Solid US consumer spending pushes against hopes for hefty Fed rate cut
U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-
August 30, 2024U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground early in the third quarter and arguing against a half-
August 30, 2024An inflation measure closely tracked by the Federal Reserve remained low last month, extending a trend of cooling price increases that clears the way for the Fed to start cutting its key interest rate next month for the first time in 4 1/2 years
August 30, 2024Lithium Americas said on Friday that General Motors had agreed to delay an additional investment worth $330 million in the miner until the end of the year.
August 30, 2024Global bond funds attracted the biggest weekly inflow in six weeks in the seven days to Aug. 28, buoyed by heightened purchases of government bonds amid anticipation of a September Fed
August 30, 2024Intel's shares rose more than 3% in early trading on Friday, as a report of the struggling chipmaker exploring options that could include a merger or a split induced some investor
August 30, 2024Strong growth for stocks on Wall Street this year have helped juice gains for savers with retirement accounts
August 29, 2024Shares of Dell Technologies rose 4% on Friday, after robust demand for its artificial intelligence-powered servers prompted the company to raise its full-year earnings and revenue forecasts
August 30, 2024U.S. home prices will rise relatively modestly this year and next despite tight supply and expected U.S.
August 30, 2024Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised
August 30, 2024A top U.S. banking regulator has found that major lenders are in the early stages of assessing and managing the risks climate change poses to their
August 30, 2024A look at the day ahead in U.S. and global markets from Mike Dolan Record stock market highs have lit up across the world once again - though not yet for the usual suspects in the S&P500 and Nasdaq.
August 30, 2024China's mortgage loans dropped further at the end of June while property development loans picked up, central bank data showed on Friday, as authorities seeks to put a floor under
August 30, 2024Inflation is down in Europe
August 30, 2024Inflation in the euro zone fell to its lowest level in three years in August, setting the stage for a further cut in the European
August 30, 2024Thyssenkrupp's planned sale of its steel business is at risk over uncertainty following a leadership crisis at the unit, the
August 30, 2024Swiss stock market operator SIX Group is weighing options for its financial information unit, including potentially merging it
August 30, 2024Shares of China's biggest e-commerce companies - Alibaba, JD.com and PDD Holdings - were dumped earlier this week on worries about pressure on their margins after low
August 30, 2024The UK's main stock index hit over a three-month high on Friday, clocking gains for the topsy-turvy month, with real estate shares in the lead as interest rate-cut hopes
August 30, 2024European shares rose to an all-time high on Friday, closing a turbulent month on a bright note after a significant drop in euro zone inflation
August 30, 2024Euro zone inflation is falling as predicted, easing the risk that further rate cuts would derail disinflation, but the European Central Bank must become
August 30, 2024Major state-owned banks were buying dollars in China's onshore foreign exchange market on Friday to slow down a rising yuan, four people with knowledge of the matter said.
August 30, 2024ANZ, Australia's third-largest retail bank, has found no evidence that suspected misconduct by its employees during a 2023 government bond issuance had cost Australian
August 30, 2024Some Russian companies are facing growing delays and rising costs on payments with trading partners in China, leaving transactions worth tens of billions of yuan in limbo, Russian
August 30, 2024Less than a month after a Bank of Japan interest rate hike triggered the biggest selloff since 1987 of the bellwether Nikkei 225 Index, major market
August 30, 2024France's financial assets are stuck in a rut as a political stalemate and policy paralysis take hold, casting a shadow over the outlook for
August 30, 2024