Citigroup expects the U.S. Federal Reserve (the central bank of the United States) to raise its key …
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U.S. Federal Reserve
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International NewsNews
Goldman Sachs expects gradual cut in Fed interest by mid-2024
by Nada Aliby Nada AliGoldman Sachs economists said on Sunday it expected the U.S. Federal Reserve to start cutting interest rates …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Russia to reduce oil supply in August by 500K barrels per day
by Nada Aliby Nada AliRussia will reduce its oil exports by 500 thousand barrels per day (bpd) in August as a …
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International NewsNews
Oil prices retreat amid concerns about dollar price
by Norhan Adelby Norhan AdelOil prices have decreased Monday amid anticipations about the Federal Reserve’s upcoming meeting and decisions.
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International NewsNewsTech newsTech/AI
Microsoft to pay over $3mln fines for violating US sanctions against Russia
by Nada Aliby Nada AliMicrosoft Corporation has agreed to pay over $3 million to settle a potential civil liability, for being …
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BanksInternational News
U.S. weighs new fund as backup if more banks fail
by Sama Mousaby Sama MousaThe U.S. Federal Reserve and the Federal Deposit Insurance Corp are considering creating a fund to allow …
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Canada’s inflation shows a decline by 5.9 percent in January, according to data released on Tuesday, allowing …
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FeatureInternational NewsMoneyNews
Oil prices falls amid U.S. Fed interest rate hike concerns
by Sama Mousaby Sama MousaOil prices fell for third trading session on Wednesday dependent on the U.S. Federal Reserve’s prediction that …
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Financial InstitutionsInternational NewsMoneyNews
IMF chief: one third of world economy seen recession in 2023
by Yomna Yasserby Yomna Yasser2023 is going to be tougher on the global economy, International Monetary Fund’s (IMF) chief Kristalina Georgieva …
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BanksFeatureInternational NewsMoneyNews
U.S. Fed raises rates for the seventh time in a row
by Yomna Yasserby Yomna YasserThe U.S. Federal Reserve has on Wednesday increased its interest rates for the seventh time in a …