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Gold holds firm on failed Brexit vote, Fed rate hike pause hopes

Gold held steady on Wednesday, supported by uncertainty around Brexit, after lawmakers voted down British Prime Minister Theresa May's deal to leave the European Union, and hopes for a rate hike pause by the U.S. Federal Reserve.
Tags: Money, European Union, businessNews, Theresa May, Brexit, Fed


Shutdown could revive tax refund advance products

Even in the best of tax times, folks are impatient when it comes to getting their refunds. They want them yesterday, looking to collect on the forces savings account they created when they intentionally had too much put into their paycheck withholding. Then comes 2019, where every day it's looking more like parts of the federal government, including the Internal Revenue Service, will be in shutdown mode when the annual tax return filing season starts on Jan. 28. While the Treasury Department an...
Tags: Taxes, RAC, Sam, Irs, Fed, Don, Internal Revenue Service, Bankrate, Consumer Federation of America CFA, The Treasury Department, National Consumer Law Center NCLC, NCLC CFA


Fed's Kashkari: Don't snuff out growth with rate hikes

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, on Tuesday repeated his view that the U.S. central bank should not raise interest rates as long as inflation remains low.
Tags: Money, businessNews, Fed, Don, Kashkari, Neel Kashkari, Federal Reserve Bank of Minneapolis


Gold steady on Fed rate pause hopes, stronger equities

Gold prices held steady on Tuesday, supported by market expectations of fewer interest rate hikes in the year by the U.S. Federal Reserve, while a bounce in Chinese equities stoked interest in riskier assets.
Tags: Money, businessNews, Fed, U S Federal Reserve


Gold steady on Fed pause hopes, equity recovery

Gold prices held steady on Tuesday, supported by market expectations of fewer interest rate hikes in the year by the U.S. Federal Reserve, while a bounce in Chinese equities stoked interest in riskier assets.
Tags: Money, businessNews, Fed, U S Federal Reserve


Where IRS offices are closed and the tax services that we're not getting during the shutdown

Internal Revenue Service offices nationwide, like this one in New York City, are closed due to the ongoing federal government shutdown. (Photo by Matthew Bisanz via Wikipedia Commons) Most of us don't have personal interactions with the Internal Revenue Service. We simply do our taxes every year, send them to the federal tax collector and move on with our lives. It's a different story in many places across the country. Those places have physical IRS offices where friends and family usually ...
Tags: Texas, Taxes, New York City, United States, District Of Columbia, Irs, Fed, Lone Star State, Internal Revenue Service, Treasury Department, Austin IRS, Taxpayer Assistance Centers, Wikipedia Commons Most, Matthew Bisanz


Fintech firms want to shake up banking, and that worries the Fed

The U.S. Federal Reserve is wary of giving "fintech" firms such as OnDeck Capital Inc or Kabbage Inc. access to the country's financial infrastructure, putting the central bank at odds with other regulators looking to bring them into the fold. The Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) are exploring granting federal bank-like licenses to tech-driven firms that offer financial services, such as money transfe
Tags: Money, businessNews, Fed, U S Federal Reserve, Federal Deposit Insurance Corporation FDIC, Office of the Comptroller of the Currency OCC, OnDeck Capital Inc, Kabbage Inc


Gold rises on expectations of Fed pause, equities pullback

Gold prices rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve will not raise rates this year and as Asian stocks tumbled after lacklustre China data pointed to a slowdown in the world's second-largest economy.
Tags: Money, China, businessNews, Fed, U S Federal Reserve


Gold rises as expectations of Fed pause keeps lid on dollar

Gold prices rose on Monday as the dollar fell on expectations that the U.S. Federal Reserve will not raise rates this year and as Asian markets dropped after lacklustre China data reflected a slowdown in the world's second-largest economy.
Tags: Money, China, businessNews, Fed, U S Federal Reserve


Powell sought fast end in 2013 to Fed's bond-buying program

Federal Reserve Chairman Jerome Powell, in his early days on the U.S. central bank's board of governors, argued frequently and forcefully for an end to the bond purchases undertaken to support the recovery from the financial crisis, transcripts of policy meetings from 2013 released on Friday showed.
Tags: Money, businessNews, Federal Reserve, Fed, Powell, Jerome Powell


Timeline: Key events for the Fed in 2013 - the year of the 'taper tantrum'

The year 2013 was a tumultuous one for the U.S. Federal Reserve as it wrestled with when and how to end the controversial bond-buying program it began in response to the 2007-2009 financial crisis and recession.
Tags: Money, businessNews, Fed, U S Federal Reserve


Fed shutdown underscores why to adjust payroll withholding

Today should be payday for hundreds of thousands of federal government workers. The partial government shutdown, however, means they're not getting their money. And even though the White House, Treasury and the Internal Revenue Service say that the 2019 filing season will open at the end of January as it has in years past and that refunds will be issued, there's no guarantee that things will go smoothly. We are, after all, talking about Uncle Sam's operations. Can IRS meet refund challenge? T...
Tags: Taxes, Maryland, Treasury, Capitol Hill, Irs, Fed, Don, Internal Revenue Service, Uncle Sam, White House Treasury, Sen Chris Van Hollen, Benjamin Cardin, Charles Rettig, White House s Office of Management and Budget OMB, Bank of Uncle Sam


Fed officials feared adverse market reaction in 2013

WASHINGTON (AP) — Federal Reserve officials were worried about an adverse market reaction when they made their first tentative moves in 2013 to pull back on the massive support they had been providing to help the economy recover from... [Author: [email protected]]
Tags: Business, Washington, Ap, Federal Reserve, Fed


Global stocks rise on Fed restraint, US-China trade hopes

SINGAPORE (AP) — Global markets were mostly higher on Friday as investors cheered the Federal Reserve's more restrained stance and opt to view this week's U.S.-China trade talks in a positive light.KEEPING SCORE: In Europe, Germany's... [Author: [email protected]]
Tags: Business, China, Singapore, Global, Ap, Federal Reserve, Fed, US China, Europe Germany


Asian stocks rise on Fed restraint, US-China trade hopes

SINGAPORE (AP) — Asian markets were mostly higher on Friday as investors cheered a more restrained Federal Reserve and U.S.-China trade talks.KEEPING SCORE: Japan's Nikkei 225 index advanced 1 percent to 20,359.70 and South Korea's... [Author: [email protected]]
Tags: South Korea, Business, Japan, China, Singapore, Ap, Federal Reserve, Fed, US China


Global stocks mixed on Fed restraint, US-China trade hopes

SINGAPORE (AP) — Global markets were mixed Friday as investors cheered the Federal Reserve's more restrained stance and opted to view this week's U.S.-China trade talks in a positive light.KEEPING SCORE: In Europe, Germany's DAX... [Author: [email protected]]
Tags: Business, China, Singapore, Global, Ap, Federal Reserve, Fed, US China, Europe Germany


Gold prices rise as Fed stance weakens dollar

Gold prices climbed on Friday as the dollar retreated on expectations the Federal Reserve may pause interest rate hikes if the U.S. economy slows this year, while investors awaited news on progress in the Sino-U.S. trade talks.
Tags: Money, businessNews, Federal Reserve, Fed


Gold prices rise as Fed rate tone weakens dollar

Gold prices climbed on Friday as the dollar fell back on expectations the U.S. central bank may pause interest rates hikes if the U.S. economy slows this year, while investors awaited news on progress in the Sino-U.S. trade talks.
Tags: Money, businessNews, Fed


Stocks rise for fifth straight day as the Fed supports

An index of world stock markets rose on Thursday as worries over the lack of clear signs of a resolution to the U.S.-China trade spat were offset by an assurance by Federal Reserve Chairman Jerome Powell that the U.S. central bank has the ability to be patient on monetary policy.
Tags: Money, China, businessNews, Federal Reserve, Fed, Jerome Powell


Wall St. seesaws higher after comments by Fed's Powell

Wall Street rose in a seesaw session on Thursday, tentatively on track for its fifth straight day of gains as investors responded to mixed comments by Federal Reserve Chairman Jerome Powell, while a warning from Macy's pummeled retail stocks.
Tags: Money, businessNews, Federal Reserve, Fed, Macy, Powell, Jerome Powell


Global Market: Stocks rise for fifth straight day as the Fed supports

An index of world stock markets edged higher on Thursday as worries over the lack of clear signs of a resolution to the U.S.-China trade spat were offset by an assurance by Federal Reserve Chairman Jerome Powell that the U.S. central bank has the ability to be patient on monetary policy.
Tags: Money, China, businessNews, Federal Reserve, Fed, Jerome Powell


Gold eases as dollar recovery offsets dovish Fed minutes

Gold slipped on Thursday, holding below $1,300 an ounce as the dollar bounced up off lows as investors pared back bearish positions on the U.S. currency.
Tags: Money, businessNews, Fed


Government shutdown hikes uncertainty over rates, economy - Fed's Barkin

The ongoing partial shutdown of the U.S. government could increase uncertainty surrounding the state of the economy and the direction of interest rates, Richmond Federal Reserve President Thomas Barkin said on Thursday.
Tags: Money, businessNews, Fed, Barkin, Thomas Barkin, Richmond Federal Reserve


Gold eases as dollar recovery offsets dovish Fed

Gold eased on Thursday, holding below the key $1,300 an ounce level, as the dollar bounced back from lows, with the precious metal paring back gains seen after dovish U.S. Federal Reserve minutes in the previous session.
Tags: Money, businessNews, Fed, U S Federal Reserve


Gold gains as dovish Fed, U.S. political impasse drag dollar

Gold prices rose on Thursday as growing expectations that the U.S. Federal Reserve will pause its rate tightening cycle this year and an impasse between U.S. President Donald Trump and Democrats on funding for a border wall weighed on the dollar.
Tags: Money, businessNews, Donald Trump, Fed, U S Federal Reserve


Asia shares check rally as U.S.-China trade talks, Fed policy in focus

Asian shares took a breather on Thursday after an extended rally, as markets awaited more news on U.S.-China trade talks that have raised hopes of a deal to avert an all-out trade war between the economic giants.
Tags: Asia, Money, China, businessNews, Fed, U S China


Asian shares start cautiously after trade talks end, dovish Fed minutes

Asian shares began cautiously on Thursday, struggling to rise after a multi-day rally as markets await more news on U.S.-China trade talks that have raised hopes of a deal to avert an all-out trade war.
Tags: Money, China, businessNews, Fed


Fed policymakers say U.S. rate hikes can wait, for now

U.S. Federal Reserve policymakers say they will wait to deliver more interest rate hikes until they have a better handle on whether slowing global growth and financial market volatility will undercut an otherwise solid U.S. economic outlook.
Tags: Money, businessNews, Fed, U S Federal Reserve


Fed minutes: Growing risks make rate hike path less clear

WASHINGTON (AP) — Federal Reserve officials expressed increasing worries when they met last month, as they grappled with volatile stock markets, trade tensions and uncertain global growth. The threats, they said, made the future path of interest rate hikes “less clear.” According to minutes of the Fed’s December gathering, officials believed that with inflation still […]
Tags: Business, News, Washington, Ap, Nation, Federal Reserve, Fed


Fed policymakers say can wait on further U.S. rate hikes

U.S Federal Reserve policymakers can wait on any further interest rate hikes until they have a better handle on whether growing risks will undercut an otherwise solid U.S. economic outlook, several policymakers said on Wednesday.
Tags: Money, businessNews, Fed, U S Federal Reserve



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