The Federal Reserve could rival the White House as a source of volatility in the week ahead, as U.S. central bank chief Janet Yellen testifies before Senate and House committees on the economy and monetary policy.
Investors wil Read More
Crude oil prices rose in Asia on Monday following a weekend meeting of OPEC ministers and counterparts from major producing countries who agreed a coordinated plant to trim global oil supplies is working well.
On the New York M Read More
Oil prices shot to their highest levels since mid-2015 on Monday after OPEC and other producers reached their first deal since 2001 to jointly reduce output in order to rein in oversupply and prop up markets.
In the back reaches of the Dakota Access Pipeline protest camp, U.S. military veterans, armed with saws, hammers and other tools, are quietly building barracks, an infirmary and a mess hall.
Despite the bitter cold and an evacu Read More
Investing.com - Crude oil prices rebounded in Asia on Monday as investors bet nervously on a a down-to-the-wire decision by OPEC to curb output as proposed.
The dollar slumped and the Swiss franc and Japanese yen surged on Wednesday as investors worried by the prospect of a Donald Trump presidency sought out safe havens for their money.
The yen, driven lower in the past month as in Read More
U.S. employment growth eased for the third straight month in September and the jobless rate rose, but the slowdown was not expected to prevent the Federal Reserve from raising interest rates later this year.
The Labor Departmen Read More
U.S. housing starts unexpectedly rose in July as building activity increased across the board, supporting the view that investment in residential construction will rebound after slumping in the second quarter.
Groundbreaking in Read More
Growth in the eurozone halved in the April-to-June period to 0.3 percent, dropping from a far more robust expansion of 0.6 percent in the previous quarter, data released by the Eurostat statistics agency showed on Friday.
In the Brexit vote returned by the UK referendum, Europe was seeing the results of its own response to the financial crisis, government sources said on Friday.
"Europe is now up against the way i Read More