• September 12, 2024

Where Money Managers See Dollar Going as Fed Cuts, US Votes

(Bloomberg) -- All signs point to a tough few months ahead for investors charting the dollar’s path, after the US presidential debate and a key inflation reading left markets anticipating heightened...

Read More

• September 12, 2024

Wholesale inflation mostly cooled last month in latest sign that price pressures are slowing

WASHINGTON (AP) — U.S. wholesale price increases mostly slowed last month, the latest evidence that inflation pressures are cooling enough for the Federal Reserve to begin cutting interest rates nex...

Read More

• September 12, 2024

US filings for unemployment benefits inch up slightly but remain historically low

Slightly more Americans filed for unemployment benefits last week, but layoffs remain at historically low levels despite two years of elevated interest rates. Jobless claims rose by 2,000 to 230,...

Read More

• September 12, 2024

Thailand's slumping economy is new leader Paetongtarn's focus in her first parliamentary speech

BANGKOK (AP) — Thailand’s new Prime Minister Paetongtarn Shinawatra vowed Thursday in her inaugural speech to Parliament to continue many of her predecessor’s plans to solve the country’s economic...

Read More

• September 11, 2024

Global Funds Rush Into Southeast Asia Stocks as Fed Pivot Play

(Bloomberg) -- Southeast Asian equities have cemented their position as a favorite play of money managers positioning for the Federal Reserve’s policy pivot. Four of the five best-performing Asia...

Read More

• September 11, 2024

Federal judge temporarily blocks Utah social media law aimed at protecting children

A federal judge in Utah has temporarily blocked a social media access law that leaders said was meant to protect the personal privacy of children and limit their use of such platforms, saying it i...

Read More

• September 11, 2024

Morning Bid: Strong open eyed after US inflation see-saw

By Jamie McGeever (Reuters) - A look at the day ahead in Asian markets. The see-saw nature of U.S. market reactions to the latest U.S. inflation figures on Wednesday highlighted investors' gen...

Read More

• September 11, 2024

Fed official broke ethics rules but didn't violate insider trading laws, probe finds

WASHINGTON (AP) — A government investigation into Atlanta Federal Reserve President Raphael Bostic's securities trades and investments has found he violated several of the central bank's ethics poli...

Read More

• September 11, 2024

Fed Watchdog Found No Proof Bostic Traded on Inside Information

(Bloomberg) -- The US central bank’s internal watchdog chastised Federal Reserve Bank of Atlanta President Raphael Bostic for his previously reported violations of the Fed’s investment restrictions,...

Read More

• September 11, 2024

Atlanta Fed's Bostic violated trading rules, US central bank watchdog says

By Michael S. Derby (Reuters) -Federal Reserve Bank of Atlanta President Raphael Bostic's trading and investing broke central bank rules, the Fed's in-house watchdog said on Wednesday. Bostic ...

Read More