Bitcoin surges towards a record high fueled by ETF approvals and investor excitement, marking its largest monthly gain in over three years.
Read More Bitcoin set for biggest monthly jump since 2020 amid ETF boostTag: Federal Reserve
Markets underestimate risk of inflation re-accelerating, says PIMCO
Equity and fixed income markets may be too optimistic on how quickly central banks will cut interest rates.
Read More Markets underestimate risk of inflation re-accelerating, says PIMCOExclusive: Citi hit by new Fed rebuke, setbacks on consent orders
U.S. regulators have asked Citigroup for urgent changes to the way it measures default risk of its trading partners.
Read More Exclusive: Citi hit by new Fed rebuke, setbacks on consent ordersUS weekly jobless claims fall slightly more than expected
The number of Americans filing new claims for unemployment benefits fell slightly more than expected last week.
Read More US weekly jobless claims fall slightly more than expectedUS labor market sizzles; delivers large job and wage gains
U.S. job growth accelerated in January and wages increased by the most in nearly two years.
Read More US labor market sizzles; delivers large job and wage gainsFed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can start