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Business
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Economy
8/14/2024 4:31:58 PM
US consumer inflation eased slightly in July, according to government data published Wednesday, its smallest 12-month increase since March 2021 and a positive sign for the Federal Reserve as it weighs cutting interest rates.
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Business
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Markets & Companies
8/13/2024 5:52:14 PM
Wall Street stocks advanced Tuesday as US producer inflation came in cooler than anticipated but signaled price increases are still easing gradually as hoped, putting the central bank on track for rate cuts.
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Business
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Markets & Companies
7/17/2024 3:08:52 PM
Europe's stock markets slid Wednesday as stronger-than-expected UK inflation data doused hopes of a British interest rate cut any time soon.
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Business
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Economy
7/16/2024 10:58:30 PM
A senior US central bank official said in remarks prepared for delivery Tuesday that it might be apt to lower interest rates sooner rather than later if the job market cools "too much."
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Business
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Markets & Companies
7/15/2024 6:53:49 PM
US stocks are rising toward records Monday as Wall Street’s momentum keeps driving it upward.
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Business
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Economy
7/9/2024 5:18:51 PM
The US Federal Reserve is making "modest" progress in its inflation fight, the head of the US central bank told lawmakers Tuesday, on the first of two days of testimony in Congress.
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Business
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Economy
6/12/2024 9:53:54 PM
The US Federal Reserve left its key lending rate unchanged on Wednesday and penciled in just one rate cut this year, down from the three expected in March.
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Business
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Economy
6/12/2024 6:11:56 PM
Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year.
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Business
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Markets & Companies
6/11/2024 5:57:24 PM
European stock markets and the euro tumbled further Tuesday as investors faced weeks of political uncertainty after far-right gains in EU Parliament elections that sparked early elections in France.
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Business
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Economy
6/10/2024 4:04:58 PM
After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful progress on inflation this year — a prelude to eventual interest rate cuts.
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Business
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Economy
6/9/2024 5:32:12 PM
The US Federal Reserve is likely to keep interest rates unchanged this week, but could pare back the number of cuts it has penciled in for this year, as policymakers digest a mixed bag of economic data.
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Business
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Markets & Companies
6/5/2024 4:07:36 PM
Europe's equity markets climbed Wednesday with traders boosted on the eve of an expected interest-rate cut by the European Central Bank, but Asia slid on renewed US economic worries.
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Business
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Markets & Companies
6/4/2024 6:07:01 PM
US stocked ticked lower in early trading Tuesday, as investors reacted to underwhelming recent economic data and prepared for the release of key payroll data later this week.
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Business
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Economy
5/2/2024 11:22:01 AM
The US Federal Reserve on Wednesday held interest rates steady for a sixth straight meeting, keeping the level at a 23-year high to fight stubborn price increases.
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Business
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Economy
4/23/2024 11:02:53 AM
Asian markets mostly rose Tuesday and London hit a fresh record, with hopes for earnings this week from tech titans helping to offset worries about the Federal Reserve's interest rate plans ahead of the release of key US growth and inflation data.
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Business
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Economy
4/18/2024 1:40:23 PM
Major stock markets in Asia and Europe mostly rose Thursday with traders mulling the outlook for US interest rates as Federal Reserve officials questioned the need for a cut anytime soon.
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Business
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Economy
4/16/2024 11:13:11 PM
The US Federal Reserve's ongoing fight against inflation could take "longer than expected," the head of the US central bank said Tuesday, further paring back the chances of early rate cuts.
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Business
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Markets & Companies
4/11/2024 2:04:30 PM
Asian and European stock markets mostly fell Thursday before the European Central Bank's latest interest rate decision, after hotter-than-expected US inflation dented hopes for Federal Reserve rate reduction any time soon.
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Business
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Markets & Companies
4/9/2024 3:36:59 PM
European equities dipped in early trading Tuesday while Asian stocks closed mostly higher, as investors mainly focused on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve.
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Business
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Economy
4/1/2024 11:28:03 AM
Asian markets were mixed while gold hit a record high Monday after data showed a slight uptick in US inflation that Federal Reserve boss Jerome Powell said was "in line with expectations".
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