Business Highlights: Fed’s Powell notes easing inflation; Walmart ditches Musk’s X

[ad_1] ___ Fed’s Powell notes inflation is easing but downplays discussion of interest rate cuts WASHINGTON (AP) — Inflation is slowing steadily, but it’s too early to declare victory or…

Fed’s Interest Rate Hikes Are Probably Over, but Officials Are Reluctant to Say So

[ad_1] Updated Dec. 1, 2023 1:43 pm ET Federal Reserve officials are increasingly confident that they don’t need to keep raising interest rates to defeat inflation. But they aren’t ready…

Inflation’s Cooldown Gives the Fed Leeway

[ad_1] Nov. 30, 2023 11:29 am ET Sit down while you’re reading this: Fed policy makers made a dud prediction about how much inflation would cool at the tail end…

Oil wavers on weak demand outlook in US and China, Fed hedging

[ad_1] Oil prices wavered on Monday, as renewed concerns over waning demand in the United States and China, coupled with mixed signals from the U.S. Federal Reserve, kept markets uncertain.…

Bursa Malaysia ends lower in line with global markets

[ad_1] KUALA LUMPUR: Bursa Malaysia ended the week on a softer note in line with regional bourses, mirroring the global market downturn as the US Federal Reserve (Fed) chairman Jerome…

Stocks Snap Winning Streak After Powell Warns Inflation Victory Not Assured

[ad_1] The S&P 500’s shot at its longest winning streak since 2004 appeared within grasp for much of Thursday’s trading session. Then Federal Reserve Chair Jerome Powell and the Treasury…

European markets reverse losses as earnings boost sentiment

[ad_1] An Hour Ago AstraZeneca climbs after raising earnings forecast AstraZeneca shares climbed 2.8% on Thursday morning after the Anglo-Swedish pharmaceutical giant upped its annual earnings forecast and beat third-quarter…

European markets mixed as positive momentum stalls; UBS, Watches of Switzerland higher

[ad_1] Sanofi down 1.6% following report of French probe into possible market manipulation French prosecutors have opened a preliminary investigation into multinational pharmaceutical company Sanofi over possible market manipulation. A judicial source…

European markets mixed as positive momentum stalls; Watches of Switzerland up 8.5%

[ad_1] 58 Mins Ago Metro Bank nudges higher on first update after capital injection Shares of the U.K.’s Metro Bank were 2.8% higher at 9:30 a.m. London time after the…

Stocks, Bonds Extend Post-Fed Meeting Rally

[ad_1] The S&P 500, Nasdaq and Dow industrials all rose at least 1.7%. [ad_2] Source link