Dollar Rises Most in Two Weeks as Fed Seen as Being Less Dovish
The dollar strengthened against all of its major peers as investors interpreted the Federal Reserve’s policy outlook as being less dovish than earlier envisaged.
US stocks finish mixed as Fed cuts rates for first time in 2025
NEW YORK, United States — US stocks finished mixed Wednesday while the dollar moved higher as markets digested the Federal Reserve cutting interest rates for the first time in 2025…
US Fed makes first rate cut of 2025 over employment risks
WASHINGTON, United States — The US Federal Reserve on Wednesday lowered interest rates for the first time this year, flagging slower job gains and risks to employment as policymakers face…
What’s Behind an Elite Hong Kong School’s Fight With a Church
In this week’s Hong Kong Edition, we break down the drama around one of the city’s elite international schools and speak with the chief of a legendary dim sum spot.…