Tag: economy
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...
Stock market today: Wall Street hangs near its records after Chinese stocks soar
NEW YORK -- U.S. stocks are hanging near their records Tuesday after Chinese stocks soared following a slew of moves by the Chinese...
The Fed sees its inflation fight as a success. Will the public eventually agree?
WASHINGTON -- With its larger-than-usual half-point cut to its key interest rate last week, the Federal Reserve underscored its belief that it's all...
EU pledges to loan Ukraine up to $39 billion to help rebuild its economy and power grid
KYIV, Ukraine -- The European Union pledged on Friday to lend Ukraine up to 35 billion euros ($39 billion) as part of a...