News
US Fed set to hold rates steady again on cost hikes from Mideast war
4+ hour, 24+ min ago (783+ words) Republican Senator Thom Tillis had vowed to block Federal Reserve appointments until a probe into chairman Jerome Powell involving renovation costs is resolved US Federal Reserve Chair Jerome Powell's term at the helm of the central bank is set to…...
G7 ministers set to tackle financial fallout of Mideast war
3+ week, 6+ day ago (441+ words) Ministers from the G7 will hold talks on Monday to unpack the economic consequences of the war in the Middle East, the French government said, as oil and gas prices continue to soar. The United States and Israel launched strikes on…...
German exports drop in setback to fragile recovery
1+ mon, 2+ week ago (254+ words) Germany is a major exporter of cars German exports dropped faster than expected in January, official data showed Tuesday, the latest sign that the recovery in Europe's struggling top economy remains fragile. Exports slipped 2. 3 percent from the previous month to…...
Stocks slide as oil soars past $100 on Mideast war
1+ mon, 2+ week ago (663+ words) Oil prices have soared as the conflict has seen strikes on facilities across the Middle East Stock markets slumped as energy prices soared on Monday on supply disruptions from the Middle East war drove volatility and fanned inflation fears." Oil…...
Weekly Mortgage Rates Rise; Jobs Report Reflects Uncertain Economy
1+ mon, 2+ week ago (502+ 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…...
US retail sales decline as consumer pullback deepens
1+ mon, 2+ week ago (427+ words) Analysts attributed some of the depressed retail activity to severe winter storms that battered the United States in January US retail sales declined by 0. 2 percent in January, according to delayed government data released on Friday, missing some analysts' expectations amid…...
US Fed warns 'economic uncertainty' weighing on consumers
1+ mon, 3+ week ago (429+ words) The Federal Reserve has warned that the cost of tariffs -- a signature policy of President Donald Trump -- are increasingly being passed on to consumers The US Federal Reserve warned Wednesday that increased economic uncertainty was impacting consumer sentiment, as President…...
Iran war threatens Trump fight with inflation
1+ mon, 3+ week ago (641+ words) Economists expect US gas prices to rise following attacks on Iran and Tehran's retaliation US-Israeli strikes in Iran, and Tehran's retaliation, are set to trigger a surge in US gas prices with a potential knock-on inflationary hit that could pile…...
Stocks rise as all eyes on corporate earnings
2+ mon, 1+ week ago (624+ words) France's government on Thursday presented an energy plan to " Norwegian police said Thursday they had searched properties " Seoul led gains across most of Asia as tech firms rallied Stock markets advanced Thursday as traders digested a string of company earnings…...
Stocks rebound though tech stocks still suffer
2+ mon, 2+ week ago (635+ words) Shares in British-Australian miner Rio Tinto fell after it pulled out of talks to merge with Switzerland's Glencore Stellantis warned of a massive 22 billion euro write-down as electric vehicle demand failed to meet expectations US and European stock markets recovered…...