Why not use the looming fiscal crisis of the states to tackle the buck-passing by seriously reforming which tier of government is responsible for spending?

AUD/USD extends its consolidative price move and remains below the 0.6300 mark on Friday amid mixed cues. Bets that the RBA ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...

Federal Reserve Chair Jerome Powell may be breathing easier now that the Trump administration intends to focus on the 10-year Treasury yield, instead of rate cuts, to lower borrowing costs. The news ...

Trump’s arrival has added to pre-existing worries. Despite an International Monetary Fund official declaring in October that ...

The dollar edged up on Thursday, but stayed close to recent lows, as traders weighed receding trade war risks and looked ...

The yen climbed to an eight-week top versus the U.S. dollar on Thursday after a Bank of Japan policy board member advocated ...

Bank of Japans Tamura Naoki, Member of the Policy Board said he believes that, by the second half of fiscal 2025 -- when wage hikes resulting from annual wage negotiations, including among small and ...

Asian markets climb as US bond yields dip, boosting risk appetite. Hang Seng, Nikkei, and ASX 200 rally amid easing trade tensions.

Asia shares rose on Thursday, tracking gains on Wall Street following a see-saw session, while US Treasury yields came under pressure after mixed economic data.

According to the LSEG data, a quarter-point Fed cut is fully priced for July, with markets expecting 46.3 percentage points of cuts by the December meeting. Meanwhile, markets have priced in around 94 ...