USD/JPY drops toward 147.00, down nearly 0.50% on the day, as the Yen gains on growth optimism and broad US Dollar weakness.

CNN business reporter Matt Egan on Friday highlighted “solid” consumer spending in July amid President Donald Trump’s tariff regime. Retail and food services sales in July rose […] ...

The great-and-the-good of the American central banking world are off to the Fed’s annual Jackson Hole conference. And for Chair Jerome Powell, his appearance could hardly come at a more challenging ...

It’s been a little mixed,” Goolsbee said Friday, referring to recent inflation data in an interview on CNBC. “I feel like we ...

The 30- year fixed-rate mortgage averaged 6.66% in the week ending Aug. 14, down four basis points from the previous week. While growing inflation should theoretically make the Federal Reserve less ...

Chicago Fed's Austan Goolsbee says rising producer prices and sticky services inflation raise concerns about tariff-driven ...

The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...

The CME FedWatch Tool shows an 88% probability of a 25 basis point Fed rate cut in September, down from almost full pricing ...

Bitcoin falls on hot July PPI data showing 0.9% jump. Inflation fears dim Fed rate cut hopes. Retail sales data next key risk factor.

Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...

Surging on robust earnings from major Australian firms, the ASX 200 achieves unprecedented levels amid a backdrop of global economic shifts, with key factors such as inflation and Federal Reserve ...

The brunt of tariffs is yet to be felt. Importers padded inventories before Liberation Day or absorbing the costs, delaying ...