Treasurer Jim Chalmers has admitted he has no idea how his own departmental boss voted in the Reserve Bank's Tuesday board meeting that decided to deprive struggling Aussie borrowers of relief.

BENGALURU] Gold edged higher on Wednesday (Jul 9) as US President Donald Trump’s latest tariff threats dampened hopes for ...

Gold held a decline after President Donald Trump said the new August deadline for the start of so-called “reciprocal” tariffs ...

Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies from the ...

Speaking at a Cabinet meeting, Trump strongly criticised Powell, calling him unfit for the role. He said that if Powell gave ...

White House economic adviser Kevin Hassett is emerging as a serious contender to be the next chair of the US Federal Reserve, ...

China’s Consumer Price Index (CPI) rose at an annual pace of 0.1% in June after declining 0.1% in May, the National Bureau of Statistics of China reported on Wednesday. The market consensus was for 0% ...

NEW YORK] First, it was Warren Buffett. Now, another key Bank of America (BOA) investor that stood by it since the worst days of the 2008 financial crisis is chopping down its stake. Read more at The ...

WASHINGTON (AP) — The Federal Reserve on Wednesday cut its benchmark interest rate by an unusually large half-point, a dramatic shift after more than two years of high rates helped tame ...

Don’t call it a “pause.” When the Federal Reserve meets next week, it is widely expected to leave interest rates alone — after 10 straight meetings in which it has jacked up its key rate to fight ...

Why the Federal Reserve is pressing pause - for now - on interest rate hikes, and what might be in store for the economy next. DON GONYEA, HOST: A streak that lasted 15 months is over.