The MSCI Emerging Markets Currency Index has fallen 3.1% since end-September and is heading for its biggest quarterly drop in ...
US President-elect Donald Trump is announcing his picks for key positions in his administration. Trump appoints Scott Bessent to lead the Treasury, Howard Lutnick as Commerce Secretary, and Kevin ...
A weaker dollar makes oil cheaper for holders of other currencies, while rate cuts could boost oil demand. Inflation slowed ...
Asian shares rallied on Monday after a benign reading on U.S. inflation restored some hope for further policy easing next ...
In the current economic environment, many retailers are struggling. While unemployment remains low and growth in gross ...
"In essence, this money has been stolen from all of us for all these years," said an 84-year-old woman whose late husband's ...
Lower-income Americans still struggling after years of high inflation and elevated interest rates could face a new battle if ...
On Thursday, banks were forced to pay a staggering Tk127.70 per dollar for remittances. In the last week of November, remittance dollars were bought at Tk122.20-122.50, meaning the dollar price rose ...
Financial markets – which are dominated by US equities (over 65% of world market cap), are starting 2025 from a vertiginous place.
Under Trump’s first term, inflation averaged 1.9% a year. Under the Biden/Harris administration, it has been a different tale ...
"Dollars, selling dollars!" a money changer shouts to people streaming past in Buenos Aires' financial district.