Congressional Republicans moved to hasten an overhaul of the U.S. tax code on Thursday, while Federal Reserve officials warned in rare public remarks that President Donald Trump's tax plan could lead to inflation and unsustainable federal debt. More »
FILE PHOTO: Passersby walk past in front of stock quotation board outside a brokerage in Tokyo, Japan, September 29, 2015. REUTERS/Issei Kato Asian shares edged up on Monday on optimism for global growth, while the dollar was on the defensive as a subdued U.S.... More »
FILE PHOTO: San Francisco Federal Reserve President John Williams speaks to Reuters in San Francisco, California, U.S. on September 27, 2016. REUTERS/Stephen Lam/File Photo With the U.S. economy at full employment and inflation set to hit the Federal Reserve’s... More »
An employee of a bank counts US dollar notes at a branch in Hanoi, Vietnam May 16, 2016. REUTERS/Kham The dollar edged higher against a basket of currencies on Monday, moving away from last week’s 6-1/2-month lows and shrugging off news of North Korea’s latest... More »
FILE PHOTO – John C. Williams, President and CEO of the Federal Reserve Bank of San Francisco, speaks at the Milken Institute Global Conference in Beverly Hills, California, U.S. on May 2, 2016. REUTERS/Lucy Nicholson/File Photo The U.S. economy is at or near ... More »
San Francisco Federal Reserve President John Williams said on Monday that medium-term trends in inflation remain “pretty favorable,” despite some recent soft U.S. consumer price data. More »
A trader works on the floor of the New York Stock Exchange (NYSE) in New York, U.S., March 30, 2017. REUTERS/Brendan McDermid Equities in world markets edged higher on Thursday, led by gains on Wall Street after an upward revision to U.S. economic growth, whil... More »
A woman walks past electronic board showing stock prices and Japanese Yen’s exchange rate outside a brokerage at a business district in Tokyo, Japan, January 23, 2017. REUTERS/Kim Kyung-Hoon Asian shares turned lower on Thursday after earlier briefly nudging u... More »
A man counts U.S dollars at a money exchange office in central Cairo, Egypt, December 27, 2016. REUTERS/Mohamed Abd El Ghany The dollar ticked up on Wednesday as Federal Reserve policy-setters fanned expectations of a rate hike this month, while U.S. President... More »
William Dudley, President of the New York Federal Reserve Bank, speaks at Brooklyn College in the Brooklyn borough of New York, March 7, 2014. REUTERS/Keith Bedford/File Photo A handful of Federal Reserve policymakers on Tuesday jolted markets into higher expe... More »
Traders work on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., February 27, 2017. REUTERS/Andrew Kelly U.S. stock futures pared gains on Wednesday on disappointment that President Donald Trump did not offer further d... More »
A man using mobile phone walks past at an electronic board showing Japan’s Nikkei share average outside a brokerage in Tokyo, Japan, July 6, 2016. REUTERS/Issei Kato Appetite for Asian stocks and the euro ebbed on Tuesday as a rising tide of economic and polit... More »
FILE PHOTO: Arrangement of various world currencies including Chinese Yuan, US Dollar, Euro, British Pound, shot January 25, 2011. REUTERS/Kacper Pempel/Illustration/File Photo The euro fell around half a percent on Monday as concerns over French politics ahea... More »
(The Sports Xchange) – With Anthony Davis struggling through a rare poor shooting night, the New Orleans Pelicans were forced to rely on the supporting cast More »
Euro and Dollar banknotes are seen in a picture illustration taken October 19, 2016. REUTERS/Leonhard Foeger The dollar edged up to a fresh eight-month high against a basket of currencies in Asian trade on Monday, buoyed by expectations that the U.S. Federal R... More »
By Anirban Nag | LONDON LONDON The dollar was softer on Monday, pegged back by sluggish U.S. data that tempered expectations of a Federal Reserve interest rate hike this year. The U.S. currency was 0.2 percent lower at 101.12 yen JPY= after losing 0.6 percent ... More »
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