Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China

Asian stocks were mostly higher on Monday after Japan and China reported data reflecting relatively sluggish growth for Asia’s two largest economies. The euro rose after the far-right National Rally gained a strong lead in first-round legislative elections, while the Japanese yen...

Egypt, EU hold an investment conference to help Cairo battle inflation and foreign currency crisis

CAIRO (AP) — Egypt and the European Union on Saturday opened a two-day investment conference to advance the implementation of their strategic partnership agreement that includes a 7.4 billion-euro ($8 billion) aid package for the cash-strapped Middle Eastern nation. The March aid...

Stock market today: Stocks edge lower on Wall Street, ending a 3-week winning streak for the S&P 500

Stocks on Wall Street gave up early gains and finished lower Friday, ending a three-week winning streak for the S&P 500. A flurry of selling late in the day left the benchmark index 0.4% lower and in the red for the week. The Nasdaq composite fell 0.7%, while the Dow Jones...

Federal Reserve's preferred inflation gauge shows price pressures easing further

WASHINGTON (AP) — A measure of prices that is closely tracked by the Federal Reserve suggests that inflation pressures in the U.S. economy are continuing to ease. Friday's Commerce Department report showed that consumer prices were flat from April to May, the mildest such...

Federal Reserve's preferred inflation gauge shows price pressures easing further

Stock market today: Asian shares mostly rise ahead of U.S. inflation report

TOKYO (AP) — Asian shares gained Friday as traders looked ahead to a key report on inflation that could influence the Federal Reserve's next move on interest rates. Japan's benchmark Nikkei 225 jumped 0.9% in early trading to 39,711.93. Australia's S&P/ASX 200 rose 0.6% to...

Trump and Biden tangle over the economy in their opening exchange, trading barbs over inflation, jobs and tax policy

US SafeSport center asks for $10M more due to rising number of sex-abuse reports

The U.S. Center for SafeSport released its 2023 annual report Thursday, pointing to an ever-growing surge in abuse reports and the impact of inflation in claiming it needed a 40% increase in funding. CEO Ju’Riese Colón said the center needed an additional $10 million each year on...

How major US stock indexes fared Thursday, 6/27/2024

Stocks inched higher on Wall Street as markets wait for a key report on inflation. The S&P 500 edged up 0.1% Thursday. The Nasdaq composite added 0.3%, and the Dow Jones Industrial Average rose 0.1%. Walgreens Boots Alliance sank more than 22% after reporting results that fell...

US economic growth for last quarter is revised up slightly to a 1.4% annual rate

WASHINGTON (AP) — The American economy expanded at a 1.4% annual pace from January through March, the slowest quarterly growth since spring 2022, the government said Thursday in a slight upgrade from its previous estimate. Consumer spending grew at just a 1.5% rate, down from an initial estimate...