The bump in the Federal Reserve’s path to lower inflation is looking more like a roadblock, throwing into doubt its plans for interest-rate cuts this year.The figures out Wednesday mark the third-...
Alfredo De Avila grows increasingly frustrated when his electricity bill arrives each month. Price gains for groceries and other household essentials have eased in the past year, but the rising cost...
10/04/2024
Warren Buffett’s Berkshire Hathaway Inc. is planning to sell yen bonds in the global markets, fueling speculation that the billionaire is weighing more investments in Japan.The US conglomerate...
09/04/2024
When oil jumped above $90 a barrel just days ago, military tensions between Israel and Iran were the immediate trigger. But the rally’s foundations went deeper — to global supply shocks that are...
08/04/2024
The European Central Bank insists it won’t take any cues from the Federal Reserve as it prepares to start cutting interest rates first — but its subsequent policy path may well be shaped by what...
05/04/2024
Federal Reserve Chair Jerome Powell signaled policymakers will wait for clearer signs of lower inflation before cutting interest rates, even though a recent bump in prices didn’t alter their broader...
04/04/2024
Gold held near a fresh record and silver hit a two-year high as two Federal Reserve officials said they still expect the US central bank to cut rates three times in 2024, buoying the outlook for the...
03/04/2024
US job openings were little changed in February from the prior month, suggesting labor demand is stabilizing at an elevated level.The number of available positions edged up to 8.76 million, mainly...
02/04/2024
Workers at Milwaukee’s Master Lock Co. factory stood to make $100,000 or more a year just a decade ago as they helped churn out the padlocks that secure America’s school lockers and backyard sheds....
29/03/2024
US Treasury Secretary Janet Yellen slammed China’s use of subsidies to give its manufacturers in key new industries a competitive advantage, at the cost of distorting the global economy, and said she...
28/03/2024