ISTANBUL: The US Federal Reserve has signaled that an interest rate cut is around the corner, but the burning question now is about the extent.
More specifically, the debate is whether the Fed will go for a reduction of 25 or 50 basis points, with va…
ISTANBUL: Americans’ personal income growth and personal spending both gained pace in July from the previous month, according to official figures released Friday.
Personal income climbed $75.1 billion, or 0.3%, at a monthly rate in July, according to…
ISTANBUL: US consumer sentiment rose in August after falling for four consecutive months, according to final results from the University of Michigan’s consumer survey released Friday.
The index of consumer sentiment rose 1.5 points to 67.9 in August,…