Latest Inflation News
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Stock market today: French shares surge as far right party takes lead in first round of election
Shares advanced on Monday in Europe, with the benchmark in Paris up 2.8% briefly after the far-right National Rally gained a strong lead in first-round legislative elections. Other European markets opened higher, while most Asian markets also gained. The euro rose,...
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Japan revises economic growth in 1Q downward, as latest data show sluggish demand and rising prices
BANGKOK (AP) — Japan revised its earlier estimates to show that its economy contracted at a 2.9% annual pace in the first quarter of the year, as meanwhile a survey by the central bank released Monday showed conditions remain sluggish. Analysts had expected the downward revision...
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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...
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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...
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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
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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...
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