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A sell-off in drug manufacturers extended into a second week.

“Most FOMC participants, including myself, now anticipate that achieving these conditions will likely entail an initial increase in the federal funds rate later this year, followed by a gradual pace of tightening thereafter“, Yellen said. The late sell-off on Friday...

Though the Fed didn’t raise rates this month, Heidi Richardson explains how to potentially prepare your bond portfolio for the rate regime change. The Fed has been reluctant to shake the boat in the wake of the financial crisis, fearing it could scare off investors and stun...

Gold fell from one-month highs on Friday after Federal Reserve chair Janet Yellen kept the door open to an increase in USA interest rates this year, sparking a dollar rally, while palladium was on track for its biggest weekly rise in nearly four years.

More worries about slower growth in China pushed commodities to two-week lows, with copper prices and industrial metals leading losses.

In the us , interest rates have never been lower for longer (for almost seven years) but delay in raising rates also carries increasing risk.

The Federal Reserve’s decision to delay an interest rate increase last week was largely a “risk management” exercise to be sure recent market volatility would not become a drag on the economy, Atlanta Fed President Dennis Lockhart said on Monday.

Following the conclusion of a closely watched meeting, the Federal Reserve is keeping interest rates at record lows, citing a weak global economy, low inflation and instability in financial markets, APA reports quoting Reuters.

While analysts, economists and investors are eagerly waiting to see whether the Federal Reserve raises interest rates after its meeting later this week, Appelbaum drove into the mechanics of how such a rate hike would work in this weekend’s paper.

ASIA’S DAY: The Shanghai Composite Index posted its first gain in six days, bouncing back from losses that triggered worldwide selling and wiped almost 23 percent off its value over the past week.

The Dow was up 332 points, or 2 percent, to 16,203 as of 11 a.m., while the Standard & Poor’s 500 index gained 42 points, or 2.2 percent, to 1,936.

The US stock market has rebounded slightly following an early trading plunge in the wake of a big drop in Chinese stocks. Minutes after the opening bell Monday, the major indices tumbled wildly, making Friday’s 530-point sell-off in the Dow look like a minor blip, but...

Shares in banks and asset managers also fell, and the Euro STOXX Volatility Index rose to its highest since late 2011 – more evidence of investor unease.

The tumult began when the Dow opened Monday with a 1,000-point nosedive.

The cause of the global market volatility centres on fears that the world’s second biggest economy is slowing. “And I don’t see any signs of meaningful government intervention”.