S&P 500 Snaps Two-Day Losing Streak
Powell said the Fed remains unchanged in its expectation that strong economic conditions will justify lowering interest rates this year.
Powell Still Sees Room for Fed to Cut Rates This Year
The Fed’s chairman said stronger-than-expected economic activity did not change the Fed’s expectation that lower inflation would allow it to cut interest rates.
Strong Australian Services Sector Growth A Headache For RBA
Activity in Australia’s services sector remains strong, sure to alarm the Reserve Bank of Australia as it continues its fight to ease inflationary pressures.
Oil, gold and the dollar are surging. Here's why that could derail the Fed's rate-cut outlook.
Market strategists say a global economic recovery is fueling a ferocious rally in commodity prices in 2024, threatening to derail the Federal Reserve’s efforts to rein in inflation and delay interest rate cuts by mid-year. The path forward may become unclear.
Baltimore Bridge Collapse Triggers Extensive, Costly Logistics Diversions
Motor carriers are relocating to new ports as some container shipping companies pass on additional shipping costs to their customers.
U.S. economy expanded in March at slightly slower speed, ISM shows. Inflation cools a bit.
A measure of business conditions for service-oriented companies fell to a three-month low in March, but it still showed much of the U.S. economy is in expansion mode.
U.S. Crude Oil Stockpiles Rose by 3.2 Million Barrels Last Week
U.S. crude oil inventories unexpectedly rose last week, and gasoline and diesel inventories fell more than expected as refinery capacity utilization declined.
Private-sector hiring in March was U.S.'s strongest in eight months: ADP
U.S. companies added 184,000 new jobs in March, the largest employment increase since July, payroll company ADP said Wednesday.
Gold Shows 'Unprecedented Strength' in Record Rally
Precious metals have avoided the recent stock market selloff. Does Larry still have legs?
Eurozone Inflation Cools, Setting Stage for June Rate Cut
The euro zone’s annual inflation rate fell for the third consecutive month in March, a surprise that raised the possibility that the European Central Bank will cut its key interest rate in June.
(Ended) Dow Jones News
April 3, 2024 21:15 ET (01:15 GMT)
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