News

A House Committee alleges the PBGC allowed over $127 million to flow to deceased pension-plan participants; the PBGC asserts funds were not "improperly" paid.

Though the how, why, and when remain murky, bond traders expect currently inverted Treasury yield curves to soon normalize.

Last week's 187,000 initial applications for unemployment benefits reflect the lowest level for that metric since September 2022.

So far in January, investors have bid about €1.04 trillion (US$1.13 trillion).

A new research paper from the Atlanta Fed stresses that too much concern over the "last mile" of the fight could result in a policy error.

While inflation is mostly retreating around the world, soaring shipping costs and a jump in oil prices are stoking worries about a revival of cost pressures.

Ocean freight rates for goods from Asia to Europe have more than doubled over the past four weeks.

The Federal Reserve is facing a bumpy path to tame inflation, which risks staying elevated in coming months should the prices of goods, such as clothing and cars, continue to climb.