Fewer Americans applied for unemployment benefits last week as layoffs remain at historically low levels even as other signs that the labor market is cooling have surfaced
May 16, 2024
A look at the day ahead in European and global markets from Kevin Buckland The marquee markets event for the week is almost upon us, and needs little introduction: The outlook for U.S. interest rates
May 16, 2024
The euro zone economy rebounded in the first quarter from a mild recession as Germany returned to growth and expansion accelerated elsewhere, while inflation
May 15, 2024
U.S. labor costs increased more than expected in the first quarter amid a rise in wages and benefits, confirming the surge in inflation early in the year that
May 15, 2024
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome
May 15, 2024
Government borrowing costs across developed economies saw their biggest jumps in months in April, evidence that bond markets are not yet out of the woods when it comes to
May 15, 2024
The European Central Bank should start cutting interest rates in June if inflation continues its gradual decline as expected, European Central Bank policymaker Pablo Hernandez de
May 15, 2024
Asian shares are higher after U.S. stocks rallied to records on hopes that inflation is heading back in the right direction
May 15, 2024
A look at the day ahead in European and global markets from Ankur Banerjee: A data heavy session, headlined by euro zone inflation figures for April, awaits Europe in an action-packed week that got
May 15, 2024
Led by lower food and auto prices, inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as President Joe Biden’s re-election team
May 14, 2024
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view that price increases would soon start to cool again
May 14, 2024
German inflation rose slightly in April due to higher food prices and a smaller drop in energy prices than in previous months, preliminary data from the federal
May 14, 2024
Asian stocks have advanced after equities rose on Wall Street, with the Nasdaq composite hitting a record high
May 14, 2024
Richly valued U.S. stocks are leaving investors with little tolerance for disappointment, raising the stakes ahead of a week in which two more technology and
May 13, 2024
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year
May 13, 2024
Inflation is set to ease more slowly than previously thought, Russia's central bank said on Friday as it held its key
May 13, 2024
Asian shares are mixed in muted trading after U.S. stock indexes were little changed
May 13, 2024
The Bank of Japan kept interest rates around zero on Friday and highlighted a growing conviction that inflation was on track to durably hit its target of 2% in coming
May 12, 2024
The slightly alarming sight of a French leader calling on the European Central Bank to nuance its focus on inflation may be less dramatic than it first seems - but it
May 12, 2024
Consumer sentiment fell sharply in May to the lowest level in six months as Americans cited concerns about stubbornly high inflation and interest rates and fears that unemployment could rise
May 10, 2024
Unilever beat first-quarter sales forecasts on Thursday as the maker of Dove soaps and Hellmann's mayonnaise won back shoppers who had traded down to cheaper products during
May 10, 2024
The Federal Reserve's latest financial stability report was good news for anyone worried that a record run of interest rate hikes might overstress the banking system or
May 10, 2024
U.S. stocks coasted to the close of another winning week with a quiet, mixed finish
May 10, 2024
Inflation in key African economies will slow into next year but remain stubbornly high in Nigeria due to sporadic flooding and difficult terrain for the naira
May 10, 2024
The Bank of England is keeping its main U.K. interest rate at a 16-year high of 5.25% though it gave a broad hint that a reduction could be on the cards as soon as June as inflation is forecast to fall below target
May 09, 2024
The yen dropped against the U.S. dollar on Wednesday to its weakest since mid-1990 above the key 155 area, with markets alert to any signs of
May 09, 2024
Stress scenarios from Russia's economy ministry envisage GDP and real income growth almost grinding to a halt next year and the rouble diving from around 93 per
May 09, 2024
Germany slightly raised its forecast for economic growth this year on Wednesday and eased its inflation outlook, but its economy and finance ministers said structural changes were
May 09, 2024
Euro zone inflation could still prove stubborn so a European Central Bank rate cut in June will not necessarily be followed by further policy easing, Bundesbank President Joachim
May 08, 2024
Prices in Argentina have surged so dramatically in recent months that the government has multiplied the size of its biggest bank note by five — to 10,000 pesos, worth about $10
May 08, 2024
Standard Chartered has cut its forecast for Vietnam's economic growth this year to 6.0% from 6.7%, the bank said on Wednesday, citing lower-than-expected growth in the first quarter
May 08, 2024
The Bank of England will wait until next quarter to lower borrowing costs, according to median forecasts in a Reuters poll, although almost half of those
May 08, 2024
Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions,
May 08, 2024
Greece's economy will grow by 2.1% this year under a baseline scenario, the country's influential think tank IOBE said on Tuesday, revising down its previous estimate of 2.4% made in
May 08, 2024
More slack in Britain's labour market is needed to be confident that inflation will stay at 2%, Bank of England policymaker Jonathan Haskel said on Tuesday.
May 08, 2024
UK grocery price inflation fell for the 14th month in a row in April, partly driven by an increase in supermarkets' promotional activity, industry data showed on
May 07, 2024
British businesses recorded their fastest growth in activity in nearly a year this month, according to preliminary purchasing managers' data that points to a
May 07, 2024
A key measure of Japan's trend inflation slowed to 1.3% in March, marking the smallest year-on-year increase in 11 months, data showed on Tuesday.
May 07, 2024
The Bank of Japan is expected to project inflation will stay around its 2% target for the next three years in new forecasts due on Friday, signalling
May 07, 2024
European Central Bank officials are sticking to plans to cut interest rates multiple times this year, even as higher U.S. inflation delays a pivot to looser
May 07, 2024
The yen weakened on Monday to its weakest levels against the dollar since June 1990, with markets alert to any signs of intervention from the Japanese authorities to prop up the yen.
May 07, 2024
Mexico's economy is set to grow steadily after June's presidential election, in line with a decent performance in the United States, while the fiscal front
May 07, 2024
Federal Reserve officials may not raise interest rates when they meet in two weeks but neither will they say their 19-month drive to hike borrowing costs is
May 07, 2024
When the Bank of England's chief economist was asked to explain why its forecasting models had failed to anticipate runaway inflation, he sought to manage
May 07, 2024
Euro zone inflation is likely to decline further and the European Central Bank may cut interest rates if its long-standing price growth criteria are met, ECB President Christine
May 06, 2024
Hedge funds globally have turned the most bearish they've been on equities this year, a Goldman Sachs note said, as sticky inflation and renewed geopolitical
May 05, 2024
Progress on bringing down inflation has "stalled" this year, Chicago Federal Reserve President Austan Goolsbee said on Friday, becoming the latest U.S. central banker to drop
May 05, 2024
Concern about the rapidly rising U.S. government debt is partly behind recent surges in gold prices and bitcoin, even as the Treasury market so far remains relatively sanguine about the
May 04, 2024
U.S. equity funds suffered sharp outflows in the seven days to April 17 as investors anticipated prolonged restrictive interest rates amid stubborn inflation in a resilient U.S. economy.
May 04, 2024
The International Monetary Fund urged Asian central banks on Thursday to focus on domestic inflation and avoid tying their policy decisions too closely to
May 03, 2024
Finance chiefs from economies large and small are scrambling to keep pace with the Federal Reserve's rapid resetting of rate-
May 03, 2024
The nation’s employers pulled back on their hiring in April but still added a decent 175,000 jobs in a sign that persistently high interest rates may be starting to slow the robust U.S. job market
May 02, 2024
The Federal Reserve’s decision Wednesday to keep its benchmark rate at a two-decade high should have ripple effects across the economy
May 02, 2024
The number of Americans applying for unemployment benefits was unchanged last week and remains historically low as the labor market continues to show resiliency in the face of high interest rates and elevated inflation
May 02, 2024
U.S. jobs openings slid in March to the lowest level in more than three years, but stayed at historically high levels in a sign that the job market remains resilient in the face of higher interest rates
May 01, 2024
Workers and activists around the world are marking May Day with largely peaceful rallies against rising prices and calling for greater rights
May 01, 2024
Pay and benefits for America’s workers grew more quickly in the first three months of this year, a trend that could contribute to higher inflation and raise concerns about the future path of price increases at the Federal Reserve
April 30, 2024
A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed’s reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden’s re-election bid
April 26, 2024
Asian shares are mostly higher despite worries about the economic outlook and inflation in the U.S. and globally
April 26, 2024
U.S. economic activity expanded slightly from late February through early April and there were fears among firms that progress in lowering inflation would stall, a Federal Reserve survey
April 26, 2024
San Francisco Federal Reserve Bank President Mary Daly said on Monday there is no urgency to cut U.S. interest rates, with the economy and labor market strong, and
April 26, 2024
Federal Reserve Chair Jerome Powell and Vice Chair Philip Jefferson will make what are likely to be their last public comments before the U.S. central bank's
April 26, 2024
U.S. consumer sentiment ebbed in April while inflation expectations for the next 12 months and beyond increased, a survey showed on Friday.
April 26, 2024
A new form of sticker shock has hit American car buyers like Darin Davis.
April 26, 2024
By Michael S.
April 26, 2024
IMF chief Kristalina Georgieva on Thursday said higher U.S. interest rates were not great news for the rest of the world and could become a worry if they
April 26, 2024
Hot U.S. inflation data has put the Federal Reserve's debate over a first interest rate cut on a potential collision course with the presidential election
April 26, 2024
San Francisco Federal Reserve President Mary Daly said on Friday there is still "a lot of work to do" to make sure inflation is on track to the Fed's 2% goal, and there is "absolutely" no
April 26, 2024
Inflation in the euro zone is different to that in the United States, much as ECB President Christine Lagarde insists, but the bloc will
April 26, 2024
The Federal Reserve Bank of New York said on Monday that underlying inflation pressures weakened in February.
April 26, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper. Today marks the start of a new week, a new month, a new quarter and a new set of data to get investors going.
April 26, 2024
Citadel's hedge fund billionaire Kenneth Griffin told investors he expects the medium-term economic landscape will remain challenging, but more favorable for
April 26, 2024
After a stellar start to the year for stocks, investors are on guard for potential bumps in the second quarter as they gauge whether the Federal Reserve delivers
April 26, 2024
Federal Reserve Chair Jerome Powell says the central bank is not growing more tolerant of higher inflation even though the latest policymaker projections
April 26, 2024
By Michael S.
April 26, 2024
Runaway prices at U.S. fast-food joints and restaurants have made people skittish down the income ladder and executives at chains including
April 26, 2024
McCormick beat market expectations for first-quarter sales and profit on Tuesday, as consumer demand for its high-priced spices and seasonings held amid sticky inflation.
April 26, 2024
A look at the day ahead in European and global markets from Wayne Cole.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
U.S. stock index futures edged lower at the start of a holiday-shortened week on Monday, as investors look ahead to speeches from Federal Reserve officials and a key inflation marker later
April 26, 2024
Record cocoa prices and markets whipped around by inflation and geopolitics helped hedge funds using systematic strategies outperform their peers in the first
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
International Monetary Fund Managing Director Kristalina Georgieva warned on Thursday that central banks face growing political pressure to cut interest rates
April 26, 2024
A U.S. stock market perched at record highs received an encouraging message from the Federal Reserve, after the central bank
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan However the Federal Reserve spins it later, there's some relief in other G7 economies at least that the disinflation process hasn't
April 26, 2024
U.S. stock index futures ticked lower on Wednesday as investors awaited the conclusion of the Federal Reserve's meeting where the central bank is expected to keep borrowing costs unchanged
April 26, 2024
Global interest rates are in flux.
April 26, 2024
The U.S.
April 26, 2024
U.S. import prices increased marginally in February as a surge in the cost of petroleum products was partially offset by modest gains elsewhere, which bodes well for the
April 26, 2024
U.S. consumer sentiment and inflation expectations were little changed in March, a survey showed on Friday.
April 26, 2024
The week ahead is rammed with rate setting meetings by heavyweight central banks from the U.S. Fed to the Bank of England, from Switzerland and Norway to Mexico.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The dollar was firm on Friday and set to snap a three-week losing streak as hotter-than-expected U.S. inflation data stoked worries about when and by how much
April 26, 2024
U.S.
April 26, 2024
Stronger than expected producer prices and weaker-than-expected consumer spending reported Thursday did little to budge financial market bets on a June start to Federal Reserve interest-
April 26, 2024
U.S. producer prices increased more than expected in February amid a surge in the cost of goods like gasoline and food, which could fan fears that inflation was picking up again
April 26, 2024
Futures tracking Wall Street's main stock indexes advanced on Thursday as investors awaited a raft of economic data, including the producer
April 26, 2024
U.S. small business sentiment fell in February to the lowest level since May due to continued concerns around inflation, according to a report published on Tuesday
April 26, 2024
U.S. consumer prices increased solidly in February amid higher costs for gasoline and shelter, suggesting some stickiness in inflation that could delay an anticipated June
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Even as U.S. inflation missed forecasts again and Treasury debt yields reared up in reaction, AI-fueled Wall St stock indexes powered
April 26, 2024
By Michael S.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
No one expects the Federal Reserve to change interest rates at next week's policy meeting, but whether officials hold to their previous rate-cutting outlook
April 26, 2024
The dollar held broadly steady on Tuesday ahead of key U.S. inflation data due later in the day, while the yen firmed near a one-month high on mounting expectations
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The U.S. economy is not at the point where the Federal Reserve should reduce interest rates, Fed Governor Michelle Bowman said on Thursday, and while the
April 26, 2024
The Federal Reserve may finally have interest rate markets back in the palm of its hand - but it's surely casting a wary eye on effervescent stocks that seem oblivious
April 26, 2024
The dollar held steady on the yuan on Tuesday as markets digested a welter of policy statements out of China, while a rebound in Tokyo inflation seemed to take Japan a
April 26, 2024
U.S. manufacturers are struggling to regain momentum as the sector tries to pull out of the prolonged but shallow downturn, with any help from lower interest rates
April 26, 2024
U.S. manufacturing slumped further in February, with a measure of factory employment dropping to a seven-month low amid declining new orders.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan A new month and new stock market records are giving way already - underpinned by some relief on inflation, stabilising business
April 26, 2024
Federal Reserve Governor Adriana Kugler on Friday signaled she sees the elusive "soft landing" of falling inflation amidst a healthy labor market within reach for the U.S. economy, noting
April 26, 2024
By Michael S.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan February's extra 'leap year' day saw the yen jump to two-week highs on hawkish Bank of Japan noises and bitcoin surge again to within
April 26, 2024
U.S. stock index futures dipped on Thursday as investors refrained from making big bets ahead of key inflation data that could hold the key to the timing of interest rate cuts by the
April 26, 2024
An increase in U.S. inflation last month that was largely in line with expectations likely won't change the calculus for U.S. central bankers weighing when to deliver a first
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The Federal Reserve will likely need to start cutting its benchmark overnight lending rate later this year, Boston Fed Bank President Susan Collins said on Wednesday.
April 26, 2024
The U.S. dollar held firm on Thursday in the lead up to U.S. inflation data that could ruffle the interest rate outlook, while the yen found its footing after
April 26, 2024
Jif peanut butter maker JM Smucker topped Wall Street estimates for third-quarter profit, as demand for its high-priced pet food and pantry staples held amid a backdrop of price rises in a
April 26, 2024
U.S. stock index futures were rangebound on Tuesday as investors awaited a crucial inflation report and other economic data that would shape expectations for interest rate cuts from the
April 26, 2024
Kansas City Federal Reserve Bank President Jeffrey Schmid on Monday used a debut speech on policy to signal that he, like most of his central banking colleagues, is in no rush to cut
April 26, 2024
Asian shares struggled to advance on Tuesday, with slightly warmer-than-expected Japanese inflation putting investors on guard ahead of price data due in Europe
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Chastened interest rates markets are now inclined to doubt there will be any U.S. monetary easing in the first half of this year,
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
U.S. stock index futures were subdued on Monday after last week's scorching AI-driven rally as investors once again shifted their focus to the Federal Reserve's monetary policy path and
April 26, 2024
The dollar was on the front foot on Monday ahead of a packed week filled with key economic releases that will provide further clues on the global interest rate outlook
April 26, 2024
U.S. business activity cooled in February and there was encouraging news on inflation, with a measure of prices paid for inputs falling to the lowest level in nearly 3-1/2 years
April 26, 2024
Inflation data in January, with consumer and wholesale prices rising faster than anticipated, complicate upcoming U.S. central bank interest rate decisions,
April 26, 2024
The bulk of policymakers at the Federal Reserve's last meeting were concerned about the risks of cutting interest rates too soon, with
April 26, 2024
Climbing costs at HSBC have added to growing investor concerns about how big banks manage their expenses, putting executives under pressure to
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
U.S. consumer sentiment was little changed in February while one-year inflation expectations ticked up, a survey showed on Friday.
April 26, 2024
Traders of futures contracts tied to the Federal Reserve policy rate pared bets on Friday that the U.S central bank will start cutting interest rates in June after a government report
April 26, 2024
U.S.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The Federal Reserve bound itself to promises during the coronavirus pandemic that proved too constraining once inflation started to surge, forcing the U.S.
April 26, 2024
Hotter-than-expected inflation in January shows that the U.S.'s path back to 2% inflation "may be a bumpy one," Fed Vice Chair for Supervision Michael Barr
April 26, 2024
Persistent price rises by U.S. service sector businesses have underscored the stickiness of inflation and pushed back expectations for interest rate reductions in 2024,
April 26, 2024
Asian shares tracked a negative lead from Wall Street on Wednesday, while the dollar and Treasury yields jumped as traders pared back expectations for the pace and
April 26, 2024
As Treasury yields march higher, some investors are betting a resilient U.S. economy and moderating inflation can shield stocks from their
April 26, 2024
U.S. consumer prices increased more than expected in January amid rises in the costs of shelter and healthcare, but the pick-up in inflation likely does not change expectations
April 26, 2024
Federal Reserve policymakers will probably wait until June before cutting interest rates, traders bet on Tuesday, after a government report showed consumer inflation ran higher than
April 26, 2024
By Michael S.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Frenetic trading activity around artificial intelligence and chipmakers has tech heavy stock indexes from Wall St's Nasdaq to Japan's
April 26, 2024
U.S. small business sentiment fell to its lowest since May 2023 in January, according to a report published Tuesday, as labor costs and slowed sales squeeze bottom
April 26, 2024
European stocks opened higher on Monday and world stocks were steady at their highest in more than two years, as investors waited for U.S. inflation data due
April 26, 2024
U.S. monthly consumer prices rose less than initially estimated in December, revised government data showed on Friday.
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
If the drugs don't work, the dosage may be wrong.
April 26, 2024
Inflation and the U.S. presidential election will be the biggest drivers of global markets this year, while liquidity challenges are a growing focus, according to traders
April 26, 2024
A resilient economy and a possibly higher neutral rate of interest means the U.S.
April 26, 2024
Deutsche Bank no longer expect the U.S. economy to tip into recession this year, given cooling inflation and the labor market returning to a "better balance" without unemployment rising
April 26, 2024
Robust U.S. economic data is confronting investors with an unexpected question: whether strong growth can keep driving stocks higher even if the Federal Reserve
April 26, 2024
Federal Reserve policymakers seeking greater confidence that inflation is on track to their 2% goal were dealt a setback on Friday when new data showed
April 26, 2024
The International Monetary Fund on Tuesday edged its forecast for global economic growth higher, upgrading the outlook for both the United States and China -
April 26, 2024
U.S. prices rose moderately in December, keeping the annual increase in inflation below 3% for a third straight month, which could allow the Federal Reserve to start cutting
April 26, 2024
Federal Reserve policymakers have signaled they won't cut U.S. interest rates just yet; economists think they will wait until June, given ongoing strength in household
April 26, 2024
Kleenex tissue maker Kimberly-Clark missed expectations for fourth-quarter sales and profit on Wednesday as price-hike benefits soften, sending the company's shares down 4.6%.
April 26, 2024
San Francisco Federal Reserve Bank President Mary Daly on Friday said she believes the U.S. economy and monetary policy both are in a "good place," and the risks have grown more balanced
April 26, 2024
The Bank of Canada will wait until at least June to cut its key interest rate as price pressures remain sticky, according to a firm majority
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
U.S. producer prices unexpectedly fell in December amid declining costs for goods such as diesel fuel and food, suggesting inflation would continue to subside
April 26, 2024
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
April 26, 2024
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
April 26, 2024
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
April 26, 2024
The dollar held steady against peer currencies on Friday, as investors weighed higher-than-expected U.S. consumer price inflation against market bets that the Federal
April 26, 2024
U.S. small business sentiment rose for the first time in five months in December, a survey published on Tuesday showed, but hiring costs and ongoing concerns
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall St stocks shook off their new year torpor with the best day in almost two months on Monday - as tech fizzed again and
April 26, 2024
A look at the day ahead in Asian markets.
April 26, 2024
The dollar was steady on Wednesday in cautious trading ahead of U.S. inflation data due later this week that is likely to influence the Federal Reserve's policy
April 26, 2024
By Michael S.
April 26, 2024
LINTHICUM, Md.
April 26, 2024
U.S. manufacturers are still struggling to emerge from the prolonged slump that began in the middle of 2022 as the pandemic-driven surge in merchandise buying subsided
April 26, 2024
The dollar was trying to find a floor on Tuesday in holiday-thinned trade, pressured by signs that inflation in the world's largest economy is cooling that will likely
April 26, 2024
Asian stocks traded tentatively on Tuesday, while the dollar lurked near a five-month low as cooling U.S. inflation bolstered bets the Federal Reserve would cut
April 26, 2024
U.S. equity funds saw significant outflows in the week ended Dec. 20, as investors took profits ahead of a key U.S. inflation report and as enthusiasm over potential rate cuts diminished.
April 26, 2024
Traders on Friday stuck to the view that the Federal Reserve will start cutting interest rates in March after government data showed price pressures continued to cool last month, bringing
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street is zooming into year-end holidays cracking new records as global disinflation tailwinds lifted bonds and stocks across
April 26, 2024
The sharp rise in inflation that forced global central banks to drive up interest rates at the fastest pace in decades looks poised to continue to subside in coming months, though risks
April 26, 2024
A look at the day ahead in European and global markets from Wayne Cole.
April 26, 2024
World markets head into year-end on a "buy everything" high, with the Federal Reserve signalling it will switch to rate cuts in 2024, propelling stocks and gold higher.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan As Wall St waited optimistically for the Federal Reserve's latest nods and winks on future policy, Argentina took a
April 26, 2024
By Michael S.
April 26, 2024
Whether it's the "collective trauma" cited by the American Psychological Association (APA) or the bad "vibes" noted by internet analysts, there has been a
April 26, 2024
By Michael S.
April 26, 2024
Goldman Sachs forecasts the U.S.
April 26, 2024
The Federal Reserve’s last monetary policy meeting of 2023 and a U.S. inflation report in coming days should test a stock market rally that some view as
April 26, 2024
U.S.
April 26, 2024
U.S.
April 26, 2024
After their meeting five weeks ago, U.S.
April 26, 2024
U.S.
April 26, 2024
The labels "dove" and "hawk" have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan The best month of the year for U.S. stocks and bonds draws to a close on Thursday with investors bulled up by warm feelings about
April 26, 2024
By Ann Saphir and Michael S.
April 26, 2024
U.S. economic activity slowed from early October through the middle of November, while businesses reported inflation largely moderated and it was easier to hire workers, the Federal
April 26, 2024
By Michael S.
April 26, 2024
Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing
April 26, 2024
Dollar Tree trimmed its full-year sales forecast on Wednesday, signaling that persistent inflation was weighing on demand for non-essential products at its stores.
April 26, 2024
With a rosy picture of stock and bond gains next year now the running consensus, forecasters are managing an impressive leap of faith over three main assumptions -
April 26, 2024
Federal Reserve policymakers look increasingly comfortable closing out the year with interest rates on hold and the clock ticking on the timing
April 26, 2024
The Federal Reserve will need nearly four more years to cover a historic operating loss and start sending profits again to the U.S.
April 26, 2024
Economists who have studied employment during the recovery from the coronavirus pandemic agree that Black, Hispanic, and less-educated workers saw outsized
April 26, 2024
The pound rose on Friday nearing its highest in almost three months, lifted in part by a broad-based retreat in the dollar, but also by a rise in UK bond yields
April 26, 2024
The S&P 500 will end next year only about 3% higher than its current level, with a possible U.S. economic slowdown or recession among the biggest risks
April 26, 2024
Global inflationary forces are finally seeping into Japan's economy after decades of falling prices, forcing investors to radically rethink
April 26, 2024
Millions of "gig" workers may get missed every month in the U.S. government's employment report, a discrepancy with implications for how Federal Reserve
April 26, 2024
Improvements in labor supply that seem to occur as the overall job market gets tighter means Federal Reserve policymakers may need to worry less about inflation
April 26, 2024
A look at the day ahead in European and global markets from Wayne Cole.
April 26, 2024
The U.S. central bank must steer between the risk of doing too little and taking the fight against inflation too far, Federal Reserve Governor Lisa Cook said on Thursday, a
April 26, 2024
By Michael S.
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Ebbing oil prices are cheerleading this week's renewed optimism on U.S. disinflation - with retail soundings still perky into the
April 26, 2024
Investment funds have become voracious buyers of U.S. farmland, amassing over a million acres as they seek a hedge against inflation and aim to benefit from the growing
April 26, 2024
As families in the U.S. prepare to gather for their Thanksgiving dinners next week, food prices have largely flatlined for months, gasoline prices are about
April 26, 2024
The scale of the debt market reaction to October's U.S. inflation undershoot partly reflects sheer relief in what's now one of the biggest bond market bets of the
April 26, 2024
The battered yen was stuck near a three-decade low against the dollar on Tuesday, struggling to find a floor as the Bank of Japan's (BOJ) ultra-easy monetary policy
April 26, 2024
A look at the day ahead in U.S. and global markets from Mike Dolan Wall Street stocks' longest winning streak in two years - clocking seven straight daily gains - has been underscored by a slump in
April 26, 2024
Federal Reserve policymakers fresh from last week's decision to hold the policy rate steady are weighing strong economic data, some
April 26, 2024
Slowing U.S. job growth and cooling wage pressures may give Federal Reserve policymakers renewed confidence the U.S. economy is adjusting from the shock
April 26, 2024
U.S. worker productivity grew at its quickest pace in three years in the third quarter, depressing labor costs.
April 26, 2024
U.S. consumer confidence declined for a third straight month in October amid persistent worries about inflation, higher borrowing costs and the political environment, a survey
April 26, 2024
Federal Reserve policymakers have telegraphed no change to the current 5.25%-5.50% target range for short-term interest rates at their two-day meeting starting Tuesday.
April 26, 2024
Cooling inflation will likely keep the Federal Reserve on pause in coming months, traders bet on Friday, even as persistent underlying price pressures amid strong consumer spending kept some chance of
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
April 26, 2024
Asian shares tracked Wall Street futures higher on Friday as Amazon provided some welcome earnings relief, while bonds were able to sustain a rally amid signs U.S.
April 26, 2024
The labels “dove” and “hawk” have long been used by central bank watchers to describe the monetary policy leanings of policymakers, with a dove more focused on risks to the labor market
April 26, 2024
Investors looking toward U.S. corporate earnings growth to revive the rally in the benchmark S&P 500 may be disappointed as inflation remains volatile,
April 26, 2024
The chance for persistent inflation to keep interest rates higher and potential losses in the commercial real estate market are among the top concerns of
April 26, 2024
The U.S. 10-year Treasury yield briefly reached 5% for the first time since 2007, marking a fresh milestone in a relentless push higher for government borrowing costs.
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist. Another watershed day for U.S.
April 26, 2024
By Michael S.
April 26, 2024
Federal Reserve Bank of Atlanta President Raphael Bostic said on Thursday that controlling inflation is still the U.S. central bank's mission, although he did not say what that
April 26, 2024
Federal Reserve policymakers are signaling a pause in hiking interest rages for another couple months as they wait for a resolution of mixed signals: strong economic data, signs of
April 26, 2024
Minneapolis Federal Reserve Bank President Neel Kashkari on Tuesday said it has taken much longer than expected for inflation to come down, and it is "still too high."
April 26, 2024
Chicago Fed president Austan Goolsbee said it is "undeniable" that the slowdown in U.S. inflation is a trend rather than a momentary blip, despite a recent string of economic data showing
April 26, 2024
Wall Street's main indexes closed lower on Thursday after a U.S.
April 26, 2024
A look at the day ahead in U.S. and global markets by Samuel Indyk The minutes from the Federal Reserve's September policy meeting on Wednesday confirmed the central bank is watching the data closely,
April 26, 2024
A look at the day ahead in U.S. and global markets by Dhara Ranasinghe. Investors in U.S.
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
April 26, 2024
U.S. consumer prices increased in September amid higher costs for rent and gasoline, but underlying inflation is slowing, supporting financial market expectations that the Federal
April 26, 2024
High levels of inflation and increased costs of living are contributing to worldwide hunger, according to a survey of 16 countries commissioned by the humanitarian group
April 26, 2024
Domino's Pizza on Thursday missed market expectations for quarterly revenue, as higher menu prices and delivery charges discouraged inflation-weary consumers from ordering at the
April 26, 2024
Traders see a stronger chance the Federal Reserve will end up delivering another interest-rate hike this year, and keep rates higher for longer next year, after U.S. data on Thursday
April 26, 2024
Uncertainty around the path of the U.S. economy, including difficulties estimating the state of financial markets, potential oil price shocks, and the impact
April 26, 2024
A look at the day ahead in Asian markets from Jamie McGeever, financial markets columnist.
April 26, 2024
A look at the day ahead in U.S. and global markets by Amanda Cooper, editor, finance and markets breaking news Investors are always eager to get a look at the minutes from the Federal
April 26, 2024
With U.S. inflation down from its peak, the risk of raising interest rates too little no longer far outweighs the risk of raising rates too much, San Francisco Federal Reserve President
April 26, 2024
By Michael S.
April 26, 2024
Atlanta Federal Reserve Bank President Raphael Bostic on Tuesday said the U.S. central bank need not raise borrowing costs any further, and sees no recession ahead even as
April 26, 2024
By Michael S.
April 26, 2024
Bank for International Settlements General Manager Agustin Carstens on Sunday said it's "too early to say" how the newly erupted conflict in Israel will affect the global economy
April 26, 2024
U.S. gasoline prices are heading south and may hit $3 a gallon in many places in coming weeks with crude oil futures down $10 a barrel over economic fears and eroding
April 26, 2024
Online sales during the crucial U.S. holiday season are expected to rise 4.8% from a year earlier as retailers go all out to woo inflation-hit consumers with even bigger discounts and
April 26, 2024
(Reuters - Chicago Federal Reserve Bank President Austan Goolsbee says he sees no clear signals that the U.S. economy is veering off the "golden path" toward the Fed's 2% inflation goal and at the
April 26, 2024
A look at the day ahead in U.S. and global markets by Mike Dolan If markets had been hoping the Federal Reserve might be minded to push back against the relentless rise in U.S. bond yields, they've
April 26, 2024
Tensions between the West and China are rising, from tit-for-tat trade tariffs to tech rivalry and spying allegations.
April 26, 2024
A measure of inflation closely watched by the Federal Reserve has now averaged near the central bank's 2% target for the last three months, another step
April 26, 2024
Wall Street's main indexes ended higher on Thursday as investors assessed the latest batch of economic data and as a surge in
April 26, 2024
Underlying U.S. inflation moderated in August, with the annual rise in prices excluding food and energy falling below 4.0% for the first time in more than two
April 26, 2024
A look at the day ahead in U.S. and global markets by Mike Dolan With one eye on a key U.S. inflation update for August later on Friday, world markets limped to the end of a poor third quarter and
April 26, 2024
U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%.
April 26, 2024
Billionaire investor Bill Ackman said he believed 30-year interest rates would rise further, while his Pershing Square Capital Management hedge fund remains short on bonds, as he sees
April 26, 2024
By Michael S.
April 26, 2024
The dollar index eased from a 10-month high on Thursday but remained on track for a weekly gain, and investors stayed on guard for potential
April 26, 2024
Fewer Americans applied for unemployment benefits last week as the labor market continues to hold up despite higher interest rates imposed by the Federal Reserve in its bid to curb inflation
April 25, 2024
The U.S. economy is thought to have extended its surprisingly healthy streak at the start of this year, with consumers still spending freely despite the pressure of high interest rates
April 24, 2024
More than one-quarter of U.S. adults over age 50 say they expect to never retire and 70% are concerned about prices rising faster than their income
April 24, 2024
U.S. central bankers have kept their target for short-term borrowing costs in the 5.25%-5.50% range since last July, when they completed their 2022-2023 rate-hike campaign to combat soaring
April 22, 2024
Bank Indonesia will cut its key interest rate next quarter and again in the fourth quarter, later than previously expected, as inflation rises and the rupiah
April 22, 2024
Inflation in the U.K. fell to its lowest level in two and a half years in March after a further easing in food prices
April 17, 2024
Federal Reserve Chair Jerome Powell cautioned that persistently elevated inflation will likely delay any Fed rate cuts until later this year because “recent data have clearly not given us greater confidence” that price increases are under control
April 16, 2024
Federal Reserve Vice Chair Philip Jefferson suggested that the central bank’s key rate may have to remain at its peak for a while to bring down persistently elevated inflation
April 16, 2024
Asian shares have skidded following a slump on Wall Street after higher yields in the U.S. bond market cranked up pressure on stocks
April 16, 2024
Americans increased their spending pace in March at a better-than-expected pace from February, underscoring how shoppers remain resilient despite inflationary pressures and other economic challenges
April 15, 2024
Consumer sentiment about the U.S. economy has ticked down but remains near a recent high, with Americans’ outlook largely unchanged this year
April 12, 2024
U.S. producer prices rose in March from a year earlier at the fastest pace in nearly a year, offering more evidence that progress against inflation may have stalled this year and raising doubts about whether and when the Federal Reserve will start cutting interest rates
April 11, 2024
Markets are waiting to hear what European Central Bank President Christine Lagarde has to say about the timing of a first interest rate cut
April 11, 2024
Asian shares are mixed after U.S. stocks fell on worries that what seemed like a blip in the battle to bring down inflation is turning into a troubling trend
April 11, 2024
An eagerly awaited report Wednesday on consumer prices will show whether inflation is still easing, a trend the Federal Reserve will weigh in deciding when and by how much — or even whether — to cut interest rates this year
April 09, 2024
Asia stocks are mostly higher, with investors mainly focusing on a U.S. inflation report and what it means for interest rate cuts by the Federal Reserve
April 09, 2024
Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates
April 06, 2024
The American economy is thought to have added 200,000 jobs in March — a more-than-respectable increase though one that would mark a slowdown from February’s vigorous gain of 275,000 and last year’s monthly average increase of 251,000
April 04, 2024
Inflation has fallen again in Europe, to 2.4% in March
April 03, 2024
Many Americans are in a sour mood about the economy for one main reason: Prices feel too high
March 30, 2024
A measure of inflation that is closely tracked by the Federal Reserve slipped last month in a sign that price pressures continue to ease
March 29, 2024
It may not be too “appeeling,” but the price of some bananas are rising by a few cents
March 27, 2024
A study by an environmental scientist and the European Central Bank finds that food prices and overall inflation will rise as temperatures climb with climate change
March 21, 2024
Asian benchmarks are mostly higher after U.S. stocks rallied to records following the Federal Reserve's indication that it expects to deliver interest rate cuts later this year
March 21, 2024
The Czech Republic's central bank has cut its key interest rate for a third straight time amid falling inflation and an effort to help the economy
March 20, 2024
Price rises in the U.K. eased by more than anticipated in February, raising expectations that the Bank of England may start cutting interest rates in the next few months
March 20, 2024
The latest measures of U.S. inflation have turned out to be hotter than expected
March 19, 2024
Shares are mixed in Asia after the Bank of Japan hiked its benchmark interest rate for the first time in 17 years, ending a longstanding negative rate policy
March 19, 2024
Asian stocks have gained ahead of policy decisions this week by Japan's central bank and the Federal Reserve
March 18, 2024
Across the United States, many people are eagerly anticipating the Federal Reserve’s first cut to its benchmark interest rate this year: Prospective home buyers hope for lower mortgage rates
March 17, 2024
Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing
March 15, 2024
Asian stocks slumped on Friday, tracking tech-led declines on Wall Street overnight after hotter-than-forecast U.S. inflation knocked back bets for how soon and
March 15, 2024
Shoppers picked up their spending in February after a pullback the previous month, reflecting the mixed feelings Americans have in an economy where prices are up, but jobs are plentiful
March 14, 2024
Asian shares are mostly rising, encouraged by a record rally on Wall Street
March 13, 2024
Consumer prices likely rose last month at a pace that would exceed the Federal Reserve’s inflation target, underscoring why the Fed is being cautious as it considers when to cut interest rates and suggesting that inflation will remain a potent issue in President Joe Biden’s re-election race
March 11, 2024
The nation’s economy likely produced another month of healthy hiring in February, once again brushing aside the effects of high interest rates with unexpected ease
March 08, 2024
Europe's outburst of inflation is receding
March 07, 2024
Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion
March 06, 2024
Federal Reserve Chair Jerome Powell begins two days of testimony to Congress on Wednesday, with two issues likely to dominate the questions he'll face: When will the Fed start cutting interest rates, and by how much
March 05, 2024
An inflation gauge favored by the Federal Reserve increased in January, the latest sign that the slowdown in U.S. consumer price increases is occurring unevenly from month to month
February 29, 2024
Price increases for cars and trucks in the United States, which helped fuel inflation for nearly three years, are slowing and in some cases falling, helping cool overall inflation and giving frustrated Americans more hope of finding an affordable vehicle
February 27, 2024
Nigeria’s government employees and other union workers have begun a new nationwide strike that threatens to shut down key services while people are angry about soaring inflation and growing economic pain
February 27, 2024
This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago
February 26, 2024
Inflation has changed the way many Americans shop
February 24, 2024
Most brokerages have forecast a 25 basis points interest rate cut by the U.S.
February 23, 2024
Germany's businesses remain mired in pessimism despite a small uptick in the latest survey, as Europe’s largest economy struggles with shortages of skilled labor, slower global trade, and political squabbling
February 23, 2024
Japan’s exports have grown nearly 12% in January as shipments jumped in vehicles, auto parts and machinery
February 21, 2024
Asian shares are trading mixed on the second day Chinese markets are open after the Lunar New Year break
February 20, 2024
A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after years of gloom
February 16, 2024
Wholesale prices in the United States accelerated in January, the latest sign that some inflation pressures in the economy remain elevated
February 16, 2024
In Algeria, people have long relied on foreign currencies to buy imported items in short supply or finance their children's educations abroad
February 16, 2024
Both Japan and the United Kingdom said Thursday their economies weakened during the final three months of 2023
February 15, 2024
Asian shares have declined after disappointingly high U.S. inflation data sent shares sliding on Wall Street and raised prospects that interest rates will remain elevated for longer
February 14, 2024
Inflation may have fallen below a 3% annual rate last month, which would be the lowest level in nearly three years and a potentially significant milestone as the Biden administration seeks to bolster Americans’ views of the economy before the November elections
February 12, 2024
The Czech Republic’s central bank has cut its key interest rate for the second straight time in an effort to help the struggling economy
February 08, 2024
Turkey's new central bank chief says the work to tame inflation — namely through interest rate hikes — will continue “with determination.”
February 08, 2024
Noticeable pockets of Americans — renters, the poor and middle-income borrowers — are running up their credit cards balances, and increasing numbers are falling behind on their debts
February 02, 2024
The number of Americans filing for jobless benefits rose last week to the highest level in 11 weeks, though layoffs remain at historically low levels
February 01, 2024
Inflation is headed down in Europe
February 01, 2024
The Bank of England is expected to keep its main interest rate at near 16-year highs and indicate that lower borrowing costs aren't imminent because inflation is stuck too high for comfort
February 01, 2024
Asian shares are mixed after Wall Street fell to its worst loss since September as the Federal Reserve indicated cuts to interest rates are not imminent
February 01, 2024
The central bank is ‘really in risk management mode,‘ its chairman said.
February 01, 2024
Europe’s economy failed to expand at the end of 2023
January 30, 2024
The Federal Reserve’s preferred inflation gauge cooled further last month even as the economy kept growing briskly, a trend sure to be welcomed at the White House as President Joe Biden seeks re-election in a race that could pivot on his economic stewardship
January 26, 2024
Asian shares are mostly lower despite upbeat news on the U.S. economy, with Japan’s benchmark falling after the latest data showed inflation has been slowing faster than expected
January 26, 2024
The European Central Bank will likely keep interest rates unchanged Thursday
January 25, 2024
The nation’s economy grew at an unexpectedly brisk 3.3% annual pace from October through December as Americans showed a continued willingness to spend freely despite high interest rates and price levels that have frustrated many households
January 25, 2024
After an extended period of gloom, Americans are starting to feel better about inflation and the economy — a trend that could sustain consumer spending, fuel economic growth and potentially affect President Joe Biden’s political fortunes
January 24, 2024
The U.S.
January 23, 2024
Asia markets mostly advanced Friday after Wall Street recouped most of the week’s earlier losses and Japan reported slowing inflation, which may keep its ultra-low interest rates steady
January 18, 2024
European Central Bank head Christine Lagarde says cutting interest rates too soon could threaten Europe’s progress in battling the inflation that has ravaged the economy
January 17, 2024
Americans stepped up their spending at retailers in December, closing out the holiday shopping season and the year on an upbeat tone and signaling that people remain confident enough to keep spending freely
January 17, 2024
Treasury Secretary Janet Yellen is making an election-year pitch that the current state of the economy “vindicates” Democrats’ decision to pass a $1.9 trillion coronavirus pandemic response package back in 2021
January 17, 2024
A top Federal Reserve official said he's increasingly confident that inflation will continue falling this year back to the Fed’s 2% target level, after two years of accelerating price spikes that hurt millions of American households
January 16, 2024
Two important inflation indicators are trending in different directions. What gives?
January 11, 2024
The number of Americans applying for unemployment benefits inched down to its lowest level in nearly three months last week as the U.S. labor market continues to flex its muscle in spite of elevated interest rates
January 11, 2024
Higher energy and housing prices boosted overall U.S. inflation in December, a sign that the Federal Reserve’s drive to slow inflation to its 2% target will likely remain a bumpy one
January 10, 2024
The U.N. Food and Agriculture Organization says global prices for food commodities like grain and vegetable oil fell last year from record highs in 2022
January 05, 2024
Inflation is on the rebound in Europe
January 05, 2024
President Joe Biden's administration is providing $162 million to Arizona high-tech manufacturer Microchip Technology to support the domestic production of computer chips
January 04, 2024
America’s employers posted 8.8 million job openings in November, down slightly from October and the fewest since March 2021
January 03, 2024
A survey of factory managers in China shows manufacturing contracted in December in the latest sign the world's second-largest economy remains sluggish
January 01, 2024
The IPO market limped ahead in 2023 and analysts expect a steadier recovery ahead
December 28, 2023
More Americans applied for unemployment benefits last week, but not enough to raise concern about the labor market or broader economy
December 28, 2023
Mastercard SpendingPulse said Tuesday that holiday sales rose this year
December 26, 2023
The number of Americans applying for unemployment benefits rose slightly last week but still remained at historically low levels despite high interest rates
December 21, 2023
Asian shares have slipped after Wall Street slammed the brakes on its big rally following disappointing corporate profit reports and warnings that the market had simply gone too far, too fast
December 21, 2023
It was the most painful inflation Americans had experienced since 1981, when “The Dukes of Hazzard” and “The Jeffersons” were topping the TV charts
December 16, 2023
The Congressional Budget Office says it expects inflation to nearly hit the Federal Reserve’s 2% target rate in 2024, as overall growth is expected to slow and unemployment is expected to rise into 2025, according to updated economic projections for the next two years
December 15, 2023
President Joe Biden goes into next year’s election with a vexing challenge: Just as the U.S. economy is getting stronger, people are still feeling horrible about it
December 11, 2023
With inflation edging closer to the Federal Reserve’s 2% target, its policymakers are facing — and in some cases fueling — hopes that they will make a decisive shift in policy and cut interest rates next year, possibly as soon as spring
December 11, 2023
Inflation is slowing steadily, but it’s too early to declare victory or to discuss when the Federal Reserve might cut interest rates, Chair Jerome Powell said
December 01, 2023
Stocks gained ground on Wall Street as the market comes off its best month in more than a year
December 01, 2023
Slightly more Americans filed for jobless claims last week, but the overall number of people in the U.S. collecting unemployment benefits rose to its highest level in two years
November 30, 2023
Europeans are again seeing some relief as inflation dropped to 2.4% in November, the lowest in more than two years
November 30, 2023
The global economy, which has proved surprisingly resilient this year, is expected to falter next year under the strain of wars, still-elevated inflation and continued high interest rates
November 29, 2023
Asian shares are mostly higher ahead of the release of U.S. consumer inflation data
November 29, 2023
A key Federal Reserve official raised the possibility that the Fed could decide to cut its benchmark interest rate as early as spring if inflation keeps declining steadily
November 28, 2023
President Joe Biden has opened the first meeting of his supply chain resilience council by warning companies against price gouging and saying that his administration is working to lower costs for U.S. families
November 27, 2023
Federal Reserve officials concluded earlier this month that inflation was steadily falling and agreed to closely monitor incoming data to ensure that the pace of price increases would continue slowing toward their 2% target, according to the minutes of their meeting
November 21, 2023
Shares are mostly lower in Asia after Wall Street’s rally ran out of momentum
November 21, 2023
More Americans filed for jobless claims last week, and while the labor market remains broadly healthy, there have been recent signs that it may finally be cooling
November 16, 2023
Macy’s third-quarter sales declined as consumers remain cautious on their spending, but the results and its adjusted profit both topped Wall Street’s expectations
November 16, 2023
Americans cut back on retail spending in October, ending six straight months of gains, though the decline was partly driven by falling prices for both gasoline and cars
November 15, 2023
The European Union’s executive commission has lowered growth its expectations for this year and next, saying the economy “has lost momentum” as inflation discourages consumers and higher interest rates deter borrowing for purchases and investment
November 15, 2023
Inflation in the U.K. dropped sharply in October to its lowest level in two years largely because last year's steep rise in domestic energy bills dropped out of the annual comparison
November 15, 2023
Asian shares have retreated after Wall Street added a bit more to its big rally from a day before
November 15, 2023
Employers posted 9.6 million job openings in September, up from 9.5 million in August and a sign that the U.S. job market remains strong in the face of higher interest rates
November 01, 2023
Asian shares are surging after the U.S. Federal Reserve indicated it may not need to pump the brakes any harder on Wall Street and the economy
November 01, 2023
The Federal Reserve kept its key short-term interest rate unchanged for a second straight time but left the door open to further rate hikes if inflation pressures should accelerate in the months ahead
November 01, 2023
American consumers are feeling increasingly less confident these days as fears of an oncoming recession remain elevated
October 31, 2023
Asian shares are mostly higher after Wall Street advanced to claim back some of the ground it gave up in another losing month
October 31, 2023
The Federal Reserve is poised to leave its key interest rate unchanged at a time when the Fed faces an economy that has proved resilient but is nevertheless under pressure from surging interest rates, overseas turmoil and anxious investors
October 30, 2023
About two in three Americans say their household expenses have risen over the last year, but only about one in four say their income has increased in the same period
October 27, 2023
Asian shares have risen after the latest tumble on Wall Street
October 26, 2023
The European Central Bank has taken a break from interest rate increases
October 26, 2023
The nation’s economy expanded at a robust 4.9% annual rate from July through September as Americans defied higher prices, rising interest rates and widespread forecasts of a recession to spend at a brisk pace
October 26, 2023
An estimated 17 million households reported problems finding enough food last year
October 25, 2023
Asian shares are mixed after Wall Street wobbled to a mixed close as yields on U.S. Treasury bonds fell back after jumping above 5%
October 23, 2023
Federal Reserve Chair Jerome Powell said inflation remains too high and that bringing it down to the Fed’s target level will likely require a slower-growing economy and job market
October 19, 2023
Applications for U.S. unemployment benefits fell to their lowest level in eight months last week as businesses continue to retain workers despite elevated interest rates meant to cool the economy and labor market
October 19, 2023
Inflation in the U.K. held steady at 6.7% in September as easing food and drink price rises were offset by higher fuel costs for motorists
October 18, 2023
U.S. stocks mostly fell after getting pulled in opposite directions by competing waves of optimism and fear
October 13, 2023
The International Monetary Fund says Middle East economies are gradually recovering as external shocks from the war in Ukraine and global inflation fade
October 12, 2023
Measures of U.S. inflation barely declined in September, evidence that consumer price increases are grinding lower at a gradual pace
October 11, 2023
Federal Reserve officials regarded the U.S. economy’s outlook as particularly uncertain last month, according to minutes released Wednesday, and said they would “proceed carefully” in deciding whether to further raise their benchmark interest rate
October 11, 2023
U.S. wholesale prices rose last month at the fastest pace since April, suggesting that inflationary pressures remain despite a year and a half of higher interest rates
October 11, 2023
Germany's government says it expects the country’s economy to shrink by 0.4% this year
October 11, 2023
Asian shares are mostly higher as investors await the release of U.S. consumer price data and keep a cautious watch on the war between Israel and the Palestinian militant group Hamas
October 11, 2023
The International Monetary Fund warns that the world economy has lost momentum from the impact of higher interest rates, the invasion in Ukraine and widening geopolitical rifts
October 10, 2023
Two Federal Reserve officials have suggested that the central bank may leave interest rates unchanged at its next meeting in three weeks
October 09, 2023
Asian shares are mostly higher in cautious trading after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market
October 06, 2023
An unforeseen burst of hiring last month has lifted hopes that the economy will prove durable once again, even as an array of threats lie ahead
October 05, 2023
Asian shares are mostly higher in cautious trading after Wall Street drifted to a quiet close on worries about a too-hot U.S. job market
October 05, 2023
Treasury yields surged in September and sapped the energy from a strong stock market as investors came to terms with the likelihood that interest rates will remain high well into next year
October 04, 2023
An inflation gauge closely tracked by the Federal Reserve rose in August, boosted mainly by higher gas prices
September 29, 2023
Inflation has dropped sharply in Europe
September 29, 2023
Home loan borrowing costs climbed again this week, pushing the average long-term U.S. mortgage rate to its highest level in nearly 23 years, another blow to prospective homebuyers facing an increasingly less affordable housing market
September 28, 2023
The head of the European Central Bank says interest rates will stay high long enough to restrict business activity for “as long as necessary” to beat back inflation because upward pressure on prices “remains strong.”
September 25, 2023
The Bank of England has paused nearly two years of interest rate increases after a surprising fall in U.K. inflation eased concerns about the pace of price rises
September 21, 2023
Sweden’s central bank has raised its key interest rate, saying the “inflationary pressures in the Swedish economy are still too high.”
September 21, 2023
News of a soft landing may be premature.
September 21, 2023
Inflation in Britain fell unexpectedly in August to its lowest level since the start of Russia’s invasion of Ukraine
September 20, 2023
Asian shares are lower, tracking a slump on Wall Street after the Federal Reserve said it may not cut interest rates next year by as much as it earlier thought
September 20, 2023
The Federal Reserve left its benchmark interest rate unchanged for the second time in its past three meetings, a sign that it’s moderating its fight against inflation as price pressures have eased
September 19, 2023
Since Federal Reserve officials last met in July, the economy has moved in the direction they hoped to see: Inflation continues to ease, if more slowly than most Americans would like, while growth remains solid and the job market cools
September 18, 2023
Americans stepped up retail spending modestly from July to August as the price of gasoline jumped, cutting into budgets as many families send their kids off to school
September 14, 2023
U.S. wholesale prices increases accelerated in August, a sign that inflation remains stubbornly persistent despite a series of sharp interest rate hikes by the Federal Reserve
September 14, 2023
The number of Americans applying for unemployment benefits last week ticked up modestly after falling to the lowest level in seven months the week before
September 14, 2023
Shares are mostly higher in Asia after a highly anticipated report showed inflation accelerated across the U.S. in August, but not by much more than expected
September 13, 2023
China implies Trump could 'discard' Taiwan
Europe will pay a 'big price,' Trump warns on tariffs
Nine injured in Russian drone attack on Kyiv, Ukraine's officials say
Russia's deputy foreign minister meets China's foreign minister in Beijing, Russia's RIA reports
AP-NORC poll finds Democrats and Republicans split on Israel's responsibility for war's escalation
US economy seen shining on election eve amid robust consumer spending
Thai policy rate adequate to handle risks, central bank minutes from rate-cut meeting show
Volpe slam sparks comeback after Freeman homer, Yanks beat Dodgers 11-4 to force World Series Game 5
Filipino artist connects with his "Lola" through collaborative watercolors
Patriots, Revolution celebrate Halloween with children who have cancer