Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation.

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...

Britain's FTSE 100 closed at a record high for the third straight day on Thursday with healthcare stocks leading the gains, ...

Then again, if I had told you a year ago that Trump, if elected, would demand that the international body of water that has ...

Nvidia has grown, swelling to a $4 trillion valuation last month, so has its weighting in the S&P 500. It now makes up almost ...

US Stock Market Today slipped into caution on Thursday as the Dow Jones fell 230 points, the S&P 500 marked its fifth straight loss, and the Nasdaq ended slightly weaker. The days biggest shock came ...

Australia’s inflation story continues to ease, though the pace is hardly dramatic. Q2 Consumer Price Index (CPI) came in at 0.7% QoQ and 2.1% YoY, while June’s Monthly CPI Indicator edged down to 1.9% ...

July’s weak jobs report could be grounds for a big rate cut come September.

The dollar gained on Thursday before a highly anticipated speech by Federal Reserve Chair Jerome Powell on Friday will be evaluated for any new clues on whether the U.S. central bank is likely to cut ...

Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest ...

U.S. stocks are falling again, this time after the country’s largest retailer reported profits that came up short of Wall ...

This year’s summit carries additional weight: it will be Powell’s last appearance at Jackson Hole as Fed chair before his ...