Gold is already up over 0.50% in the European trading session on Thursday. Markets read the Fed rate decision as hawkish ahead of the. Gold's price could still reach a new all-time high and come as ...

Mirroring the trend, Lazard also reported a 6% rise in financial advisory revenue on an adjusted basis in the last three months of 2024 to $508 million over the previous year.

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

Q4 was particularly volatile in fixed income markets, with U.S. government bond yields surging on worries over the rising ...

The 119th United States Congress is the current meeting of the legislative branch of the United States federal government, composed of the Senate and the House of Representatives. New members were ...

Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...

Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.

(Reuters) - Ameriprise Financial reported a 24% rise in fourth-quarter profit on Wednesday, driven by a higher fee income as ...

Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...

Part of Powell’s reticence on the Fed’s path forward stems from the high degree of policy uncertainty. Most importantly, ...