A large U.S. investment bank is considering building up a 10% stake in Italy's Banca Popolare di Sondrio, Il Sole 24 Ore newspaper reported on Thursday, without citing sources or
U.S. business inventories fell for a second straight month in November amid declines in retail and wholesale stocks, which could see inventory investment subtracting from
Production at U.S. factories barely rose in December as increases in motor vehicle output were partially blunted by declines in machinery as well as electrical equipment,
U.S. import prices were unexpectedly unchanged in December after two straight monthly decreases, but the trend in imported inflation remained subdued.
Federal Reserve Governor Christopher Waller on Tuesday said it would be "reasonable" for the U.S. central bank to start thinking about slowing the pace of reductions to the Fed's balance
Traders of futures that settle to the Federal Reserve's policy rate pared expectations for the U.S. central bank to start lowering short-term borrowing costs in March after Fed Governor
A look at the day ahead in U.S. and global markets from Mike Dolan A shortened U.S. markets week starts on the back foot as Friday's slightly peculiar interest rate cut ebullience cools a touch again
The United States and Britain launched strikes from the air and sea against Houthi military targets in Yemen in response to the movement's attacks on ships in the Red Sea, an escalation of
Britain, which has had the strongest inflation among the world's big rich economies for much of the past two years, could see its pace of price growth slow to below 2% before the
Global investors accumulated money market funds for a third straight week in the seven days to Jan. 10, while pulling back from equity funds, as they favoured safer bets ahead of key U.S.
A look at the day ahead in U.S. and global markets from Mike Dolan Much like the slightly peculiar debt market nonchalance after December's sticky inflation readout, world markets have remained calm
Traders on Friday priced in a bigger chance that the Federal Reserve will deliver more monetary policy easing this year after a U.S. government report pointed to less inflation in the
U.S. bank regulators' proposed new capital requirements for large banks, if finalized, would violate key federal laws and needlessly impose burdensome costs on 80% of assets in the
Global political and business leaders will meet in the Swiss resort of Davos next week against a complex geopolitical backdrop beset by war, tectonic shifts in monetary policy, climate
Brokerages have raised their year-end targets for U.S. stocks benchmark S&P 500, spurred by expectations of a "soft landing" for the economy and growing odds the Federal Reserve will cut
Goldman Sachs raised its 2024 U.S. GDP growth forecast to 2.3% from 2.1% expected earlier.
Global banks could boost their valuations by a combined $7 trillion in the next five years if they take major steps to promote growth and boost productivity, the Boston Consulting
Even as U.S. inflation has eased in the last year, an unusual culprit has emerged in recent months as a surprise force in preventing consumer prices from falling even further: auto
Turkey is committed to achieving disinflation, central bank chief Hafize Gaye Erkan told investors on Thursday while anticipating the completion of the monetary policy tightening
The U.S. federal government posted a December deficit of $129 billion, up $44 billion or 52% from a year earlier as outlays rose while receipts fell from December 2022 levels
The rocky path of inflation back to the Federal Reserve's 2% target rate reflected in the latest Consumer Price Index (CPI) figures means that it is likely too soon for the central bank to
Foreigners added a net $29 billion into emerging market debt and equity portfolios in December enticed by a view that the U.S.
U.S. consumer prices increased more than expected in December as rents maintained their upward trend, which could delay a much anticipated interest rate cut in March from the
A look at the day ahead in U.S. and global markets from Mike Dolan If the aggressive interest rate easing markets have priced for 2024 is to ring true - against what Federal Reserve officials are
Credit rating agency Fitch no longer forecasts a U.S. recession this year due to several signs of strength in the economy, Fitch Ratings’ Chief Economist Brian Coulton said in a
CBS News says it will be up to Vance and Walz to fact-check each other in veep debate
US fines Air Canada over flights over prohibited Iraqi airspace
Hybrid, electric car sales to outpace rest of the market in Brazil in 2030, study shows
Fed should cut interest rates 'gradually,' Musalem says
Five days of frantic US diplomacy on Lebanon has yielded little
Wrapping up mission, US troops will leave some longstanding bases in Iraq under new deal
IMF, Ethiopia reach staff-level agreement on first review of loan program
US SEC charges Mango Markets with offering unregistered crypto token
US charges British man over 'hack-to-trade' scheme
At NY’s beloved Fall for Dance, highlights come from as far as Ukraine and as close as a few blocks
Air France's New Menu: BYOF (Bring Your Own Food)
Man's 37-day pilgrimage raises money for Greater Boston Food Bank