News

Reuters5m
Sterling edges up ahead of Fed, investors uncertain about BoE policy path
July 30 (Reuters) - Sterling was marginally higher on Wednesday as investors awaited the outcome of the Federal Reserve's policy meeting, after digesting news this week of a trade deal between the ...
Persistent Systems delays wage hikes by a quarter, pauses fresher hiring over macro uncertainty
Persistent Systems CEO Sandeep Kalra is hopeful that the macro uncertainties due to Trump’s tariffs and delayed decision ...
News Tribune12m
Federal Reserve likely to stand pat on rates this week, deepening gulf between Powell, Trump
The Federal Reserve is expected to leave its short-term interest rate unchanged today for the fifth straight meeting, a move that will likely underscore the deep divide between how Chair Jerome Powell ...
The Fed is likely to hold interest rates steady despite intense pressure from Trump
The Federal Reserve is expected to leave its benchmark interest rate unchanged, but a rate cut is possible in September. President Trump has been urging the central bank to lower borrowing costs.
Fed to avoid clear signal on rate-cut timing
The Federal Reserve is expected to maintain current interest rates at its upcoming meeting, but potential dissents hint at ...
KCRW32m
Trump keeps pressuring the Fed to cut rates. Here's why its independence matters
Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first president to target the central bank, but he's the most public and aggressive.
The Fed hasn’t been this divided in decades
For the past 32 years, the Federal Reserve’s decisions on interest rates have almost always been unanimous, with the occasional dissent from a lone policymaker. That might not be the case this week.
FTSE 100 LIVE: Stocks slip as traders digest earnings and await eurozone GDP data
The FTSE 100 (^FTSE) and European stocks slipped on Wednesday morning as traders digest a slew of earnings reports in London, ...
There's finally inflation from tariffs - in Hermes bags
Luxury-goods giant Hermes International has been passing along tariff increases to its U.S. customers. Reuters reported from a company conference call that Hermes raised prices by 7% globally and an ...
Fed Decision: Who Actually Sets Interest Rates?
While President Trump has focused his demands for lower borrowing costs on Federal Reserve Chair Jerome Powell, a broader ...
German 10-Year Bund Yield Eases, Italian BTP Yield Flat After GDP Data
Eurozone government bond yields are marginally lower after flash estimate German and Italian GDP data. Germany’s GDP shrank 0.1% in the second quarter, in line with analysts’ expectation in the Wall ...
Insider trading is Johnson’s next Epstein
The Senate will vote to advance the nomination of Thomas Gaiser to be assistant attorney general at 11:30 a.m. Later in the ...