Thursday, May 21, 2026
Today's Print

Tag: Jerome Powell

Oil mixed as Fed chief warns about virus recovery

Oil prices were mixed Thursday as traders weighed downbeat comments from the US Federal Reserve head about the coronavirus pandemic against a surprise drop in...

Grim and getting worse: US set for historic unemployment surge

  Like a global tsunami, the coronavirus pandemic has caused a huge loss of life and taken a massive economic toll.  In the US economy, skyrocketing...

US Fed rate cut to fight off virus hit on economies

The US Federal Reserve on Tuesday led the global charge in response to the growing economic risk posed by the new coronavirus, announcing an emergency...

When a President attacks a central bank head

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Asian stocks, yuan sink as trade feud escalates

By Danny McCord Hong Kong—Asian equity markets tanked and the yuan hit an 11-year low Monday after US President Donald Trump ramped up his trade...

Stocks end flat; PLDT advances

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Asian stocks dip before Powell speech

Hong Kong, China—Equities stuttered in Asia on Wednesday as investors took a step back after recent gains, with a focus now turning to a...

Stocks rise slightly; BDO, URC up

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Global stocks mixed ahead of Fed decision

New York"•Global stocks were mixed Tuesday ahead of a Federal Reserve decision on monetary policy and while investors digested varied economic data from the...

Trump attacks US Fed again over rate hikes

Washington—US President Donald Trump on Tuesday renewed his attack on the US Federal Reserve’s monetary policy, blaming the central bank’s interest rate hikes for...

Asian stock markets mixed on Mnuchin’s Fed comment

Hong Kong"•Asian stocks were mixed Monday after a weekend call by Treasury Secretary Steven Mnuchin to top US banking executives aimed at stemming the...

Student loan debt a huge burden to many Americans

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Peso falls to new 13-year low of 54.32 per dollar

The peso closed at a new 13-year low against the US dollar Thursday after the Federal Reserve indicated more rate hikes are coming, a...

Asian markets up sharply after Wall Street rally

Hong Kong, China"•Asian markets rallied Monday following a record lead from Wall Street, while the dollar recovered some ground but remained under pressure after...
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