Business

Incoming Federal Reserve Chair Kevin Warsh could face significant challenges in reducing the US central bank’s role in financial markets as rising federal debt and weakening demand advantages for US …

US industrial production rebounded strongly in April, while retail sales continued to show resilience despite mounting inflationary pressures across the economy. According to data released on Friday by the Federal …

US retail sales rose 0.5% in April, underscoring resilience in household spending despite higher gasoline prices and weak consumer confidence.  ING Economics said the figures highlight the ability of consumers …

At the time of writing, President Trump, along with a clutch of top US corporate executives, is in China. Mr Trump and Chinese President Xi Jinping have already held a …

US wholesale inflation accelerated sharply in April, underscoring growing price pressures across the economy as higher energy costs and supply chain disruptions continued to ripple through businesses. The Producer Price …

Belgium’s sudden inflation spike in April, driven by an energy shock spilling into wider consumer prices, has prompted ING Economics to warn of a dangerous pattern that could spread across …

Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new data released by MSCI, highlighting mounting pressure on borrowers in …

The US Senate on Tuesday confirmed Kevin Warsh to a 14-year term as a governor at the Federal Reserve. This vote clears a major hurdle toward his expected appointment as …

The pound struggled to extend gains against the dollar on Monday, with GBP/USD failing to build on a modest intraday bounce as fresh US dollar buying capped its recovery. Optimism …

Goldman Sachs has pushed back its forecast for the first US interest-rate cut, saying higher energy prices and the risk of stickier inflation linked to the Middle East conflict are …