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Tag: Federal Reserve

TAIPEI, TAIWAN: An investor looks at a monitor showing the stocks' curves in Taipei, 29 January 2004. Taiwan share prices closed 1.15 percent lower in line with the Wall Street's overnight weakness after a subtle change in wording in the US Federal policy statement opened door for speculation of US interest rate hikes sooner than expected, dealers said. The weighted index closed down 73.60 points at 6,312.65, after trading between 6,379.05 and 6,303.21, on turnover of 151.84 billion Taiwan dollars (4.55 billion US dollars). AFP PHOTO/Sam YEH (Photo credit should read SAM YEH/AFP via Getty Images)

Fed Holds Interest Rates Steady Amid Inflation Concerns

The Federal Reserve decided to hold interest rates steady today, continuing its ongoing effort to bring inflation down.

Read More Fed Holds Interest Rates Steady Amid Inflation Concerns
A Rivet RV, a lower-priced version of Bowlus's trailers, is towed by a car, in this undated handout picture. Bowlus/Handout via REUTERS

Rich Americans keep high-end RV company rolling along

Most U.S. RVs aim to satisfy the wanderlust of largely middle-income customers.

Read More Rich Americans keep high-end RV company rolling along
FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in New York, October 28, 2013. REUTERS/Carlo Allegri/File Photo

US equity funds attract inflows for third week in a row

U.S. equity funds drew inflows for a third consecutive week with investors clinging to hopes of rate cuts this year.

Read More US equity funds attract inflows for third week in a row
An independent barber waits for customers on his van in a local street in New York, U.S., December 25, 2023. REUTERS/Eduardo Munoz/File Photo

US retail sales miss expectations; producer prices accelerate

Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.

Read More US retail sales miss expectations; producer prices accelerate
FILE PHOTO: A bitcoin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier

Bitcoin hits record high on increased investor appetite

Bitcoin hit a record high, fueled by investors pouring money into U.S. spot exchange-traded crypto products.

Read More Bitcoin hits record high on increased investor appetite
Worker wearing a face mask works on a production line manufacturing bicycle steel rim at a factory in Hangzhou, Zhejiang

US manufacturing sector struggling to recover -ISM

U.S. manufacturing slumped further in February, with a measure of factory employment dropping to a seven-month low.

Read More US manufacturing sector struggling to recover -ISM

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