Fed's Logan: inflation heading to 2%, too soon to cut rates
Dallas Federal Reserve Bank President Lorie Logan said on Thursday she believes inflation is still heading to the Fed's 2% target, although she can imagine "other paths" that
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Dallas Federal Reserve Bank President Lorie Logan said on Thursday she believes inflation is still heading to the Fed's 2% target, although she can imagine "other paths" that
Gap raised its annual sales forecast and its first-quarter results beat market expectations, boosted by strength in its Old Navy and Gap brands as Americans snap up its
British businesses are their most confident in eight years and their hiring plans are the strongest since 2017, according to a survey published on Friday that added to signs of a
A look at the day ahead in U.S. and global markets from Mike Dolan This week's bout of bond market anxiety eased a touch on Thursday, but investors wary of heavy sovereign debt sales and election
China is weighing a record fine for PricewaterhouseCoopers LLP (PwC) and suspending some of the auditor's local operations over its role in auditing troubled property developer China
-Miner BHP Group
Department store chain Kohl's cut its annual sales and profit forecasts after posting a surprise quarterly loss on weaker consumer demand for its apparel and footwear
UBS on Thursday announced a shake-up of its senior management, splitting its top wealth role between two executives who are both seen as potential successors to CEO Sergio
U.S. Steel Corp and Japan's Nippon Steel have received all regulatory approvals outside of the United States for their proposed $14.9 billion merger, the companies said on Thursday.
Dollar General warned on Thursday that customers would remain price sensitive throughout the year, hurting demand for its more profitable discretionary items, at a time
Thailand's manufacturing production index unexpectedly rose 3.43% in April from a year earlier, increasing for the first time in 19 months, helped by higher exports and tourism,
Toyota Motor's April global sales and production fell from a year earlier, hurt by an intense price war in China and a decline in Japan after a production stoppage of some models and
A look at the day ahead in European and global markets from Rae Wee The lack of fresh market moving catalysts on Thursday meant that the higher-for-longer rates narrative was here to stay, at least
Walmart said on Wednesday that a technical issue in mid-March resulted in the retailer overcharging customers at some stores in the United States.
Argentine analysts expect the country's central bank to again cut its benchmark interest rate following a bond tender set for Wednesday that is worth billions of dollars and
U.S. economic activity continued to expand from early April through mid-May but firms grew more downbeat about the future amid weakening consumer demand while inflation
Chevron shareholders on Wednesday re-elected all its 12 board directors, in a sign of support for the oil major at a time when it is caught in the regulatory crosshairs over its $53
American Eagle Outfitters on Wednesday missed Wall Street estimates for quarterly revenue as sticky inflation hurt demand for its apparel and accessories often sold at
California Public Employees' Retirement System's (CalPERS) CEO, Marcie Frost, said the agency plans to oppose Tesla Chief Executive Elon Musk's $56 billion pay package, CNBC reported on
A look at the day ahead in U.S. and global markets from Mike Dolan World markets wobbled on Tuesday, with benchmark bond yields and volatility gauges jumping to their highest in almost four weeks, as
Wall Street opened lower on Wednesday, with investors turning risk averse as concerns around the timing and scale of the Federal Reserve's interest rate cuts pushed Treasury yields higher
Goldman Sachs Asset Management's alternative investments platform said on Wednesday its latest fund had raised more than $20 billion for senior direct lending.
Thailand's central bank could adjust interest rates if the outlook for the economy and inflation changes, but rates are not a key factor for boosting the economy, a deputy governor
BHP Group said on Wednesday it did not intend to make a formal offer for Anglo American, walking away from its $49 billion takeover deal, after the London-listed rival refused to extend
Inflation in three German states inched up in May, preliminary data showed, suggesting that national inflation in Europe's biggest economy may rise slightly, although price growth