Economic policy

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Fed’s Powell urges broader regulation for stablecoins

Today News || WASHINGTON — Federal Reserve Chair Jerome Powell said Tuesday that stablecoins will need greater regulation as they…

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Business

How major US stock indexes fared Friday 9/23/2022

Today News || Markets sold off around the world on mounting signs the global economy is weakening just as central…

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Business

Global markets fall sharply on worries about rates, economy

Today News || BEIJING — Stocks tumbled worldwide Friday on more signs the global economy is weakening, just as central…

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Business

US stocks fall broadly as global central banks raise rates

Today News || BEIJING — Stocks fell on Wall Street in afternoon trading on Thursday and added to weekly losses…

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Business

More Americans apply for jobless aid

Today News || WASHINGTON — The number of Americans filing for jobless benefits rose slightly last week with the Federal…

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Business

Global shares mostly gain as investors await Fed rate hike

Today News || TOKYO — Global shares mostly rose Tuesday, after Wall Street closed higher on a late flurry of…

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Business

How much ‘pain’? Fed to signal more rate hikes ahead

Today News || WASHINGTON — Federal Reserve Chair Jerome Powell bluntly warned in a speech last month that the Fed’s…

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Royal fans give London tourism a bump amid UK economic woes

Today News || LONDON — Royal fans have poured into the heart of London to experience the flag-lined roads, pomp-filled…

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Business

Asian stocks follow Wall St lower amid inflation pressure

Today News || BEIJING — Asian stock markets followed Wall Street lower on Friday after higher-than-expected U.S. inflation dashed hopes…

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Business

Mortgage rates hit 6%, first time since 2008 housing crash

Today News || WASHINGTON — Average long-term U.S. mortgage rates climbed over 6% this week for the first time since…

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