It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.
The contract rate on a 30-year fixed mortgage ticked up 2 basis points to 7.07%, marking the ninth straight week above 7%.
Risk sentiment has faltered in recent weeks, and global stock markets have experienced a mild sell off, as the focus shifts ...
The rupee inched up 1 paisa to 83.43 against the US dollar in early trade on Thursday on the back of a weak American currency ...
With PCE data released last week indicating that U.S. inflation had stabilised in April, the currency market began the week ...
The U.S. services sector snapped back into growth mode in May after a short-lived contraction the month before, with a ...
US stocks were mixed in afternoon trading on Tuesday, with techs serving as a bright spot while Wall Street kicked off a ...
The number of job openings in the US shrank for the second month in a row, setting a new three-year low amid further<a class= ...
Potential bullish trend for gold if the Fed turns dovish, but uncertainty around this week’s jobs report could lead to a ...
Asian markets fell Tuesday as traders were spooked by signs of weakness in the US economy, even as the data boosted hopes the ...
A GLOBAL bond rally gathered pace on Tuesday (Jun 4), with Treasury yields falling further after a bigger-than-expected slide in US job openings that suggests the world’s biggest economy is cooling.