rates at its meeting next week.

Sport

3 d. ago S&P 500 Hits Record as PPI Surprise Sinks Yields: Markets Wrap

Wall Street traders drove stocks higher and bond yields lower as an unexpected decline in inflation reinforced bets the Federal Reserve will resume cutting interest rates in September.

Sport

3 d. ago U.S. court rules Lisa Cook can stay as Fed governor, blocks Trump from removing her

Trump, a Republican, said he was firing Cook on Aug. 25 over allegations raised by one of his appointees that she committed mortgage fraud.

Politics

3 d. ago US Producer Prices Unexpectedly Drop, First Decline Since April

US wholesale inflation unexpectedly declined in August for the first time in four months, adding to the case for the Federal Reserve to cut interest rates.

Economics

3 d. ago Trump jeered at Washington restaurant, called ‘Hitler of our time’

Washington (AFP) — Viral videos on social media portray the moment protesters began jeering US President Donald Trump at a Washington restaurant Tuesday, shouting “Free DC! Free Palestine! Trump is the Hitler of our time!” The 79-year-old Republican approached the shouting protesters in the restaurant, pausing a few feet away from them for a few […]

Other

4 d. ago US Stocks Climb Ahead of Jobs Revisions as Rate Cut Bets Rise

US equities eked out small gains at Tuesday’s open ahead of a closely watched revision to labor market and inflation data, which investors believe will set the tone for the pace of Federal Reserve rate cuts.

Economics

5 d. ago New immigration campaign prompts confusion as Chicago braces for federal intervention

CHICAGO — The Department of Homeland Security trumpeted the start of a new immigration operation Monday in Chicago, stirring up fresh confusion and anxiety as the city remained on alert for a federal intervention President Donald Trump has touted for days. Blasting so-called sanctuary laws in Chicago and Illinois, the latest effort targets people without […]

Other

5 d. ago Australia’s Wealth Fund Monitors Fed Pressure, Trims US Exposure

Australia’s A$252 billion ($166 billion) sovereign wealth fund said it’s reduced exposure to US markets and is keeping close tabs on President Donald Trump’s pressure campaign against the Federal Reserve.

Other

5 d. ago Why the U.S. Federal Reserve should not cut interest rates now

Amid loose financial conditions and a bubbly market, it's exactly the wrong time

Other