Tag: economy
Stock market today: Oil prices jump again on worries about the Middle East as Wall Street fades
NEW YORK -- Crude prices jumped Thursday on worries that worsening tensions in the Middle East could disrupt the global flow of oil,...
Fed Chair Powell says the US economy is in 'solid shape' with more rate cuts coming
WASHINGTON -- Federal Reserve Chair Jerome Powell signaled Monday that more interest rate cuts are in the pipeline, though their size and speed...
China factory surveys show economy weakening, as Beijing steps up support
China's economy weakened further in recent weeks, surveys released Monday showed, signaling the need for support as the government ratchets up stimulus. The...
Fed's favored inflation gauge shows cooling price pressures, clearing way for more rate cuts
WASHINGTON -- The Federal Reserve's preferred inflation measure on Friday provided the latest sign that price pressures are easing, a trend that is...
Australian treasurer welcomes Chinese efforts to stimulate economy during Beijing visit
BEIJING -- Australian Treasurer Jim Chalmers on Friday welcomed Chinese efforts to stimulate its slowing economy, noting that its recent weakness has hurt...
China redoubles first-aid for its economy with support for banks and workers
China is redoubling its first-aid for its economy, targeting banks, workers and poor families as the ruling Communist Party prepares to mark the...