By CHRISTOPHER RUGABER WASHINGTON (AP) — Chair Jerome Powell said Wednesday that he supports a traditional quarter-point increase in the Federal Reserve’s benchmark short-term interest rate when the
By DAMIAN J. TROISE NEW YORK (AP) — The Dow Jones Industrial Average dropped more than 1,000 points Monday as financial markets buckled in anticipation of inflation-fighting measures
WASHINGTON — Warning that high inflation could make it harder to restore the job market to full health, Federal Reserve Chair Jerome Powell said Tuesday that the Fed
SINGAPORE (BLOOMBERG) – Binance Asia Services, which recently withdrew an application to offer cryptocurrency services in Singapore, did not meet the central bank’s criteria for safeguarding against money laundering
TOKYO (REUTERS) – The United States dollar traded near a one-week high versus a basket of major rivals on Tuesday (Dec 14), supported by expectations of a hawkish
(BLOOMBERG) – To a world full of fixed-income investors starved of safe assets with attractive yields, China’s government bonds had become a tempting sight in recent years. However,
SINGAPORE – Singapore households have amassed a larger pile of debt than they had before Covid-19 struck, thanks to a buoyant property market. Hence, households must carefully assess
WASHINGTON – If freight trains rumbling across the great American plains are the sinews of the supply chain in the biggest market on the planet, then trucks are
TOKYO (BLOOMBERG) As Americans celebrated Thanksgiving with turkey prices at record highs, another poultry dish that is a beloved holiday tradition could be in short supply: fried chicken
