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Inflation surges to 4. 6% as fuel and housing costs climb, reinforcing rate hike outlook
3+ day, 15+ hour ago (708+ words) Australia's consumer price index (CPI) has accelerated sharply, rising 4. 6% in the year to March " its highest level since 2023 " as fuel and housing costs pushed living expenses higher. On a monthly basis, headline inflation climbed 1. 1%, driven largely by a surge in…...
Dow, S&P 500 slip as Fed holds rates, eyes turn to mega-cap earnings
3+ day, 29+ min ago (1309+ words) Wall Street closed Wednesday on a cautious note, with the Dow Jones and the S&P 500 pulling back after the Federal Reserve voted to hold interest rates steady. The Dow shed roughly 0. 6%, closing at 48, 862, while the S&P 500 edged just…...
Nasdaq leads Wall Street lower as chip stocks tumble, oil rises
4+ day, 5+ hour ago (1146+ words) This record is published on behalf of Must Grow Biologics Corp. , a paid client of Proactive In exchange for publishing services rendered by the Company on behalf of Must Grow Biologics Corp. named herein, including the promotion by the Company…...
Nasdaq, S&P 500 close at all time highs on Intel and Nvidia gains, but Dow drops
1+ week, 1+ day ago (910+ words) It was a mixed finish for Wall Street on Friday, with the Nasdaq and S&P 500 ending the session at record highs driven by gains for Intel and Nvidia, while the Dow Jones slipped. The Nasdaq added 1. 6% at 24, 836 points, as…...
Nasdaq recovery set to lead gains on Friday as Intel boosts tech sentiment
1+ week, 1+ day ago (275+ words) US futures point to a positive'start on Friday, with tech set to outperform as oil consolidates above $100 a barrel after President Donald Trump extended the Israel-Lebanon ceasefire by three weeks and said he would not rush negotiations with Iran. Nasdaq…...
UK economic pessimism slumps to record low as cost-of-living fears intensify
1+ week, 3+ day ago (382+ words) Optimism about the British economy has worsened to the lowest levels recorded in five decades, overtaking immigration as the public's biggest concern." Ipsos, which has tracked sentiment since 1978, found that almost eight out of 10 British adults, or 78%,"expect the economy…...
UK inflation jumps but Bank of England hikes seen off the table
1+ week, 3+ day ago (488+ words) UK inflation rose more than expected in March, driven by higher fuel, food and airfares, though economists say the Bank of England is unlikely to raise interest rates any time soon. Consumer price inflation accelerated to 3. 3% from 3. 0% in February, the…...
UK unemployment rate and wage growth fall to keep Bo E on sidelines
1+ week, 4+ day ago (401+ words) Office for National Statistics data showed a mixed picture for the UK labour market, with unemployment falling but signs of weaker hiring and wage growth slowing to the lowest in over five years. The unemployment rate dropped to 4. 9% in February…...
Iran war fallout to push Britain to brink of recession, Item Club warns
1+ week, 5+ day ago (311+ words) Britain's economy will flatline for two consecutive quarters this year and unemployment will suffer its worst rise since the pandemic as the fallout from the Iran war takes hold, according to a leading forecasting group. The Item Club, an independent…...
Dow Jones closes lower as markets digest inflation shock and mixed tech action
3+ week, 1+ day ago (880+ words) US stocks finished Friday's session mixed as investors reacted to new inflation data ahead of key peace talks this weekend between the US and Iran. The tech-heavy Nasdaq ended the day higher up 0. 4% at 22, 90, "while the Dow Jones fell 0. 6% to…...
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