Tag: economy
Asian shares trade higher after Wall Street rise and Japan GDP data show growth
TOKYO -- Asian shares were mostly higher Thursday after the latest update on U.S. inflation came in almost exactly as economists expected, and...
Japan's economy grew last quarter on healthy consumer spending and business investment
TOKYO -- Japan’s economy grew at an annual rate of 3.1% in the April-June period, rebounding from the contraction in the previous quarter,...
Top official says Federal Reserve can't risk being too late with rate cuts
WASHINGTON -- A top Federal Reserve official warned Wednesday that the Fed needs to cut its key interest rate before the job market...
Home Depot trims guidance with anxiety about the broader economy up among contractors and homeowners
Home Depot's second-quarter sales rose slightly as the nation's biggest home improvement retailer benefitted from an $18 billion acquisition this spring, but customers...
Americans' refusal to keep paying higher prices may be dealing a final blow to US inflation spike
WASHINGTON -- The great inflation spike of the past three years is nearly spent — and economists credit American consumers for helping slay...
Asian shares are mixed, with Tokyo closed, as more tests for markets loom
BANGKOK -- Asian shares were mixed in calm trading on Monday ahead of big reports this week on the state of the U.S....