The trade truce between the US and China appears increasingly fragile, as both sides trade barbs just more than a week after ...

Bankruptcy in the short term is painful. In the long term, it is cleansing decades of poor federal government choices.

The Federal Reserve is unlikely to lower its benchmark interest rate at its two meetings this summer, several bank ...

But damaging the dollar’s status carries more nebulous costs. As holders of the world’s reserve asset, the US has the privilege of funding borrowing at a lower cost than other countries for a given ...

Aussie entrepreneur Mark Bouris has predicted at least two more rate cuts will occur this year off the back of the Reserve Bank’s decision to cut the official cash rate.

FILE PHOTO: A trader works on the trading floor at The New York Stock Exchange (NYSE) following the Federal Reserve rate announcement, in New York City, U.S., September 18, 2024. REUTERS/Andrew ...

Treasury Secretary Scott Bessent warned on Sunday that tariff rates will go back to "reciprocal" levels if countries do not ...

U.S. Federal Reserve officials speaking on Monday took on cautiously the ramifications of the latest downgrade of the U.S.

The Reserve Bank board may decide this week whether to publish the unattributed interest rate votes of its members.

President Donald Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than ...

The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a ...

The Federal Reserve will look to reduce its headcount by 10% over the next couple of years, including offering deferred resignation to some older employees, central bank chair Jerome Powell said in a ...