Stubborn inflation forces more Americans to live paycheck to paycheck
Inflation is a persistent problem The consumer price index, which measures the average change in prices for consumer goods and services, rose a higher-than-expected 8.3% in...
Stock sell-off deepens, Dow drops 800 points after hot inflation report
Stocks fell sharply on Tuesday after a key August inflation report came in hotter than expected, hurting investor optimism for cooling prices and a less...
Treasury yields in focus as investors await Fed conference
U.S. Treasury yields were higher on Wednesday, as investors digested a fresh batch of economic data and Treasury auctions. The yield on the benchmark 10-year...
Wall Street analysts bet on another commodity rally before year-end
Traders, brokers and clerks on the trading floor of the open outcry pit at the London Metal Exchange in London, U.K., on Monday, Feb. 28,...
S&P 500, Nasdaq fall Friday, but notch weekly gains after blowout July jobs report
Stocks wavered Friday in a volatile trading session after the July jobs report was much better than expected, as investors assessed what a strong labor...
Stocks churn as investors look ahead to Friday jobs report
[ad_1] Stocks wavered Thursday as traders awaited Friday’s July jobs report, which will give the latest snapshot on the labor market and the health of the economy. The...
Hong Kong’s Hang Seng up 2% as tech stocks jump, Alibaba rises 5% ahead of earnings
[ad_1] SINGAPORE — Asia-Pacific shares traded higher on Thursday following the rally on Wall Street and as investors move on from the tensions over U.S....
Biden’s economic approval rating falls to new low on fear about inflation, CNBC survey finds
US President Joe Biden departs Holy Trinity Catholic Church in Washington, DC, on July 17, 2022. Saul Loeb | AFP | Getty Images President Joe...
Euro continues to slide toward dollar parity — and could fall even further
A financial trader monitors data as a television shows euro currency banknotes at the Frankfurt Stock Exchange in Germany. Martin Leissl | Bloomberg | Getty...
US, UK, Europe, Japan will be in recession over next 12 months: Nomura
Many of the world’s leading economies will fall into a recession within the next 12 months as central banks move to aggressively tighten monetary policy...