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The Fed's preferred inflation gauge, the personal consumption expenditures price index, is due on Thursday. The data indicate a stable labor market with low layoff activity. National statistics agency ...
An economy that keeps defying expectations and staying on track despite a series of hurdles and major uncertainties is giving ...
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. The ...
The number of Americans filing for jobless benefits inched up modestly last week as business continue to retain staff despite ...
World shares are mixed after U.S. stocks slipped, as doubts rose on Wall Street about whether the Federal Reserve will ...
Oil prices fell on Thursday as investors weighed the supply risks from U.S. President Donald Trump's push for a swift ...
The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its rate cuts in September.
"Uncertainty surrounding President Trump's tariff plans affect markets and the demand side. The other side of the coin is the rising supply given by OPEC+ alliance. So the mismatch between supply and ...
For the year, Xerox now expects revenue growth of 16% to 17% in constant currency, up from a prior outlook that called for low-single-digit growth. The company noted its revised outlook was boosted by ...
Spin Master reported a wider second-quarter loss as revenue fell due to pressure on U.S. retailers from tariffs. The Canadian toymaker reported a loss of $46.5 million or 46 cents a share, compared ...
The Fed kept rates steady, as most economists had expected, but struck a more hawkish tone, causing a mid-afternoon stock sell-off.
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