The Federal Reserve will hold interest rates steady at its meeting next week, extending the pause that began after the last rate hike in July. The central bankers are giving off signals that they’d like to remain on the sidelines for some time, but will continue to keep alive the…

(Reuters) – Brazil’s central bank said on Friday it would hold auctions starting on Monday to roll over $15.5 billion in traditional currency swaps maturing on Jan. 2. The central bank said in a statement that daily traditional swap auctions would be held as long as necessary for the expiring…

Sam Bankman-Fried, the co-founder of failed cryptocurrency exchange FTX, testified Friday that many mistakes were made that led to the collapse of the business and the disappearance of $8 billion in customer money, but he denied that any fraud occurred. Taking the stand in his own defense in his criminal…

By Lawrence Delevingne (Reuters) -Global shares struggled on Friday despite a lift from technology giants, while benchmark Treasury yields and the dollar saw little change as data confirmed U.S. inflation remained high, but in line with forecasts. Underlying inflation picked up last month, largely driven by housing costs, a U.S.…

By David Randall NEW YORK (Reuters) – Financial markets are bracing for what could be a momentous week, with a Federal Reserve meeting, U.S. employment data and earnings from technology heavyweight Apple Inc (NASDAQ:) possibly setting the course for stocks and bonds the rest of the year. October has lived…

U.S. stocks capped off a volatile week with more losses on Friday and only the Nasdaq finishing in the green as the S&P 500 index joined the tech-heavy gauge in correction territory. What happened The S&P 500 SPX was down 19.86 points, or 0.5%, to 4,117.37. The Nasdaq Composite COMP…

BANGKOK (Reuters) -Thailand’s current policy rate is appropriate for the economy, but the central bank is ready to make “adjustments” if needed, the bank’s governor said as he warned of increased global risks and concerns over the Middle East conflict. Sethaput Suthiwartnarueput told reporters on Saturday that Southeast Asia’s second’s…

Treasury yields ended little changed to slightly lower on Friday as investors assessed September PCE inflation data that offered a bit of both good and bad news. Two-, 10- and 30-year yields finished with weekly declines for the second time in the past three weeks. What happened The yield on…

BEIJING (Reuters) -China’s aviation regulator said it will increase domestic flights to 34% above pre-pandemic levels, a move that will further boost the recovery of Chinese airlines. China’s top airlines reported their first quarterly profitsin more than three years on Friday, fanning industry hopes for China’s big three state carriers…

Lawmakers from both parties on Thursday criticized the recent U.S. stance toward Iran, arguing that both Democratic and Republican administrations had underestimated the country’s commitment to funding Hamas and other groups intent on the destruction of the state of Israel. “This was an area we all missed…we knew this money…