Traders on Friday tempered expectations for the Federal Reserve to start cutting interest rates in March after the U.S. government's monthly labor market report showed employers added more
New orders for U.S.-made goods increased more than expected in November amid a surge in demand for civilian aircraft, government data showed on Friday Factory orders rose 2.6%
The U.S. services sector slowed considerably in December, with a measure of employment dropping to the lowest level in nearly 3-1/2 years, a survey showed on Friday.
U.S. employers hired more workers than expected in December while raising wages at a solid clip, casting some doubt on financial market expectations that the Federal Reserve would
The latest government data on Friday showed the U.S. added 216,000 jobs in December, as the labor market settles back towards more normal levels following almost four years of upheaval
U.S. private employers hired more workers than expected in December, pointing to persistent strength in the labor market that should continue to sustain the economy.
Online spending by U.S. shoppers rose 4.9% during the 2023 holiday season, an Adobe Analytics report showed on Thursday, as intense promotions on items such as electronics and apparel, as
A look at the day ahead in U.S. and global markets from Mike Dolan A relatively soothing bond market reading of the Federal Reserve's latest meeting minutes has helped calm the new year horses, but
A look at the day ahead in Asian markets by Alden Bentley, Americas Breaking News Editor for Finance & Markets The early 2024 shake out continued on Wall Street, after having spilled over
Federal Reserve officials project the U.S. central bank will cut its benchmark overnight interest rate during 2024, but the timing and pace of the reductions in borrowing costs will depend
U.S. manufacturing contracted further in December, though the pace of decline slowed amid a modest rebound in production and improvement in factory employment.
Smith Douglas Homes is seeking a valuation of $1.08 billion in its U.S. initial public offering, the homebuilder said in a regulatory filing on Wednesday.
A look at the day ahead in U.S. and global markets from Mike Dolan A slight recalibration of interest rate cut hopes, background geopolitical jitters, a big week for U.S. labor stats and heavy new
There's not much time to get over the New Year's partying: the most closely watched U.S. economic release and key euro area inflation data are on the calendar this week, suggesting
U.S. property catastrophe reinsurance rates rose by as much as 50% on the key Jan. 1 renewal date, broker Gallagher Re said in a report on Tuesday, as reinsurers look to recoup
A look at the day ahead in U.S. and global markets by Samuel Indyk A rollercoaster 2023 that ended with an equity rally on hopes for rate cuts amid slowing inflation has extended into the first
U.S. equity funds attracted massive inflows in the week up to Dec. 27, bolstered by expectations of early rate cuts by the Federal Reserve as data showed that inflation cooled further in
Global equity funds attracted substantial inflows in the week through Dec. 27 as data showed U.S. inflation cooled further in November, cementing expectations that the Federal Reserve
The interest rate on the most common type of U.S. home loan fell for a ninth straight week this week to close out the year at their lowest level since May, according to data released
U.S. banks whose net interest margins (NIM) have been compressed due to higher funding costs are unlikely to see relief before the end of 2024 even if the Federal Reserve cuts rates,
Payroll services provider Paychex reported its slowest rise in quarterly revenue in over two years on Thursday, hurt by tepid spending by businesses and a slower pace of hiring, sending
The Indian government's chief economic advisor called in a paper published on Thursday for reforms to the way credit ratings agencies assign sovereign ratings, saying their
Annual U.S. inflation slowed further below 3% in November and underlying price pressures continued to abate, which could cement financial market expectations for an interest rate
NASA's Webb telescope detects traces of carbon dioxide on the surface of Pluto's largest moon
Microsoft revamps AI Copilot with new voice, reasoning capabilities
‘Comfortable, fun, familiar’: Why Microsoft is trying to turn its AI chatbot into a digital friend
US sanctions extremist West Bank settler group for violence against Palestinians
‘Significant escalation’: Jim Sciutto reacts to WH official’s claim Iran preparing missile attack on Israel
Israel carries out strikes in Beirut, southern suburbs, sources say
Ireland unveils 10.5 billion euro pre-election budget giveaway
Hoops powerhouse Gonzaga set to join rebuilt Pac-12
Shohei Ohtani and the MLB playoffs, a pairing the world will experience for the 1st time
‘Destiny was on us’: New York Mets and Atlanta Braves both head into the postseason after dramatic doubleheader