Euro’s Use in International Payments Drops to Three-Year Low
The euro’s use for international payments dropped in April to the lowest in three years as those using
2023-05-18 09:25
Treasury's Plunging Cash Pile Raises Risk of Early June X-Date
A faster-than-expected decline in the US Treasury Department’s cash balance is leading market participants to question whether the
2023-05-18 00:47
Australia Pay Gains Suggest Economy Will Avoid Wage-Price Spiral
Australian salaries rose at around half the pace of inflation in the first three months of 2023, suggesting
2023-05-17 11:58
Pence Calls for End to Fed’s Jobs Mandate as He Weighs 2024 Bid
Former Vice President Mike Pence is calling for an end to the Federal Reserve’s dual mandate, saying the
2023-05-17 06:59
France Presents Bill to Rival US Support for Green Industry
The French government presented a green industry bill including tax credits and targeted bonuses for electric vehicles, seeking
2023-05-16 18:25
Fed Officials Signal Rate Caution on Credit and Price Pressures
Two Federal Reserve officials signaled they favored pausing interest-rate increases, while a third policymaker suggested the central bank
2023-05-15 23:24
Debt-Limit Default Risk Is Higher Than Ever. How Can You Safeguard Your Wealth?
The risk of a US debt default is greater than it’s ever been, threatening to tip global markets
2023-05-15 08:21
China’s Strong Data Likely to Mask Weakening Recovery
Key economic data this week may suggest China’s recovery is doing a lot better than it is in
2023-05-14 04:26
Charting the Global Economy: US Inflation Cools; BOE Hikes Rates
US inflation showed more signs of moderating in April, giving the Federal Reserve room to pause interest-rate increases
2023-05-13 18:20
G-7 Finance Chiefs Boost Ukraine Aid, Propose Supply Chain Plan
Group of Seven finance chiefs put more aid on the table for Ukraine, set up a new supply
2023-05-13 15:49
Yellen to Update Congress on Default Timing Within Two Weeks
Treasury Secretary Janet Yellen said she expects to update Congress within the next two weeks on how close
2023-05-13 09:48
Yellen Says ‘We Have to Default’ on Something If Congress Fails
Treasury Secretary Janet Yellen said that the federal government will have to renege on some payments if Congress
2023-05-13 05:45