Fed's Mester says March "probably" too early for rate cut
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
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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
U.S.
The Federal Aviation Administration said Wednesday it is launching a formal investigation into the Boeing 737 MAX 9 after a cabin panel loss led to an Alaska Airlines emergency
Smith Douglas Homes notched a valuation of $1.21 billion in its market debut on Thursday, after the homebuilder's shares rose 11.9% at open on the New York Stock Exchange.
The Washington State attorney general is planning to file a lawsuit to block supermarket chain Kroger's near-$25 billion acquisition of Albertsons, Bloomberg News reported on Thursday,
Amazon.com is laying off 5% of the workforce at Audible, Business Insider reported on Thursday, citing a memo by the head of the audiobook and podcast division.
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
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 Pentagon's inspector general released a report on Thursday that said the United States military had not properly tracked about $1 billion in weapons sent to Ukraine.
A re-election of Donald Trump as U.S. president would represent a "threat" for Europe, European Central Bank (ECB) head Christine Lagarde said on Thursday.
The U.S. Securities and Exchange Commission said on Thursday it charged Future FinTech Group CEO Shanchun Huang with fraud and disclosure failures.
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
The U.S. Food and Drug Administration (FDA) on Thursday classified the recall of certain respiratory masks made by ResMed as most serious as their use could cause major injuries or death.
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
UnitedHealth on Friday reported better-than-expected profit for the fourth quarter even as high demand for non-urgent medical procedures drove up costs for the healthcare conglomerate.
Australia provided personnel support to the U.S. and UK in their strikes against Houthi military targets in Yemen, Defence Minister Richard Marles said on Friday.
The Russian Foreign Ministry on Friday called a U.S. plan to confiscate up to $300 billion in frozen Russian assets to help rebuild Ukraine "21st century piracy" and said Moscow
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
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.
Iran said on Friday it condemns the U.S.-Britain attack on Houthis in Yemen warning that it will fuel "insecurity and instability" in the region, Iranian state media reported.
The United States and Britain launched a series of strikes on Yemen on Thursday aimed at the Iran-backed Houthi militia that started targeting international shipping in the Red Sea late
Budget hotel operator Wyndham Hotels & Resorts said on Thursday it has received a second request from the U.S.
Stellantis said on Friday its vehicle registrations in Europe rose 5.9% last year, giving the automaker an 18.4% market share in the region.
Italy declined to take part in U.S. and British strikes overnight against the Houthi group in Yemen, a government source said on Friday, explaining that Rome preferred to pursue a "