Asian shares were mostly higher early Monday after President Joe Biden and House Speaker Kevin McCarthy reached a final agreement on a deal to raise the U.S. national debt ceiling.
‘Don’t kiss your dollars goodbye just yet’: IMF chief sees U.S. dollar remaining global reserve currency
The head of the International Monetary Fund isn't ready to write off the dollar's role as a global reserve currency --- and thinks the U.S. will avert default.
The dollar has defied the threat of a historic U.S. default and climbed in recent weeks at the most rapid pace since February.
Japanese stocks are at a 33-year high. Buffett is buying in. But the rally may be just a function of a weak yen, one analyst says.
The rally that propelled Japanese stocks to the highest level in nearly 33 years is a direct result of renewed weakness in Japanese yen, said a strategist at RBC Capital Markets.
‘Several’ Fed officials said more rate hikes may not be needed and other key takeaways from May minutes
Several Fed officials at the May meeting said that further interest rate hikes may not be needed, minutes of the meeting released Wednesday showed.
What is the script the Federal Reserve will follow if the debt ceiling is breached? Here are some educated guesses.
San Francisco Fed President Mary Daly said Monday it was important for the Fed to keep an open mind when it meets in mid-June.
St. Louis Fed President James Bullard on Monday said he would like to see two more 25-basis-point rate hikes this year.
Fed Chairman Jerome Powell said Friday that economic data so far confirms the central bank's view that future progress on bringing down inflation will be slow.
New York Fed President John Williams on Friday said there is no evidence that the era of very low natural rates of interest has ended.
Some 60% of Generation Z are investing their money, according to a new report by FINRA and the CFA Institute.