Gold prices rose on Tuesday as the US dollar eased due to uncertainty around President-elect Donald Trump’s tariff plans, with further support coming from top consumer China’s central bank adding to ...
US survey data rekindled inflation concerns and rising bond yields helped pull the rug out from under a rally on Wall Street on Tuesday. “A much stronger-than-expected rise in US services prices sent ...
The surprise departure of Federal Reserve vice chair for supervision Michael Barr is focusing new attention on Michelle Bowman, named by analysts as the person most likely to become the Fed’s new top ...
Higher Treasury yields also make it more expensive for everyone to borrow, from huge multinational corporations to homebuyers looking for a mortgage. Treasury yields have been rising in part because ...