Saturday May 28, 2022
Saturday May 28, 2022

Federal Reserve

US hiring was likely strong again in April despite inflation

May 6, 2022
America’s job market has run like a well-engineered machine, adding an impressive average of 540,000 workers a month despite a punishing inflation rate

US sees highest inflation surge in nearly four decades

Jan 13, 2022
US consumer prices in December continued to rise at the fastest annual pace in almost 40 years, which could push the Federal Reserve to raise interest rates earlier, the US Labor Department reported on Wednesday.

Asian stocks follow, Wall St lower

May 13, 2021
Rising prices reflect growing industrial and consumer activity after last year’s global shutdown to fight the coronavirus pandemic.

Asian shares slide after tech sell-off on Wall Street

May 11, 2021
Shares dropped Tuesday in Asia after selling of several Big Tech companies pulled US benchmarks lower.

Coinbase soars in market debut, valued near $86 billion

Apr 15, 2021
Coinbase made a rousing debut on Wall Street on Wednesday, with shares of the digital currency exchange rising as high as $429, briefly giving it a market value over $100 billion.

Asian stock markets advance after new Wall St high

Apr 14, 2021
Asian stock markets rose on Wednesday after Wall Street hit a high following an uptick in US inflation and an order by regulators to suspend use of Johnson & Johnson’s coronavirus vaccine.

Asian shares decline on vaccine, virus worries

Apr 12, 2021
Asian shares were lower on Monday, as investors grew wary over the recent surge in coronavirus cases in many places while vaccination efforts are making scant headway.

Fed’s Powell sees US boom ahead, with COVID still a risk

Apr 12, 2021
The US economy is poised for an extended period of strong growth and hiring, the chair of the Federal Reserve said in an interview broadcast Sunday, though the coronavirus still poses some risk.

Asian shares mostly lower on strong China price data

Apr 9, 2021
Shares fell Friday in most Asian markets after China reported a stronger than expected rise in prices that could prompt authorities to act to cool inflation.

Major economies support $650 billion boost in IMF resources

Apr 8, 2021
Finance officials of the world’s major economies on Wednesday agreed on a proposal to boost the resources of the International Monetary Fund by $650 billion.

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