The number of Americans filing new claims for unemployment benefits increased to a 10-month high last week, suggesting the labor market was losing momentum and
June 28, 2024
U.S. producer prices unexpectedly fell in May amid lower energy costs, another indication that inflation was subsiding after surging in the first quarter.
June 28, 2024
The U.S. Federal Reserve may have just ducked out of the presidential campaign spotlight with a fresh set of forecasts showing no interest rate cuts are likely until after Election Day.
June 28, 2024
A look at the day ahead in markets from Dhara Ranasinghe. It's back to the markets versus the U.S. Federal Reserve.
June 28, 2024
UBS Global Research said it now expects the Federal Reserve to start cutting interest rates in December instead of September, while Goldman Sachs and Morgan Stanley continue to expect the
June 28, 2024
Soft landing hopes that have powered U.S. stocks this year received a boost following encouraging inflation data and a nod from the Federal
June 28, 2024
U.S. stocks hung around their record levels as Wall Street remained relatively quiet following another slide in Europe
June 14, 2024
By Michael S.
June 28, 2024
U.S. import prices fell for the first time in five months in May amid lower prices for energy products, providing another boost to the domestic inflation
June 28, 2024
The Federal Reserve announced Friday it had ordered Evolve Bancorp Inc to bolster its risk management programs around fintech partnerships as
June 28, 2024
U.S. equity funds observed heavy outflows in the seven days through June 12 as some investors booked profits and exercised caution ahead of the Federal Reserve's policy decision.
June 28, 2024
Investors dumped U.S. value stocks and bought growth stocks in the week to Wednesday, according to BofA Global Research, a period marked by cooler than expected inflation data that
June 28, 2024
Minneapolis Federal Reserve President Neel Kashkari on Sunday said it's a "reasonable prediction" that the U.S. central bank will cut interest rates once this year, waiting
June 28, 2024
A gauge of global stocks rose for the first time in three sessions on Monday, powered by a rally in U.S. equities, while U.S.
June 28, 2024
The U.S. Federal Reserve would be able to cut its benchmark interest rate once this year, Philadelphia Fed President Patrick Harker said on Monday, if his economic forecast plays out.
June 28, 2024
The S&P 500 and Nasdaq scored record closing highs on Monday as technology shares rallied on enthusiasm over artificial intelligence ahead of this week's economic data and
June 29, 2024
The dollar eased against the euro on Tuesday after retail sales data indicated signs of exhaustion among U.S. consumers, boosting the case for Federal Reserve
July 01, 2024
A gauge of global stocks advanced for a second straight session on Tuesday and U.S.
July 02, 2024
U.S. retail sales barely rose in May and data for the prior month was revised considerably lower, suggesting that economic activity remained lackluster in the
July 01, 2024
Federal Reserve officials, heartened by recent data, are looking for further confirmation that inflation is cooling and for any warning signs from a still
July 01, 2024
By Michael S.
July 01, 2024
The U.S. central bank should only start to cut interest rates after "months, and more likely quarters" of falling inflation, moderating demand and expanding supply, St.
June 18, 2024
Dallas Federal Reserve Bank President Lorie Logan on Tuesday said recent data showing inflation is cooling is "welcome news" but that the U.S. central bank can
July 01, 2024
New York City interim police commissioner says federal authorities searched his homes
Marxist Dissanayake leads early vote count in Sri Lanka's presidential election
Trial in daytime ambush of rapper Young Dolph 3 years ago to begin in Memphis
Hezbollah, Israel exchange heavy fire after deadly Israeli strike
Over 100 rockets fired from Lebanon into Israel, with some hitting near northern city of Haifa
At least 19 killed as methane leak causes explosion at eastern Iran coal mine, state TV reports
Japan PM hopeful Ishiba sees 'room' for corporate tax hike, Kyodo reports
Southwest Airlines warns staff of 'tough decisions' ahead, Bloomberg reports
GM to lay off about 1,700 workers at Kansas plant
White Sox lose 119th game to tie the AL record as the Padres win 6-2 behind 3 home runs
No. 1 Texas keeps rolling behind Manning and Blue and routs ULM 51-3 in last game before SEC play