AUD/USD

Over the past several years, Wall Street and Washington, D.C., have grown used to being able to reliably predict what the Federal Reserve would do at its interest-rate meeting, weeks before the gathering took place. But now we're in a new era. Instead of guiding the market toward the likely outcome of the upcoming meeting, the new Fed chair, Kevin Warsh, ...

Industrial production continued to grow at a slower pace in June, posting a modest 0.1% gain. Looking at the details, the largest positive contributions came from mining and utilities, which both rose 0.4%. Gains in mining output were driven by both oil and gas extraction and drilling activity, which more than offset a decline in other mineral extraction. ...

This is an unusual time for markets, with a reasonable debate for both sides on whether the next move by central banks will be to hike or cut interest rates. Certainly, markets are leaning to at least one hike by the Fed and perhaps half of one by the Bank of Canada by the end of 2026, but there’s not much conviction. All it would take to wash away those ...

Senator Elizabeth Warren has asked President Donald Trump to voluntarily release additional financial information on his crypto-related earnings before the Senate moves further on digital asset market structure legislation. In a Thursday letter, Warren requested a financial disclosure report covering Trump’s cryptocurrency earnings between Jan. 1 and July ...

Markets are pricing in at least one more interest-rate increase from the U.S. Federal Reserve this year following hotter inflation data and a more hawkish tone from policymakers. Consumer prices rose 3.5% in the year through June, less than markets expected and a slowdown from 4.2% in May, which was the highest annual increase in three years. Meanwhile, new ...

Rep. Bryan Steil, R-Wis., joins ‘Mornings with Maria’ to discuss the SAVE America Act, a proposed congressional insider trading ban, and the latest push for crypto market reform under the CLARITY Act. #foxbusiness #morningswithmaria

Fed's Hammack: Inflation is too high. The labor market is right around my level of maximum employment. Fed's Hammack: Our PCE nowcast shows core inflation at 3.3% after incorporating this weeks data. Fed's Hammack: Im hearing from conversations with business and community leaders that inflation isnt coming from only one sourceits broad-based. Fed's Hammack: At the same time, Im seeing good growth numbers and stable consumer spending. Fed's Hammack: There is no conflict in our mandate - LinkedIn Post

Industrial production in the United States was up by 0.1% in June compared to the month before, according to a report by the Federal Reserve's Board of Governors issued on Friday. Year-over-year, industrial output grew by 1.1% in the reported month. Manufacturing was unchanged compared to May, but rose by 1.1% on an annual basis. The production of utilities ...

FIFA allegedly gave regular fans the idea they had a chance to sit by the pitch when they shelled out for premium World Cup tickets — but soccer’s global governing body secretly locked them out of the running, instead allocating all the best seats to corporate bigwigs and VIPs, according to a bombshell lawsuit reviewed by The Post. The suit, filed as a ...

The U.S. Census Bureau and the U.S. Department of Housing and Urban Development jointly announced the following new residential construction statistics for June 2026: Privately-owned housing units authorized by building permits in June were at a seasonally adjusted annual rate of 1,367,000. This is 3.0 percent below the revised May rate of 1,410,000 and is ...