Goldman adds March Fed rate hike to outlook after hot October inflation data
Goldman Sachs now expects the Federal Reserve to raise rates a third time, by 25 basis points in March, after…
World News
Global economic and financial news — Federal Reserve decisions, geopolitical events, trade policy and macroeconomic data that move financial markets worldwide.
White House keeps tariffs after midterm backlash over rising prices
The White House said it will keep its tariffs a week after voters punished Republicans over rising prices. Former Trump…
Fed officials open door to half-point December hike after core CPI beats forecasts
Odds of a half-point Fed rate increase in December jumped after October core inflation came in above forecasts. Governor Christopher…
US credit card debt hits record $1.29 trillion as New York Fed cites financial hardship
US credit card balances climbed by $22 billion in the third quarter to a record $1.29 trillion, according to the…
Syria weighs sending thousands of troops to back Saudi Arabia against Houthis
Syria is reportedly weighing a deployment of thousands of troops to back Saudi Arabia against the Houthi movement, according to…
