Tag: Financial markets
Top Fed official backs new rate cuts even if Trump tariffs materialize
WASHINGTON -- A top policymaker at the U.S. Federal Reserve said Wednesday that he still supports cutting interest rates this year, despite elevated...
Stock market today: Asian shares slip after Wall St slumps despite strong US economic data
HONG KONG -- Asian markets were mostly lower on Wednesday after shares slumped on Wall Street despite better-than-expected reports on the U.S. jobs...
How major US stock indexes fared Thursday, 1/2/2025
U.S. stock indexes slipped to start 2025. The S&P 500 fell 0.2% Thursday, marking its first five-day losing streak since April. The Dow...
Stock market today: Wall Street slips to kick off 2025 as Tesla drags
NEW YORK -- U.S. stock indexes are falling Thursday to start 2025.The S&P 500 was down 0.6% in afternoon trading after rising as...
Earnings growth uncertain as inflation and policy shifts weigh on corporate outlook
NEW YORK -- Wall Street expects corporate profits to have surged in 2024 and forecasts an even stronger jump for 2025.Companies still face...
China's manufacturing activity slows in December as trade risks grow
HONG KONG -- China's factory activity expanded at a slower pace in December, official data showed on Tuesday, despite recent stimulus measures and...