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December, 2

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US stocks pause for breath as traders await Federal guidance

LONDON: US stock markets hovered Thursday as investors awaited fresh signals from the Federal Reserve about the direction of US interest rates, although...

Howard Schneider: Fed’s Collins: Further tightening possible, though “patience” required

WASHINGTON: Further Federal Reserve interest rate increases are "not off the table" with inflation still not clearly contained, Boston Federal Reserve President Susan...

Interest Rates: US Federal Reserve rate pauses rate hike, sees tighter policy for year

WASHINGTON: The US Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further rate increase projected by...

Markets mostly drop as oil spike fuels fresh inflation fear

HONG KONG: Most markets fell Wednesday as a jump in oil prices to 10-month highs rekindled worries of another US Federal Reserve interest...

Employment: Jobless rate drops in US, wages grow

US employment increased at a solid pace in July while wages rose at a faster-than-expected clip, consistent with sustained labour demand that's at...

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