U.S. stock index futures edged lower on Monday as technology shares pulled back after reaching record highs in the previous session. Dow futures fell 0.2%, S&P 500 futures declined 0.18%, and Nasdaq 100 futures slipped 0.25%. Chip stocks were among the main drags, with Intel falling more than 4% and Micron Technology down 0.3%, while […]
The euro slipped to a 17-month low on Monday as investors grew increasingly concerned about France’s worsening fiscal position and political uncertainty ahead of next year’s presidential election. The currency fell as much as 0.8% to $1.1160 before recovering to around $1.1202. French stocks also weakened, while the premium on French 10-year bonds over German […]
U.S. Federal Reserve Chair Kevin Warsh made his first major international appearance at the European Central Bank’s annual forum in Sintra, Portugal, joining ECB President Christine Lagarde, Bank of England Governor Andrew Bailey and Bank of Canada Governor Tiff Macklem. The discussion focused on the shared challenge of bringing inflation under control, while also
Incoming Federal Reserve Chair Kevin Warsh has unsettled global central bankers by suggesting that the Fed’s independence may not fully extend to its international crisis-fighting duties. During his Senate confirmation hearing, Warsh proposed that outside of setting interest rates, the Fed should coordinate closely with the White House and Congress. This has sparked



