Most regions of the United States continue to see modest to moderate growth, but optimism about the economic outlook has waned, partly due to concerns over government policies, the Federal Reserve said Wednesday. Labor shortages, especially for skilled workers, are forcing companies to offer more generous and flexible conditions, but so far that has not … Read more
Asian shares rose on Thursday as investors were encouraged by President Donald Trump’s measured tone in his first speech to Congress, which sent Wall Street stocks sharply higher, while growing bets on a U. S. rate hike this month buoyed the dollar. MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS rose 0.2 percent, led … Read more
Businesses in some parts of the country, while generally upbeat, are concerned about the uncertainty surrounding the impending policies of US President Donald Trump, the Federal Reserve said Wednesday. The Fed’s survey of the economy also showed that labor markets continue to tighten across the country, with many regions finding it harder to fill positions, … Read more
The dollar and U. S. Treasury yields jumped on Wednesday, while stocks were mixed, as investors focused less on U.S. President Donald Trump’s first speech to Congress and more on what they see as a growing chance of a U.S. interest rate hike this month. Trump took a measured tone in his keenly awaited speech … Read more
The dollar hit a nine-month high against a basket of currencies on Monday, buoyed by expectations that the Federal Reserve will raise U. S. interest rates this year and that Donald Trump will not become the U.S. president. After three straight weeks of gains, the dollar index – which tracks the greenback against a basket … Read more