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...
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...
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...
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...
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....
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...
The yen slid to the weakest level in about 34 years against the dollar, prompting Japan’s strongest warning yet that it will take direct action to slow the decline if needed.The currency slipped 0.3...
Boeing Co.’s customers finally have what they’ve been after: a leadership shakeup at the planemaker.Days after top executives of major US airlines turned up the heat on Boeing’s board to get a handle...
From Zurich to London to Washington, the great inflation scare that gripped the world economy after the pandemic is suddenly no longer keeping central bankers up at night.Their confidence that raging...
Federal Reserve policymakers are largely sticking to their path of interest-rate cuts — for now — after hitting a bump on the road to low and steady inflation.The recent pickup in monthly inflation...