News

Dow Jones gains ground as equities turn optimistic post-PPI beat
The Dow Jones climbed around 200 points on Thursday as sentiment continues to improve. US PPI inflation eased faster than ...
Tariff-Related Inflation Fears Kept Consumers Spending in April
Key Takeaways Consumer spending grew 0.1% in April, maintaining a spending streak spurred by tariffs.Retail spending surged ...
Wholesale inflation shows biggest decline since 2020, but the good news is unlikely to last
Wholesale prices posted the biggest drop in April since the pandemic in 2020, but economists say the decline in inflation ...
CNN7h
Powell warns of more volatile inflation as latest data shows impact from tariffs
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
Inflation could be more volatile in future, Powell says
Recent economic trends point to the possibility that the Federal Reserve will have to grapple with sudden shocks to the ...
World shares are mostly lower after a mixed session on Wall Street
World shares and U.S. futures slipped Thursday after U.S. stocks drifted to a mixed close on Wall Street. Oil prices fell ...
World shares are mostly lower and oil prices drop $2 on hopes for a US-Iran nuclear deal
World shares are mostly lower while oil prices fell more than $2 as traders bet on a possible U.S.-Iran nuclear deal.
The Business Times17h
Asia: Stocks drop as fresh trade news awaited, oil down on Iran hopes
HONG KONG] Equities stuttered on Thursday as investors await fresh developments in trade talks, with US partners looking to ...