Search result for Federal
Ex-president Trump documents case and pleads not guilty to additional offences.
Donald Trump pled not guilty to additional charges filed against him last week in a federal case accusing the former president of mishandling classified government documents after he left office.
Trump entered his plea on Friday, according to a judicial filing. In addition, he relinquis...
Asian stocks rise following a Federal Reserve rate hike
After the Federal Reserve raised interest rates to their greatest level in more than two decades, as anticipated by Wall Street, Asian stocks were mostly higher on Thursday.
The focus of the market shifted to a decision by the European Central Bank later in the day and to whether Japan&...
Twitter wants to remove American regulation of data use
Twitter is asking a federal court to overturn an FTC ruling that restricts its data security procedures.
Since Twitter complied with a 2011 consent order alleging major data security breaches, the FTC has been keeping a close eye on the business. But after Elon Musk took control of the ...
After the Federal Reserve signaled a prospective pause in rate hikes, mortgage demand surged.
After the chairman of the Federal Reserve suggested an end to an unprecedented string of interest rate increases, mortgage rates declined slightly last week. The decline was not substantial, but it was sufficient to increase demand among current homeowners seeking to refinance their mortgages at ...
Fed hikes rates, leaves the option of a tightening cycle halt
With what could be the last in a record run of interest rate hikes and a heightened focus on credit and other economic vulnerabilities, the Federal Reserve entered a new phase in its management of the post-pandemic economic recovery on Wednesday. As expected by the financial markets, the Federal ...
Ahead of the Fed's important rate decision, Japan's stock market rises about 2%, pacing Asia's advance.
As investors awaited the latest information on the U.S. Federal Reserve's rate hike decision, Asia-Pacific markets climbed on Wednesday. The Fed is attempting to balance its inflation fight and stem a banking crisis.
The Nikkei 225 in Japan led regional advances, rising 1.93 percent...
The Fed's aggressive approach has put Korea under duress.
The Korean won has dropped against the dollar after Powell's comments signaled the likelihood of future rate hikes. Signals of future rate hikes from the US Federal Reserve have weighed on the Korean economy, raising concerns about a widening gap between the key rates of the two nations, whic...
Strong U.S. employment statistics suggests the Federal Reserve will continue to tighten monetary policy, boosting the dollar.
On Thursday, the dollar gained ground as data showed rising labor costs and unemployment claims indicated the U.S. job market was still strong, both of which suggest the Federal Reserve needs to continue increasing interest rates to tame inflation.
As the market anticipates the Fed will...
Consumers are more upbeat about the here and now, but they expect inflation to rise in the near future.
The Federal Reserve's efforts to stem the rise in prices were given a complication boost on Friday by a crucial report from the University of Michigan that found consumer sentiment had improved in February but inflation expectations had increased.
Preliminary data for February show ...
Trump Attacks Carroll Again Over Her Defamation Claims
Trump on Thursday asked a federal judge to dismiss a case involving author E. Defamation charges filed by Jean Carroll in the second of two lawsuits she has filed against the former U.S. president, whom she accuses of sexually assaulting her in the mid-1990s.
Trump claimed in a federal ...
After Powell's remarks, European stocks hit a nine-month high, as the dollar wobbles.
On Wednesday, global stocks soared and most currencies rallied against the dollar as investors perceived a dovish tone in comments from Federal Reserve Chair Jerome Powell, albeit an ECB policy change meant European bonds sat out the rally. MSCI's world stock index increased 0.3%, returning t...
Germany's exports and imports will rise in 2022 as a result of the energy crisis and high inflation.
According to preliminary estimates issued by the Federal Statistical Office, Germany's imports and exports both climbed year on year in 2022, despite the energy crisis and high inflation (Destatis). According to Destatis, Europe's largest economy's exports increased 14.3% year on year...
The Fed has approved the smallest rate raise since March, in response to an improved inflation outlook.
The Federal Reserve unanimously authorized a quarter-point interest rate hike on Wednesday, reducing the pace of its increases in a clear hint that the central bank is making progress in its war against inflation. The decision, made at the conclusion of the Federal Open Market Committee's fir...
Oil prices are unchanged as the market awaits decisions from the Federal Reserve and OPEC.
Oil prices remained relatively unchanged as the market anticipates a meeting of OPEC and its allies, a Federal Reserve rate decision, and U.S. government data on oil and fuel stockpiles on Wednesday. Brent crude futures fell 11 cents, or 0.1%, to $85.35 a barrel at 0949 GMT. West Texas Intermedia...
Plan for the Federal Budget: Advice for Option Traders
Both the Sensex and the Nifty have dropped by about 3 percent so far this month, and investors are waiting for the important Budget day, which will determine the near-term direction of markets. Futures and options traders, though, will be seeking methods to survive the day's uncertainty. Risi...
HarperCollins and the striking workers have agreed to federal mediation.
The union representing about 250 striking HarperCollins Publishers employees and the company have agreed to join federal mediation, marking the first sign of a possible resolution since the work stoppage began in early November. "We are happy to have this opportunity to continue bargaining w...
A federal appeals court is investigating whether Trump sought preferential treatment for Mar-a-Lago records
Federal appeals judges questioned the former president's attorneys Tuesday about whether he deserves preferential treatment in the seizure of 11,000 papers at his Mar-a-Lago residence.
Trump's attorneys had secured consent of a special master to evaluate the documents and potent...
The Bank of Japan continues its easing program despite the strengthening yen.
Even as the yen has been under pressure from the U.S. Federal Reserve's aggressive tightening and other central banks, the Bank of Japan maintained its ultra-loose monetary policies on Friday.
The yen's collapse to 32-year lows against the dollar as a result of the disparity in ...
Why is the Bank of Japan taking this stance on interest rates?
The Bank of Japan has maintained its position despite interest rate increases by the Federal Reserve and other central banks across the world in an effort to reduce inflation.
Japan's benchmark interest rate has been negative 0.1% since 2016. The third-largest economy in the world h...
As far as we can tell, David DePape is facing federal charges for his role in the attack on Paul Pelosi.
While Paul Pelosi, husband of House Speaker Nancy Pelosi, continues to heal from his injuries following surgery, federal prosecutors have filed charges against David DePape, the man they say physically attacked Paul Pelosi.
Since his arrest early on Friday following the attack on Pelosi...