International News US economy adds 311K jobs in February Yassmine Elbehnaihy Mar 13, 2023 0 U.S. economy has added 311,000 jobs in February, exceeding economists’ expectations, which estimated the number to…
Banks U.S. weighs new fund as backup if more banks fail Sama Mousa Mar 12, 2023 0 The U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow regulators…
News U.S. household debt reaches $16.90 trillion Nada Ali Feb 19, 2023 0 U.S. household debt increased by 2.4 percent to record $16.90 trillion from October through December last year, the…
International News Fed officials expects higher rates ahead Nada Ali Jan 5, 2023 0 Federal Reserve (Fed) officials are committed to fighting inflation and expect higher interest rates to remain in…
International News Fed’s preferred inflation measure rose 0.3% in September – data Nada Ali Oct 30, 2022 0 The Federal Reserve’s preferred inflation measure rose 0.3 percent in September, as the cost of gasoline eased,…
Stocks U.S. markets finish chaotic week in red note Nada Ali Sep 25, 2022 0 U.S. stocks fell sharply on Friday and investors continued to worry about raising the interest rate more from the…
International News Fed predicts to raise interest rates to 4.6% Nada Ali Sep 22, 2022 0 The U.S. Federal Reserve (Fed) expected to raise interest rates to 4.6 percent in 2023 before it halts its war…
Money Dollar firm as markets get ready for another big Fed rate hike Esraa Ibrahim Sep 20, 2022 0 The dollar firm kept below a two-decade high versus major peers on Tuesday.
Featured U.S. Fed hikes key interest rates by 0.75 percentage point, biggest since 1994 Yomna Yasser Jun 15, 2022 0 The U.S. Federal Reserve has announced on Wednesday its biggest hike in interest rates since 1994, a move aimed to…
Money Fed Chairman says low interest rates could last for years Amwal Al Ghad English Sep 5, 2020 0 Interest rates are likely to stay low for years as the economy fights its way back from the coronavirus pandemic,…