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* Dallas Fed warns federal funds rate losing its potency. * Tri-party general collateral rate works better to transmit monetary policy. * Dallas Fed paper comes as bank leader Logan argues for reform. By Michael S. Derby. New research from the Federal Reserve Bank of Dallas is building the case for a change in the interest rate the central bank targets to achieve its monetary policy goals.

Bitcoin is up 1% on Tuesday after weaker U.S. unemployment data revived expectations of the Federal Reserve delivering another rate cut in January. Notable Statistics: Notable Developments: Trader Notes: Crypto technical analyst Kevin said Bitcoin is behaving as expected in the late stages of a major correction.

Further interest rate cuts could put U.S. monetary policy on an accommodative footing that stimulates economic growth and puts the country at risk of a new jump in inflation and inflation expectations, Atlanta Federal Reserve President Raphael Bostic said on Tuesday.

* * Economists expected 50,000 jobs, actual increase was 64,000. * Fed unlikely to cut rates soon, awaits job market clarity. By Karen Brettell. U.S. Treasury yields fell on Tuesday after data showed an unexpected increase in the unemployment rate last month, though analysts also noted that the data is less reliable than usual due to government shutdown-related distortions.

The November employment report was mixed, with payrolls growth stronger than expected but following a sharp October drop, the unemployment rate higher, and hourly earnings growth slower than expected. Nonfarm payrolls rose by 64,000 in November after a 105,000 decline in October and a 108,000 gain in September.

U.S. President Donald Trump is set to interview Federal Reserve governor Christopher Waller for Fed chair on Wednesday, The Wall Street Journal reported on Tuesday, citing people familiar with the matter. Reuters could not immediately verify the report.

* Healthcare sector slides; Pfizer's (PFE) forecast disappoints. * US job growth rebounded in November; unemployment rate at 4.6% * Indexes down: Dow 0.63%, S&P 500 0.42%, Nasdaq 0.06% By Abigail Summerville and Johann M Cherian. Dec 16 - Wall Street's main indexes slipped on Tuesday, impacted by declines in healthcare and energy stocks, but the Nasdaq pared some losses in the afternoon.

US benchmark equity indexes were lower intraday as traders parsed the latest economic data, including a report showing the unemployment rate reached the highest level in more than four years. The Dow Jones Industrial Average was down 0.9% at 47,985.8 after midday Tuesday, while the S&P 500 fell 0.7% to 6,766.

* Milei's economic reforms tie peso to inflation. * Analysts see potential for Argentina's market return. * Central bank aims to boost FX reserves by $17 billion. * Argentina's ninth sovereign default occurred in 2020. By Marc Jones.

Morocco's central bank held its benchmark interest rate at 2.25% for a third consecutive meeting on Tuesday, saying current borrowing costs were appropriate given easing inflation domestically and global economic uncertainty.

US private-sector output growth hit a six-month low in December as price pressures intensified "noticeably," according to S&P Global's (SPGI) flash purchasing managers' index released Tuesday. The composite output index fell to 53 this month from 54.2 in November, representing its lowest point since June, the data provider said.

An independent audit has formally verified the physical gold reserves backing Gold Dollar, the gold-backed stablecoin introduced under the regulatory framework of the Kyrgyz Republic. Image: Independent audit verifies gold reserves backing Kyrgyzstan?s USDKG stablecoin The audit was conducted by Kreston Global, a major international accounting network.

* Wall Street dips after US economic data. * US adds jobs in November but unemployment rate rises. * BoE, ECB and BoJ meet later in the week. * Brent futures drop below $60 a barrel for first time in months. By Sin?ad Carew and Elizabeth Howcroft.

* Healthcare sector slides; Pfizer's (PFE) forecast disappoints. * US job growth rebounded in November; unemployment rate at 4.6% * B. Riley jumps after reporting Q2 profit vs year-ago loss. * Indexes off: Dow 0.48%, S&P 500 0.48%, Nasdaq 0.28% By Johann M Cherian and Shashwat Chauhan.

NEW YORK, NY / ACCESS Newswire / December 16, 2025 / For a century, the world has operated on a comfortable illusion. That era of blind trust is ending. SMX is positioned squarely at the center of the coming reset. The World Thinks It Knows What's in Its Vaults...

The unemployment rate for two U.S. groups that are often the most vulnerable to job loss in a softening economy - Blacks and teenagers - surged to the highest levels in more than four years in November, Labor Department data showed on Tuesday.

All three major US stock indexes were pointing lower in late-morning trading on Tuesday, as investors digested the November jobs report. The unemployment rate rose to 4.6% in November from 4.4% in September, compared with a 4.5% rate expected, while the labor force participation rate rose to 62.5% from 62.4% in September.

The unemployment rate for two U.S. groups that are often the most vulnerable to job loss in a softening economy - Blacks and teenagers - surged to the highest levels in more than four years in November, Labor Department data showed on Tuesday.

Bitcoin is down 3% over the past week, dashing expectations that the Federal Reserve?s rate cut the week prior would spark a relief rally. According to Wintermute?s latest market update, the rate cut, which came with projections implying just one rate cut across all of 2026, has resulted in uncertainty rather than upside momentum for Bitcoin.

Retail sales were flat in October as outlays on motor vehicles and at fuel stations declined, delayed data from the US Census Bureau showed Tuesday. Sales remained unchanged in October, compared with the Bloomberg-compiled consensus for growth of 0.1%. The pace of increase in September was revised down to 0.1%. The report was delayed because of a recent federal government shutdown.

The Bank of Canada received some comforting news on Monday with the as expected 0.1% month-over-month non-seasonally adjusted November consumer price index print, while the headline inflation rate did come in a tad below market expectations, staying at 2.2% year over year instead of inching up to 2.3% as the consensus had penciled in, noted Rosenberg Research.

Job growth rebounded in November after payrolls declined in October, while the unemployment rate shot up to the highest level in more than four years, delayed government data showed Tuesday. Total nonfarm payrolls rose by 64,000 last month, the Bureau of Labor Statistics said. The November report was delayed by more than a week because of the recent federal government shutdown.

* B. Riley jumps after reporting Q2 profit vs year-ago loss. * US job growth rebounded in November; unemployment rate at 4.6% * Indexes: Dow down 0.02%, S&P 500 down 0.03%, Nasdaq up 0.15% By Johann M Cherian and Shashwat Chauhan.

Chile's central bank will announce its policy decision at 4 p.m. ET on Tuesday. According to Deutsche Bank, the persistence of core inflation and the behavior of services inflation prescribe continued caution, while the performance of activity and the labor market affords the BCCh the space to avoid rushing the next cut.

Former Federal Reserve governor Kevin Warsh has emerged as the new frontrunner to succeed Jerome Powell as Chair of the Federal Reserve. What Happened: On Tuesday, Polymarket traders assign Warsh a 46% probability to be President Trump?s nominee?up from 39% on Monday and a sharp rise from 11% one week prior.

White House economic adviser Kevin Hassett, one of President Donald Trump's top contenders to lead the Fed, said the independence of the central bank was important, amid concerns he might be too close to the president. "The Federal Reserve's independence is really, really important," Hassett said in an interview with CNBC.

* US November unemployment rate at 4.6% * CPI and PCE data due later this week. * Platinum rises to 14-year peak. By Sarah Qureshi and Noel John. Gold prices rose on Tuesday as investors analyzed a U.S. jobs report that showed the unemployment rate rose last month from September, reinforcing bets of rate cuts by the U.S. Federal Reserve and sending the dollar index lower.

Wall Street's main indexes slipped at the open on Tuesday after data broadly signaled a cooling U.S. economy, paving the way for more monetary policy easing by the Federal Reserve next year. The Dow Jones Industrial Average fell 36.4 points, or 0.08%, to 48,380.17 at the open.

Wall Street's main indexes slipped at the open on Tuesday after data broadly signaled a cooling U.S. economy, paving the way for more monetary policy easing by the Federal Reserve next year. The Dow Jones Industrial Average fell 36.4 points, or 0.08%, to 48,380.17 at the open.

The pace of U.S. job growth rebounded in November after a drop in the prior month, but the unemployment rate increased to 4.6%, indicating the labor market continues to show signs of softening, while expectations the Federal Reserve was unlikely to cut rates in January remained largely unchanged.

Editor's Note: This story has been updated to include the latest data and market reaction. The U.S. labor market showed clearer signs of cooling in November, as job growth broadly met already subdued expectations while the unemployment rate rose more than anticipated, intensifying concerns that the slowdown is becoming more fragile.

The U.S. dollar extended losses against major peers on Tuesday following the release of delayed economic data showing stronger-than-expected jobs growth that signals the Federal Reserve might be cautious in continuing to cut interest rates in the near term. The employment report was delayed because of the 43-day U.S. federal government shutdown.

A few more rounds of Canadian data came in on Monday the form of November existing home sales and housing starts, which further highlight the soft demand and excess supply in this interest-rate-sensitive sector -- setting the stage for more shelter disinflation, said Rosenberg Research.

US retail sales held steady in October, below the 0.1% increase expected in a survey compiled by Bloomberg and following the previous month's 0.1% gain. Excluding a 1.6% decrease in motor vehicle sales, retail sales were up 0.4% compared with an expected 0.2% gain.

U.S. rate futures on Tuesday raised the probability of the Federal Reserve cutting interest rates at the next policy meeting in January after data showed U.S. unemployment rose last month.

U.S. retail sales were unexpectedly flat in October, though consumer spending appears to have remained on a solid footing at the start of the fourth quarter despite the rising cost of living that is forcing some households to scale back. The unchanged reading in retail sales reported by the Commerce Department's Census Bureau on Tuesday followed a downwardly revised 0.1% gain in September.

U.S. retail sales were unexpectedly flat in October, though consumer spending appears to have remained on a solid footing at the start of the fourth quarter despite the rising cost of living that is forcing some households to scale back. The unchanged reading in retail sales reported by the Commerce Department's Census Bureau on Tuesday followed a downwardly revised 0.1% gain in September.

The U.S. labor market showed clearer signs of cooling in November, as job growth met already subdued expectations while the unemployment rate rose more than anticipated, intensifying concerns that the slowdown is becoming more fragile.