The Fed's interest-rate-cutting cycle is likely over after the December jobs report, according to BofA.
The selloff in government debt is making it costlier to borrow, jarring stocks and pressuring indebted countries.
Among the group, Goldman Sachs turned in the strongest stock performance in 2024 with a gain of 48.4%, followed by a 42.7% rise from Wells Fargo, a 40.9% gain by JPMorgan Chase, a 36.8% jump by ...
Asian markets tumbled Monday after an outsized US jobs report dealt another blow to hopes for more interest rate cuts, while ...
Drops for Nvidia and other superstar stocks are dragging U.S. stock indexes lower on Monday and keeping Wall Street stuck in ...
U.S. stock indexes were split on Monday as gains for oil-and-gas producers helped offset drops for Nvidia and other Big Tech ...
Nearly 65 million tourists came to New York last year, a 3.5% increase over 2023, according to the mayor’s office. Next year, visitors will return to pre-pandemic levels of 67 million, and hotel ...
IAG shares dropped 3.5% early on, with easyJet (LON: EZJ) PLC also among the FTSE 100’s fallers as rivals Wizz Air Holdings ...
The Federal Reserve’s independence won’t be in jeopardy once President-elect Donald Trump takes office, neither are inflation ...
Base metal prices edged higher, after having largely traded sideways since the start of the year amid growing uncertainty around future global trade dynamics after Trump.