U.S. Markets
LATEST NEWS FROM U.S. MARKETS
U.S. Markets
Citadel hires veteran US trader Barnea to bolster fuel trade, sources say
Citadel has hired veteran U.S. oil and fuel trader Shai Barnea as a portfolio manager for its refined products trading business as the U.S. hedge fund looks to push deeper into com...
U.S. Markets
Fed's Musalem estimates ‘50-50’ chances on tariffs triggering prolonged US inflation, FT reports
St. Louis Federal Reserve President Alberto Musalem has put the likelihood of Donald Trump's trade war causing a prolonged surge in inflation at "50-50," warning that U.S. policyma...
U.S. Markets
Fed's Daly says inflation her main focus right now
U.S. Federal Reserve policymakers could still cut interest rates twice this year as they projected in March, San Francisco Fed President Mary Daly said on Thursday, but for now rat...
U.S. Markets
US business equipment borrowings decline in April, ELFA says
U.S. companies borrowed 4.4% less to finance equipment investments in April compared with the same period from the year earlier, the Equipment Leasing and Finance Association (ELFA...
U.S. Markets
LSEG drops plan to add Cboe data to WMR FX benchmarks
The London Stock Exchange Group's FTSE Russell unit has dropped plans to add Chicago Board Options Exchange owner Cboe to the group of currency data providers used to calculate its...
U.S. Markets
Moody's downgrades JPM, BofA and Wells Fargo after US credit rating cut
Moody's on Monday downgraded the long-term ratings of top American lenders such as JPMorgan Chase , Bank of America and Wells Fargo , after pushing the U.S. out of top triple-A rat...
U.S. Markets
Foreign holdings of US Treasuries top $9 trillion in March, data shows
Foreign holdings of U.S. Treasuries soared to a record high in March, data from the Treasury Department showed on Friday, rising for a third straight month, as demand for U.S. gove...
U.S. Markets
Moody's pushes U.S. out of elite 'AAA' club citing rising debt
Moody's on Friday downgraded its credit rating of the United States by a notch to "Aa1" from "Aaa", citing rising debt and interest "that are significantly higher than similarly ra...
U.S. Markets
Japan finmin to focus on forex consensus in dialogue with Bessent
Japanese Finance Minister Katsunobu Kato said on Friday that he would seek to discuss foreign exchange issues with U.S. Treasury Secretary Scott Bessent on the understanding that e...
U.S. Markets
Ontario expects budget deficit to more than double in face of US tariffs
Ontario, Canada's most populous province and manufacturing powerhouse, on Thursday forecast its widest budget deficit since the height of the pandemic, more than doubling in size, ...
U.S. Markets
Morning Bid: Another won bites the dust
A look at the day ahead in U.S. and global markets by EMEA markets breaking news editor Amanda Cooper.
U.S. Markets
US cattle producers have started rebuilding herds, or will soon, Tyson Foods CEO says
U.S. cattle producers have started rebuilding the nation's herd or are close to doing so, Tyson Foods CEO Donnie King said on Wednesday, after supplies dwindled to a 74-year low.
U.S. Markets
'Magnificent 7' ride back into town
What matters in U.S. and global markets today by Amanda Cooper.
U.S. Markets
Carrier to invest $1 billion to boost US production
Carrier Global on Tuesday announced plans to invest $1 billion over five years in the United States, in response to President Donald Trump's policies encouraging domestic productio...
U.S. Markets
Goldman Sachs cuts US recession odds to 35% from 45% on trade truce optimism
Goldman Sachs cut its recession forecast for the U.S. to 35% from 45%, the first major brokerage to do so, after a temporary tariff truce with China boosted hopes of some easing in...
U.S. Markets