Fed wants more confidence that inflation is moving toward 2% target, meeting...
Federal Reserve officials at their March meeting expressed concern that inflation wasn't moving lower quickly enough, though they still expected to cut interest rates at some point this year.At a meeting in which the Federal Open Market Committee again voted to hold short-term...
The ‘supercore’ inflation measure shows Fed may have a real problem...
US Federal Reserve Chair Jerome Powell attends a "Fed Listens" event in Washington, DC, on October 4, 2019.Eric Baradat | AFP | Getty ImagesA hotter-than-expected consumer price index reading rattled markets Wednesday, but markets are buzzing about an even more specific prices...
China’s commercial property segment is seeing some bright spots amid a...
Illuminated skyscrapers stand at the central business district at sunset on November 13, 2023 in Beijing, China.Vcg | Visual China Group | Getty ImagesBEIJING — China's commercial property sector is seeing pockets of demand amid an overall real estate slump.The capital city of...
Stocks making the biggest moves premarket: American Eagle Outfitters, Ally...
Check out the companies making headlines before the bell: American Eagle Outfitters — Shares popped 4% following an upgrade by JPMorgan to overweight from neutral. The firm cited the retailer's merchandising initiatives and operational changes for the call. Freeport-McMoRan —...
Hedge funds are selling stocks at the fastest pace in three months and stepping...
Hedge funds are dumping stocks at the fastest pace in three months as what's often called " the smart money " stepped up bearish wagers against equities amid the recent pullback. The professionals sold global stocks on a net basis for a second straight week last week, driven...