bridge collapse in the US is expected to disrupt shipments of products ranging from cars to coal for weeks or even months. Economists say the impact on the econom...
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Oil held at its highest level since November, buoyed by strong U.S. gasoline demand and signs the Federal Reserve will cut interest rates this year. Brent crude t...
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The yen has reached its weakest level since 1990, raising expectations for intervention. The Japanese yen hit its weakest level against the dollar in nearly 34 ye...
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The Fed's Beige Book report stated that the economy has grown moderately since the beginning of the year, while consumers' sensitivity to rising prices has increa...
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Within the scope of additional tightening steps supporting the tight monetary policy stance of the Central Bank of the Republic of Turkey (TCMB), a required reser...
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The US foreign trade deficit increased by 5.1 percent on a monthly basis in January, reaching $67.4 billion. The US Department of Commerce announced foreign trade...
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Fed Chair Jerome Powell stated that in order to begin cutting interest rates, they want to be sure that inflation has fallen to target and said, “When we gain tha...
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Nomura expects the yen to strengthen against the dollar later this year. “We think the yen should get back to 140 against the dollar,” Willcox, head of trading an...
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The real estate crisis in China is having a negative impact on the balance sheets of the country’s major banks. The real estate crisis in China is having a negati...
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The banking sector's profit in the US decreased by approximately 44 percent in the fourth quarter of 2023 compared to the previous quarter, falling to $38.4 billi...
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Investors crowding into top-performing stocks increases the risk of a correction, according to JPMorgan’s global equity strategist. The clustering of investors in...
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Oil rose after services were briefly suspended on the Keystone pipeline, a key conduit that carries Canadian crude to the U.S. Brent crude futures rose above $83 ...
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Oil climbed on a quarterly rally on expectations that OPEC+ supply cuts will tighten the global market. U.S. crude rose to $82 a barrel after a modest two-day dec...
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The Fed’s Mester said the bigger danger is cutting rates too quickly. Cleveland Fed President Loretta Mester worries about keeping rates high for too long rather ...
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German Central Bank President and European Central Bank Governing Council Member Joachim Nagel has predicted the possibility of a rate cut before the summer holid...
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Japan avoided a technical recession as revised fourth-quarter data showed the economy grew by 0.4 percent. Japan avoided a technical recession on Monday after rev...
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The US economy grew by 3.4 percent in the fourth quarter of 2023, above expectations. Market expectations were that the economy would grow by 3.2 percent in the f...
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Following the latest data, economists say the risk of the Fed cutting interest rates later and by less is decreasing. Following Fed Chair Jerome Powell’s statemen...
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The total deposits of the banking sector increased by 79.3 billion Turkish lira in the week ending March 22 compared to the previous week, reaching approximately ...
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Oil fell ahead of U.S. inflation data and reports from OPEC and the IEA that could provide clues about the demand outlook this week. Brent futures fell 1.1 percen...
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Sam Bankman-Fried, the founder and former CEO of cryptocurrency exchange FTX, has been sentenced to 25 years in prison in a criminal case charged with fraud and m...
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