Money US Fed in no rush to cut rates again – Powell Yomna Yasser Jan 29, 2025 0 US Federal Reserve Chair Jerome Powell made it clear that the central bank is in no rush to adjust its monetary…
Featured US real GDP growth revised higher in Q3 Yomna Yasser Dec 19, 2024 0 The US economy grew at an annual rate of 3.1 percent in the third quarter of 2024, according to the third estimate…
Featured Fed’s Powell: Too soon to assess impact of Trump’s policies on economy Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chairman Jerome Powell stated on Wednesday that it remains too soon to determine how…
Money US Fed is not ‘looking for a law change’ to own bitcoin Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chair Jerome Powell said on Wednesday that the central bank has no plans to add bitcoin to its…
Featured Powell describes Wednesday’s rate cut a ‘closer call’ but ‘right call’ Yomna Yasser Dec 18, 2024 0 US Federal Reserve Chair Jerome Powell described Wednesday’s decision to cut interest rates as a “closer call,”…
Commodities OPEC+ sees 3.1% global growth in ’24, oil demand up 1.6 mb/d Aya Anwar Dec 11, 2024 0 The Organization of the Petroleum Exporting Countries (OPEC+) has maintained a solid global economic outlook, with…
Featured US trade deficit drops in Oct Yomna Yasser Dec 5, 2024 0 The US trade deficit in goods and services decreased to $73.8 billion in October 2024, down $10.0 billion from the…
News S&P Global: US service sector sees strong growth in Nov Yomna Yasser Dec 4, 2024 0 The US service sector saw a notable acceleration in growth during November, with marked increases in both business…
News S&P Global: US sectors show strong growth in Nov, financials best-performing Yomna Yasser Dec 4, 2024 0 November data from S&P Global’s US Sector PMI® survey reveals a positive performance across most sectors of the…
Featured US GDP grows at 2.8% annual rate in Q3 – BEA Yomna Yasser Nov 27, 2024 0 The US real gross domestic product (GDP) expanded at an annual rate of 2.8 percent in the third quarter of 2024,…