News updates from December 13: Fed signals rate cuts in 2024, BP former CEO to forfeit up to £32.4mn after ‘serious misconduct’

[ad_1] Fed: US Federal Reserve officials are expected to hold interest rates steady at a 22-year high of 5.25 to 5.5 per cent when they announce their latest monetary policy…

The banking crisis will tilt US into recession, say Fed economists | CNN Business

[ad_1] Washington, DC CNN  —  The fallout from the recent banking crisis is likely to push the US economy into a mild recession later this year, according to notes from…

Fed Posts Largest-Ever Annual Operating Loss

[ad_1] The Federal Reserve ran an operating loss of $114.3 billion last year, its largest ever, a consequence of its campaign to aggressively support the economy in 2020 and 2021,…

$100 Billion Bitcoin And Crypto ETF Price Crash Suddenly Accelerates After Serious Fed Warning—Hitting Ethereum, XRP And Solana

[ad_1] BitcoinBTC and cryptocurrencies—including top ten coins ethereum, XRPXRP and solana—have fallen sharply despite a huge $10 trillion bitcoin price bet. Subscribe now to Forbes’ CryptoAsset & Blockchain Advisor and…

Stock market news today: Stocks rally, tech surges after Fed leaves rates unchanged

[ad_1] US stocks popped on Wednesday as the Federal Reserve voted to hold interest rates at their highest range in 22 years at the conclusion of its latest policy meeting…

The Fed Launched a Bank Rescue Program Last Year. Now, Banks Are Gaming It.

[ad_1] An emergency lending program the Federal Reserve created during the 2023 banking crisis has turned into easy money. Borrowing from the Fed’s bank term funding program has increased to…

Stock market news today: Dow surges to record, stocks soar after Fed previews rate cuts

[ad_1] The inflation picture keeps improving. New data from the Bureau of Labor Statistics out Wednesday showed Producer Prices increased less than economists had projected in the month of November.…

Analysis: ECB Is Likely To Cut Rates Before Fed, BNP Paribas AM Says

[ad_1] The European Central Bank is likely to cut interest rates in the spring, before the Federal Reserve does, as the eurozone economy is weaker than that of the U.S.,…

Bursa Malaysia closes at intra-day high, tracking regional peers

[ad_1] KUALA LUMPUR: Bursa Malaysia closed on a positive note on Thursday, hitting an intraday high after taking signals from key regional indices, which were generally in the green following…

Stocks end lower amid China headwinds, Fed minutes: Stock market news today

[ad_1] Stocks ended Wednesday’s session lower as traders returning from the Independence Day break eyed headwinds for the global economy and combed through the release of the Federal Reserve’s minutes…