The Dow Jones Industrial Average rises 40.75 points, or 0.09 per cent, to 47,562.87. Read more at straitstimes.com. Read more at straitstimes.com.

Wallar emphasised that he knows that the inflation in the US economy will come down as he advocates for an interest rate cut ...

The fall in the gold price came as improved global risk appetite, a strong dollar, and the cautious tone of the US Federal ...

On Wednesday, after the Fed's policy-setting committee voted 10-2 to lower its benchmark interest rate to the 3.75%-4.00% ...

With the S&P 500 on pace for a 16% yearly gain already, investors find themselves at a familiar crossroads: lock in profits while they are hot, or stay greedy and bet on a typical year-end rally that ...

Federal Reserve Governor Christopher Waller has renewed his support for a Fed rate cut at the upcoming December meeting, arguing that softening labor market indicators and easing inflation justify ...

Nvidia, Microsoft, Apple, Amazon, Alphabet, Meta Platforms and Tesla now boast a combined market value north of $22 trillion.

Ending the program as of Dec. 1 is just another way for Fed officials to ease financial conditions, albeit through different channels than a rate cut would. Changes to the Fed's balance sheet impact ...

Stephen I. Miran, the newest member of the central bank’s Board of Governors, thinks some of his colleagues are too worried ...

A day earlier, while speaking at an APEC CEO’s event in South Korea, Trump referred to Powell as “incompetent” and by the nickname “Too Late” before adding that, after the Fed Chair’s term expires ...

While markets still price in a high probability of a December cut, new rhetoric from inside the Fed suggests the bar is ...

After the Federal Reserve made its second consecutive quarter-point cut this past week, Chair Jerome Powell said “there were ...