Stock markets surged Wednesday after data showed US inflation slowed in May, raising hopes the Federal Reserve will cut interest rates later this year. Wall Street’s...
China’s blue chips wobbled between gains and losses and were last up 0.1 per cent. (Representative image) 4 min read Last Updated : Jun 12 2024...
European shares opened higher on Wednesday, mirroring global sentiment as a soft U.S. labour market data firmed bets of a rate cut from the Federal Reserve,...
Investment firm Goldman Sachs has revised its outlook for Australian economic growth. When I say “revised”, it’s rejigged the numbers to what economists like to call...
The US Bureau of Labor Statistics said it inadvertently released Consumer Price Index data 30 minutes early on Wednesday.“In advance of today’s CPI and Real Earnings...
Here’s a post from my colleague David Taylor: The end of the cost-of-living crisis is now in sight, according to Treasury’s latest inflation forecasts. “So those...
Wall Street’s main indexes were set to open higher on Friday after a softer-than-expected jobs report revived hopes of the Federal Reserve cutting interest rates this...