Traders bet on end to Fed rate hikes after April inflation data
(Reuters) -An April inflation reading on Wednesday that was more benign than expected disrupted the modest momentum that had been
2023-05-10 21:56
US inflation below 5% for first time in two years
Prices rose 4.9% over the 12 months to April, the latest figures show.
2023-05-10 21:23
US April CPI rise gives Fed little room for pivot soon
NEW YORK U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained
2023-05-10 21:20
Annual inflation cooled off slightly in April
Annual inflation continued its slow-but-steady deceleration in April, according to the latest Consumer Price Index released Wednesday.
2023-05-10 20:59
US consumer prices increase solidly in April
WASHINGTON U.S. consumer prices increased in April on higher gasoline costs and rents, while underlying inflation remained strong
2023-05-10 20:48
Inside White House meeting on debt ceiling: Intractable positions and no new ground
In a lengthy meeting at the White House Tuesday, leaders struggled to break any new ground on debt ceiling negotiations with a source familiar telling CNN that leaders repeated over and over again the same positions privately that have become a common refrain in public.
2023-05-10 20:23
Biden to hammer Republican budget cuts which target his student loan forgiveness plans
When President Joe Biden speaks at a community college in New York on Wednesday, he's expected to hit Republicans hard for budget cuts they are demanding as part of their bill to raise the debt ceiling.
2023-05-10 19:26
US airline passengers are getting increasingly frustrated. Here's why
North American travelers are unhappy with high ticket prices, staffing shortages and reduced routes, according to consumer research company J.D. Power's 2023 North American Airline Satisfaction Study.
2023-05-10 18:55
Africa Needs $700 Billion of Finance for Green Energy and Metals
Africa will need more than $700 billion in finance over the next decade to develop renewable power and
2023-05-10 18:49
Taiwan’s Banks Cut China Exposure to Record Low as Tensions Rise
Taiwanese banks have slashed their exposure to China to the lowest level in at least a decade as
2023-05-10 17:59
The Fed would look 'silly' if it declares victory over inflation now, warns billionaire investor David Rubenstein
Wall Street is betting the Federal Reserve will reverse course and begin slashing interest rates as soon as this summer. Billionaire David Rubenstein is warning that would be a mistake.
2023-05-10 17:58
Hong Kong Passes Law Barring Foreign Lawyers From Security Cases
Hong Kong legislators have granted the city’s leader the power to veto foreign lawyers from national security cases,
2023-05-10 16:29