Traders appear increasingly confident that the U.S. Federal Reserve could start cutting interest rates as early as September.
The Biden administration said Friday that Israel’s use of U.S.-provided weapons in Gaza likely violated international humanitarian law but wartime conditions prevented U.S. officials from determining that for certain in specific airstrikes.
Federal Reserve Bank of Dallas President Lorie Logan said it’s still too early to think about lowering borrowing costs given disappointing inflation data in the first few months of the year.
NEW YORK/LONDON >> World stocks rallied today, led by surging European shares and a larger-than-expected rise in U.S. weekly jobless claims that buoyed interest rate cut hopes, while the dollar eased as the market awaits key inflation data next week.
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments, suggesting there may be few, if any, rate cuts this year. A major concern expressed by both Fed policymakers and
A gauge of American tourism overseas recently hit its highest level since 2005, when the U.S. dollar was also strong.
Entrepreneur, content creator and U.S. expat Jade Ventoniemi shares why she loves living in Finland, the world's happiest country.
Walmart may just be a pit stop for high-income consumers.
“As you know, the consumer is under pressure, especially the lower income households,” Tyson's Chief Growth Officer Melanie Boulden said.
Traveling to Sweden from New York to see Taylor Swift would cost about $1,300. That includes $300 for a concert ticket, $700 for a roundtrip flight, and $300 for a night at a four-star hotel, according to CNN.
Seventeen of 20 U.S. doctors stuck in Gaza have departed, with the physician known for saving Sen. Tammy Duckworth's life staying behind, a source familiar with the situation said. The 17 humanitarian aid volunteers were received by U.S. officials at the Kerem Shalom Crossing at the Israel border, the source said, after the U.S. Embassy in Jerusalem helped to facilitate their safe passage. Dr. Adam Hamawy, credited with saving the life of Duckworth, D-Ill., when she served in the Iraq War 20...
The Producer Price Index (PPI), a key inflation indicator that measures wholesale prices, increased by 0.5% last month in April, higher than the 0.3% Dow Jones estimate.