U.S. Markets News

The U.S. dollar hovered near its lowest levels of the year on Wednesday as traders hung on to bets that the Federal Reserve would remain steadfast in its easy policy settings ahead of data expected to show a sharp rise in annual U.S. inflation. Analysts forecast figures due at 1230 GMT to show a 3.6% lift in year-on-year prices, boosted by last April's low base. The month-on-month

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Gold prices fell on Wednesday, as a rise in U.S. Treasury yields and a firmer dollar dented the metal's safe-haven appeal, while investors awaited U.S. consumer price index data due later in the day. FUNDAMENTALS * Spot gold was down 0.2% at $1,832.73 per ounce by 0109 GMT. * U.S. gold futures eased 0.1% to $1,834.30. * The dollar index was up 0.1%, making gold more expensive for other currency holders. * The U.S. cu

Asian shares languished near one-month lows on Wednesday as investors speculated surging commodity prices and growing inflationary pressure in the United States could lead to earlier rate hikes and higher bond yields globally.

The governors of Missouri and Tennessee are joining five other Republican-led states in ending all federally funded pandemic-related unemployment benefits this summer, saying the extra money is keeping those out of work from rejoining the labor force and making it hard for employers to fill jobs.

The U.S. Senate voted on Tuesday to repeal a regulation introduced during former President Donald Trump's administration that Democrats say allows predatory lenders to skirt state consumer protections.

The U.S. Senate voted on Tuesday to repeal a regulation introduced during former President Donald Trump's administration that Democrats say allows predatory lenders to skirt state consumer protections.

Australia promised big spending in a deficit-laden budget on Tuesday as the conservative leadership sought to sustain a recovery from a coronavirus-induced recession and win backing from women and older voters with an eye on the next election.

Deutsche Bank has appointed M&A veteran Richard Robinson as a managing director and vice chairman of its global Industrials group, the German lender said on Tuesday.