How Pennsylvania towns are protecting themselves from the noise, heat and utility costs of massive data centers
Dozens of girls emerge from drain after wandering into tunnel while on school trip in Rockland County
US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs
How Pennsylvania towns are protecting themselves from the noise, heat and utility costs of massive data centers
US wholesale inflation rose sharply last month as Iran oil shock continues to drive up business costs
More dangerous storms are underway in the central US after widespread storm damage there Wednesday
The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut
December 08, 2025
Bank of Japan Governor Kazuo Ueda said on Thursday there was uncertainty on how far the central bank could raise interest rates due to the difficulty of
December 04, 2025
By Michael S.
December 03, 2025
The U.S.
December 01, 2025
Bank of England policymaker Megan Greene said on Monday she would need to see more signs of weakening in
December 01, 2025
New Zealand's new central bank governor said on Tuesday the bank's top priority would remain keeping inflation low and stable while
December 01, 2025
Banks should increase their lending to boost the economy following a reduction in the amount of capital they need to set aside, the Bank of England Governor Andrew Bailey
December 02, 2025
U.S. stocks closed higher to record their sixth gain in seven sessions in muted trading on Tuesday, buoyed by gains in technology shares as
December 02, 2025
President Donald Trump said on Tuesday he would be announcing his choice to succeed Jerome Powell as head of the
December 02, 2025
It is too early for the European Central Bank to discuss another interest rate cut as inflation in the euro zone might still turn out higher than expected, ECB policymaker Martins
November 27, 2025
European Central Bank policymakers were in no hurry to cut rates when they met last month as uncertainty remained high and some even thought that no more easing would be needed,
November 27, 2025
Turkey's central bank will adjust policy to hit its targets despite a recent slowdown in the disinflation process, Governor Fatih Karahan said on Wednesday.
November 26, 2025
The European Central Bank must not try to micromanage monetary policy and should only cut interest rates again if price growth is heading below target without rebounding,
November 26, 2025
The Bank of Japan is preparing markets for a possible interest rate hike as soon as next month, sources say, reviving previous hawkish language as worries about sharp
November 26, 2025
New Zealand's central bank cut its benchmark official cash rate by 25 basis points to 2.25% on Wednesday, its lowest level since mid-2022, as policymakers extended
November 26, 2025
U.S. Treasury Secretary Scott Bessent said on Tuesday the Federal Reserve's system of managing interest rates is struggling and needs to be simplified.
November 25, 2025
Federal Reserve Governor Stephen Miran said in a television interview on Tuesday that a deteriorating job market was happening because of where the central bank has set it short-term
November 25, 2025
The U.S. dollar slid on Tuesday as a series of mixed economic data, some of which was delayed and therefore dated, reinforced expectations that the
November 25, 2025
European Central Bank policy is in a "good place" the Dutch and Irish central bank governors said on Tuesday, repeating the bank's long-standing mantra that has kept expectations for
November 25, 2025
Bank of Israel Governor Amir Yaron said on Monday that economic conditions became appropriate for the first interest rate reduction in nearly two years but the pace of cuts is
November 24, 2025
By Michael S.
November 22, 2025
The Bank of Japan is "nearing" a decision to raise interest rates and will not wait until after next year's spring wage negotiations end, its board member Kazuyuki
November 21, 2025
Federal Reserve Governor Stephen Miran on Friday said he would vote for a quarter-percentage-point interest rate cut at the December meeting if his vote meant the difference in securing a
November 21, 2025
By Michael S.
November 21, 2025
Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by
November 20, 2025
The Bank of Japan must keep raising real interest rates to "a state of equilibrium," board member Junko Koeda said on Thursday in the wake of renewed yen
November 20, 2025
The Bank of Japan will raise interest rates at its upcoming December meeting, according to a slim majority of economists in a Reuters poll, pushing through with
November 20, 2025
By Michael S.
November 19, 2025
A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday
November 19, 2025
The dollar strengthened against the yen on Wednesday and the Japanese currency fell to a 10-month low, while Finance Minister Satsuki Katayama declared that
November 19, 2025
Bank of Japan Governor Kazuo Ueda and key economic ministers in the country's new government have agreed to watch market developments with a "
November 19, 2025
A divided U.S.
November 18, 2025
Australia's central bank said on Tuesday that it could keep holding the cash rate at the current level if incoming data surprises on the strong side, but there are also
November 18, 2025
Bank of Japan Governor Kazuo Ueda told the nation's top economic panel last week that keeping monetary policy too loose for too long could pose risks to achieving the BOJ's inflation
November 17, 2025
New York Federal Reserve President John Williams met with Wall Street banks this week to discuss a key short-term lending facility, a New York Fed spokesperson told Reuters.
November 15, 2025
As U.S. agencies on Friday began announcing plans for releasing economic data delayed by the government shutdown, a trio of U.S. central bankers reiterated their concerns
November 14, 2025
Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a
November 13, 2025
By Michael S.
November 13, 2025
The historically routine process of reappointing the Federal Reserve's 12 regional bank presidents is being watched for signs of becoming the
November 13, 2025
By Michael S.
November 12, 2025
Federal Reserve Governor Stephen Miran on Wednesday repeated his view that data showing inflation running above 2% is backward-looking and should not be taken at face value, and again
November 12, 2025
Atlanta Federal Reserve President Raphael Bostic, the first Black and openly gay person to lead one of the U.S. central bank's 12 regional
November 12, 2025
Ahead of the Bank of Canada's rates decision on October 29, Governing Council decided to look
November 12, 2025
The U.S.
November 12, 2025
A top Australian central banker said on Wednesday that there was increasing debate about whether the current cash rate of 3.6% is restrictive enough to keep inflation
November 12, 2025
Stablecoin issuers could become major buyers of Japanese government bonds in several years and influence the central bank's control over monetary policy, the head of
November 12, 2025
Brazil's central bank said on Tuesday that recent economic developments evolving as expected have reinforced its view that the current 15% benchmark rate is adequate to bring
November 11, 2025
The Bank of England said on Tuesday that wider benefits from its past government bond purchases mostly offset the large losses accruing on its quantitative
November 11, 2025
UK defense secretary quits, says government isn't willing to spend enough on military
Scotland World Cup fans arrive in Boston, say they ran out of beer on flight: "I'm going to find Cheers"
Pricey World Cup keeps fans away, hits U.S. hotels, airlines