
Philippine Central Bank Raises Rates for Third Straight Meeting
Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 5.00% from 4.75%.
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Bangko Sentral ng Pilipinas raised its benchmark overnight reverse repurchase rate to 5.00% from 4.75%.

Treasury Secretary Scott Bessent and Federal Reserve Chairman Kevin Warsh appear at odds over a question at the heart of U.S. financial policy. How hands-off can policymakers be when it comes to setting a price for money?

The Hangzhou-based company is seeking to raise funding to bankroll research and development, and its expansion into computing infrastructure.

An oil tanker on Tuesday caught fire after being struck by an unidentified projectile in the Strait of Hormuz: UKMTO. U.S. allies reportedly challenged Trump's claims that Iran's mines in the strait had been fully cleared.

The myriad issues facing the economy aren't being reflected in traditional risk gauges. But you can't fool the bond market.

Online fast-fashion retailer Shein is set to price its shares at the middle of the marketing price band to raise HK$13.6 billion ($1.73 billion) in its Hong Kong IPO, according to two sources with knowledge of the matter.

FOX Business contributor Lou Basenese and Heritage Foundation chief economist EJ Antoni analyze the PCE inflation report showing a 3.7% annual rise and debate how the data could impact the Federal Reserve's next policy moves on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #inflation #pce #pceinflation #federalreserve #fed #interestrates #economy #useconomy #monetarypolicy #ratecuts #economicdata #loubasenese #ejantoni #heritagefoundation #consumerprices #markets

PEDEVCO is a standard U.S. oil producer with over 300,000 net acres across three basins, but recent results raise concerns. Despite Q2 oil sales at $94/barrel and surging production from a 2025 merger, PED posted a first-half loss due to hedging and non-recurring factors. Locked-in hedges through 2028 severely limit upside from higher oil prices, while operating costs have risen to $26.51/Boe post-merger.

Federal Reserve governor Lisa Cook on Wednesday denied White House allegations that she had committed mortgage fraud and said there were no grounds for President Donald Trump to oust her from her position at the central bank.

Japanese stocks rose after Nvidia's strong quarterly results alleviated concerns about the sustainability of AI-related spending.

The Bank of Korea hiked rates by 25 basis points to 3%, its highest since January 2025 and in line with expectations.

Robinhood Markets CIO Stephanie Guild discusses quantitative intelligence's potential effects on the market and rising pressure on long-term bonds on ‘Making Money.'

Bitcoin futures soared almost $10,000 ever since President Trump called on Congress to pass the Clarity Act. @CharlesSchwab's Nathan Peterson offers a thorough look into the catalysts backing Bitcoin's price action and the rally across other cryptocurrencies and crypto-tied stocks.

The world's most valuable company has again defied eye-watering forecasts, delivering a bumper set of financial results.

Former JPMorgan Chase executive Jes Staley told U.S. lawmakers he repeatedly shared confidential and market-sensitive bank information with Jeffrey Epstein and was at one point named as a trustee of his estate, according to a transcript released by the U.S. Congress House Oversight Committee.