The Federal Open Market Committee (FOMC) on Thursday held the federal funds target range steady at 4.25 percent to 4.5 percent, citing steady economic growth and lingering inflationary pressures.
U.S. President Donald Trump imposed a 25 percent tariff on imported vehicles on Wednesday night, fueling inflation concerns that weighed on financial markets.
After market...
Average rates for Treasury bills (T-bills) were mixed at Monday’s auction, as market participants anticipated that the Bangko Sentral ng Pilipinas (BSP) is unlikely to resume monetary policy easing after the US Federal Reserve’s decision to hold rates steady.
The government is lining up a hefty start to its 2026 borrowing program, targeting P824 billion in the first quarter alone to help fund state spending.
Converge Information and Communications Technology Solutions Inc. is speeding up its shift from being mainly a fiber internet provider to becoming a full technology company, driven by growing demand from large businesses and enterprises.
Data from the Department of Human Settlements and Urban Development show the national housing backlog reached 10.65 million units in 2024, highlighting decades of unmet demand that continue to weigh on affordability and urban planning.
The Civil Aeronautics Board (CAB) has warned the public to be alert against scams involving fake airline ticket sellers and unauthorized agents posing as airline partners.