Stock market today: Global shares mostly advance ahead of U.S. inflation report

TOKYO (AP) — Global 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. France's CAC 40 slipped 0.4% in early trading to 7,503.63, while Germany's DAX added 0.6% to 18,312.62. Britain's...

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...

The Czech central bank again cuts a key interest rate as inflation stays low and economy recovers

PRAGUE (AP) — The Czech Republic’s central bank on Thursday cut its key interest rate for the fifth time in a row as inflation remains low and the economy is showing signs of recovery. The cut, which had been predicted by analysts, brought the interest rate down by a...

Stock market today: Asian shares are mostly lower ahead of key US inflation report

BANGKOK (AP) — Shares fell Thursday in most Asian markets ahead of a key U.S. inflation report due Friday that might point the way ahead for interest rates. Benchmarks fell more than 1% in Tokyo, Hong Kong and Sydney. Oil prices and U.S. futures also declined. The...

Charitable donations continue to decline, down 2.1% in 2023, according to a new Giving USA report

Charitable giving dropped 2.1% in 2023 after inflation, according to the most recent Giving USA report, the key findings of which were released Tuesday. For years now, nonprofits have been worried about the decline in the number of Americans who give. This year’s Giving USA report...

Spain eliminates sales tax on olive oil to help consumers cope with skyrocketing prices

MADRID (AP) — Spain will temporarily eliminate the sales tax on olive oil to help consumers cope with skyrocketing prices, the government said Tuesday. Spain is the world’s leading producer and exporter of olive oil, but its cost for domestic consumers has risen dramatically due...