The U.S. economy expanded much faster than expected in the fourth quarter of 2023...
US Congress Passes Temporary Funding Bill to Avoid Shutdown
On Thursday, the US House of Representatives approved the temporary funding bill to fund...
Oil Prices Top $80 after Houthis Vow Retaliation on US and UK for Strikes in Yemen
Crude oil prices edged higher as Houthis vowed to retaliate after the U.S. and...
US Higher-Than-Expected Jobs Addition in December Diminishes Hope for Rate Cut in March
Jobs report released on Friday showed employers added 216,000 jobs in December, much higher...
Wall Street’s Short Sellers Lose $195 Billion in 2023 amid Market Rally
Market rally in 2023 had cost short sellers nearly $195 billion, while betting against...
Path to Fed’s Rate Cuts Shift to Less Dovish after Unfavourable Economic Data
Interest rate futures are beginning to shift back in the less dovish direction, following...