Washington: A top official at the Federal Reserve has signaled that the US central bank is preparing changes to banks’ capital requirements. Speaking at a Thursday policy forum hosted by the Cato Institute, US Federal Reserve Vice Chair for Supervisio…

New york: US stock markets closed with losses Thursday as the Middle East tensions ramped the oil prices up amid Strait of Hormuz disruptions. The Dow Jones Industrial Average fell 1.56%, or 739.42 points, to close at 46,677.85. The Nasdaq composite d…

Washington: US President Donald Trump demanded on Thursday that the Federal Reserve cut interest rates ‘immediately,’ criticizing Jerome Powell for waiting until the central bank’s next policy meeting. ‘Where is the Federal Reserve Chairman, Jerome ‘T…