Global benchnmark Brent was little changed above $67 a barrel after ending almost 2% lower on Tuesday, while West Texas Intermediate was near $62. Crude has pushed higher this year as geopolitical concerns, including the tensions over Iran, outweighed wa

The Wage Price Index advanced an annual 3.4% in the three months through December, matching economists’ estimate, Australian Bureau of Statistics data showed Wednesday. Public sector wages rose at a faster annual pace than the private sector for a fourth

The ruling clears a path for state action, leaving predictions-market operator Kalshi with limited options, according to one legal expert.

Wall Street is entering the final stretch of this batch of earnings as AI dominates stock conversations.

The dollar index (DXY00 ) on Tuesday rose to a 1-week high and finished up by +0.25%. Weakness in the euro and the British pound on Tuesday was supportive for the dollar after both currencies fell to 1-week lows. Also, hawkish Fed comments boosted the dol

The Federal Reserve must dig deep on the data to assess ‌whether artificial intelligence is boosting productivity growth ‌and enabling faster economic growth without igniting inflation or requiring ​the Fed to tap the brakes with tighter policy, San Franc

Federal Reserve governor Michael Barr said Tuesday that the boom in artificial intelligence \\

Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a stark contrast to Fed Chair nominee Kevin Warsh’s plan for slashing borrowing costs.

Feb 17 (Reuters) - The recent drop in unauthorized immigration to the United States has slowed employment growth, particularly in construction and manufacturing, and those trends are likely to

The billionaire hedge fund manager warned that the world has entered a historical cycle that he believes is the most turbulent and violent possible.

This week's energy newsletter reviews oil and gas price shifts, U.S. rig count figures, key corporate acquisitions and discoveries, and analyzes major geopolitical events impacting global oil trade, including shipping market manipulation and rising Chines

Traders are betting there will be two more interest rate cuts before the end of the year as the Bank of England tries to support the economy in the face of soaring unemployment.

June U.S. Treasury note futures present a buying opportunity on more price strength.

Iran has temporarily closed parts of the Strait of Hormuz, the world's most critical oil transit chokepoint, for a few hours today as its naval forces conduct a military drill featuring advanced armed drones.

Banks have lost their hold on mortgage originations in recent years to nonbanks. The Fed is looking at regulatory changes to bring mortgages back into the banking fold, according to Michelle Bowman.