Breaking News: Markets

Ray Dalio says the Fed faces a tough balancing act as the economy faces ‘enormous amount of debt’

Ray Dalio, Bridgewater Associates co-chairman and co-chief investment officer, speaks during the Skybridge Capital SALT New York 2021 conference.Brendan McDermid…

2 hours ago

Asia-Pacific markets open higher as investors digest outsized Fed rate cut

The Bank of Japan headquarters is seen in Tokyo on January 30, 2017. The Bank of Japan will pull the plug…

4 hours ago

The Fed forecasts lowering rates by another half point before the year is out

U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…

9 hours ago

Here’s what changed in the new Fed statement

This is a comparison of Wednesday's Federal Open Market Committee statement with the one issued after the Fed's previous policymaking meeting in July.Text removed…

9 hours ago

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…

10 hours ago

JPMorgan creates new role overseeing junior bankers as Wall Street wrestles with workload concerns

JPMorgan Chase CEO and Chairman Jamie Dimon gestures as he speaks during the U.S. Senate Banking, Housing and Urban Affairs…

11 hours ago

Asia-Pacific markets trade mixed as investors await Federal Reserve’s rate decision

Vehicles bound for shipment parked in front of the Dream Angel vehicles carrier ship at the Nagoya Port in Nagoya,…

23 hours ago

Ray Dalio names the top five forces shaping the global economy

Ray Dalio, founder of Bridgewater Associates LP, speaks during an interview on the sidelines of the Milken Institute Asia Summit…

1 day ago

Asia-Pacific markets set for higher open following a mixed trading session on Wall Street

Containers are loaded on the premises of the port operator PSA, the Port of Singapore Authority (PSA), at the Port…

2 days ago

Aussie stocks open higher as investors digest China economic data, await Fed rate verdict

Joggers in Shanghai, China, on April 10, 2021.Qilai Shen | Bloomberg | Getty ImagesAsian markets were set to open mixed…

3 days ago