News
Trump Fed chair pick to vow interest rate independence at key hearing
6+ hour, 53+ min ago (109+ words) Shelby News Financier Kevin Warsh (center) previously served as a Federal Reserve governor from 2006-2011 Kevin Warsh, US President Donald Trump's choice to lead the Federal Reserve, will stress his dedication to central bank independence on interest rates at a crucial…...
German factory orders rise in February but energy shock looms
1+ week, 5+ day ago (194+ words) Shelby News A petrol pump along the A43 motorway near Muenster, Germany. Rising energy prices are a huge burden for the country's power-hunger manufacturers German industrial orders rebounded in February due to strong overseas demand, data showed Wednesday, but officials warned…...
Rising restaurant prices put diners" habits under new scrutiny
3+ week, 5+ day ago (248+ words) Menu prices continued to rise in February across both full-service and limited-service restaurants. Over the past year, prices have climbed 4. 6% at full-service locations and. .. [Rising restaurant prices put diners" habits under new scrutiny]Read more The post Rising restaurant prices…...
German business morale falls as war puts recovery on ice: survey
3+ week, 5+ day ago (137+ words) Germany's energy-intensive manufacturers are more pessimistic due to the Mideast war, the Ifo institute says German business morale fell in March as the war in the Middle East puts hopes of a recovery in Europe's struggling top economy "on ice…...
Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy
1+ mon, 2+ week ago (187+ words) US and Ecuadoran forces conducted joint strikes inside Ecuador as part of ongoin" Risks for the US economy grow as the war in the Middle East " Mortgage rates increased this week following news of a new war in the Middle…...
China sets lowest growth target in decades as consumption lags
1+ mon, 2+ week ago (238+ words) China is staging its annual 'Two Sessions' conclave of political meetings in the Great Hall of the People to set economic and social targets for the year ahead China set its lowest annual growth target in decades as it tackles…...
March Mortgage Outlook: Lower Rates Ahead
1+ mon, 2+ week ago (280+ words) Shelby News We're seeing interest rates on 30-year, fixed rate mortgages start with fives for the first time in three-and-a-half years, and rates' downward trajectory is likely to continue in March. I'm not anticipating any major moves " just a continuation…...
WTO chief urges China to shift on trade surplus
2+ mon, 1+ week ago (168+ words) Chris Paul, a 12-time NBA All-Star point guard, announced hi" The US Justice Department sued Harvard on Friday demanding i" WTO Director-General Ngozi Okonjo-Iweala at the WEF summit in Davos The head of the World Trade Organization on Friday urged…...
Tech shares pull back ahead of US inflation data
2+ mon, 1+ week ago (114+ words) Stocks diverge as all eyes on corporate earnings'Shelby News Seoul led gains across most of Asia as tech firms rallied Investors are awaiting Friday's consumer price inflation (CPI) data for January for further clues on potential rate cuts Wall Street…...
Stocks mixed as muted US retail sales spur caution
2+ mon, 1+ week ago (187+ words) Investors are looking ahead to a range of US data this week including on inflation, retail sales and jobs Global stocks moved without direction Tuesday as traders assessed mixed'company earnings and the outlook for the tech sector ahead of key…...