Latest Updates Around The World
The US dollar continued to rise overnight on Thursday after President Donald Trump withdrew his threat to impose tariffs on some European NATO countries, proclaiming the framework of a deal with NATO over control of Greenland. That put the safe-haven Swiss franc on the back foot, retreating sharply from a three-week high, while gold fell […]
A drop in the unemployment rate could ease concerns at the U.S. central bank about labor market weakness, with traders betting that Federal Reserve Chairman Jerome Powell has made his last rate cut before his term ends in May and that any further policy easing remains in the hands of whomever President Donald Trump appoints […]
U.S. private labor costs recovered less than expected in December, the ADP national employment report showed on Wednesday.Private employment increased by 41,000 jobs last month, after a revised decline of 29,000 in November. Economists polled by Reuters had forecast private employment to rise by 47,000 jobs, after a previously reported drop of 32,000 in November. […]
The Dow Jones rose more than 500 points on Wednesday after the Federal Reserve cut interest rates by a quarter of a percentage point and indicated it is likely to halt further cuts in borrowing costs in line with expectations. The cut was the result of a divided vote, with the central bank saying it […]
Washington, October 14, 2025 – US Federal Reserve Chairman Jerome Powell warned on Tuesday that risks to employment had increased in recent months, noting that there had been a sharp slowdown in job creation in the world’s leading economy. “Although the unemployment rate remained low in August, wage increases have slowed sharply, likely in part […]
Washington -Federal Reserve chairman Jerome Powell indicated on Tuesday a cautious approach to future interest rates, in stark contrast to other FED officials who have called for a more urgent approach. In comments in Providence, Rhode Island, Powell noted that there are risks for both the goals of the FED to find maximum employment and […]
