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Fed’s Collins says PCE does not change restrictive policy view
The Boston Fed President, Suan Collins, crossed the wires on Thursday as the Jackson Hole Symposium ...
How will stocks perform when the Fed chair speaks at Jackson Hole? Here’s what history tells us.
Kevin Warsh is due to deliver his first Jackson Hole speech since taking the helm at the Federal Res...
Trump Sends Saudi Nuclear Deal to Congress as Riyadh Rejects Israel Condition
Trump has formally sent the landmark U.S.-Saudi civilian nuclear agreement to Congress, even as Riya...
Comedian Pete Davidson lowers price of his Westchester home to $2.15 million
“Saturday Night Live” alum Pete Davidson has decreased the asking price of his upstate New York home as he attempts to move to Staten Island.
Two funds run by Blue Owl are cutting their dividend — and one sold half its SpaceX stake before IPO
Two funds that invest in private credit run by Blue Owl Capital said they’re cutting dividends in the latest sign of stress to hit the sector.
USD: Softer tone as Fed seen delaying cuts – MUFG
MUFG’s Lloyd Chan notes the US Dollar (USD) has softened as US Dollar Index (DXY) retests support and US yields fall, while equities hit new highs. Recent US data show stronger ADP employment but worr ...
WTI Oil dips to levels approaching $90.00 amid Hormuz opening rumours
Crude Oil prices extend losses for the third consecutive day on Thursday, with the US benchmark West Texas Intermediate (WTI) trading at $90.66 at the time of writing, as progress in the US-Iran peace ...
The Stock Market Faces Serious Problems in President Trump's Economy. History Says This Could Happen Next.
Investors seem to be overlooking serious threats to the U.S. economy related to the Iran war and tariffs.
S&P 500, Nasdaq Build on Record Highs as Earnings and Iran Hopes Continue to Boost Markets
Stocks were on track to rise again Thursday, as the twin catalysts of artificial intelligence earnings and a potential peace deal between the U.S. and Iran continued to lift the market. S&P 500 futur ...
ECB’s Villeroy: Next move should be guided by the data, not the date
European Central Bank (ECB) policymaker and Bank of France Governor Francois Villeroy de Galhau said in the European trading session on Thursday that the central bank should focus on the data and not ...
Oil: Prices steady after sharp conflict-driven selloff – ING
ING analysts Ewa Manthey and Warren Patterson note that Oil and gas prices dropped sharply as Iran considered a new US proposal that could gradually reopen the Strait of Hormuz and ease supply risks.
Shell’s profits jump as Iran war delivers windfall
Energy major warns of lower gas production after damage to its facilities in the Gulf
Update: Market Chatter: US, Iran Close to Agreement That Could End War, Lead to Broader Deal
(Updates with response from the White House in the seventh paragraph.) The US and Iran are close
United Kingdom S&P Global Construction PMI registered at 39.7, below expectations (45.7) in April
United Kingdom S&P Global Construction PMI registered at 39.7, below expectations (45.7) in April
Euro area: Energy shock rekindles price pressures – Societe Generale
Societe Generale economists Sam Cartwright, Michel Martinez and Jorge Garayo analyse Euro Area inflation following the latest energy shock. They note headline inflation has already risen to 3% and exp ...