Stocks Drop After Fed Officials Cast Doubt on Rate Cuts
All 11 sectors of the S&P 500 fell.
Barkin says Fed would be 'smart' to take its time to cut rates due to persistent inflation
“No one wants another round of inflation,” Thomas Barkin said in a speech to home builders in Virginia, citing the strong U.S. labor market.
Oil Is Hitting Its Highest Level in Months-Just in Time for Summer Driving Season
Benchmark Brent crude oil futures rose 16% in 2024 to just under $90 a barrel, a level last breached in late October.
Biden Warns Netanyahu Over U.S. Support for Israel in Gaza War
Days after the deaths of seven aid workers, the president called for an immediate ceasefire with Israeli leaders.
Silver prices settle near a three-year high. A long bull market may be close behind.
Silver prices ended higher on Thursday, marking a sixth straight session of gains and a nearly three-year high.
Jobless claims climb to nine-week high of 221,000 - but there's no sign of worsening labor market
The number of Americans who applied for unemployment benefits last week rose to a nine-week high of 221,000. However, it remained at a fairly low level and there was no sign of any deterioration in the labor market.
U.S. trade deficit widens for third straight month in February
The U.S. international trade deficit widened by a seasonally adjusted 1.9% in February to $68.9 billion, the Commerce Department said Thursday. The deficit widened for the third consecutive month, and the imbalance was the largest since April last year.
Bird Flu Spreads to Cattle, Raising Fears on Farms
An avian influenza outbreak that has killed around 80 million birds has sickened dairy cows and temporarily reduced milk production.
Canada Goods-Trade Surplus Widens With Strongest Export Growth in Six Months
Canada’s global trade surplus widened more than expected in February as record gold shipments led to the strongest export growth in six months.
What's Wrong With the Economy? It's You, Not the Data
Many Americans believe that the economy and finances are worse than they really are.
(Ended) Dow Jones News
April 4, 2024 19:15 ET (23:15 GMT)
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