The Fed Still Needs a Few Months of Good Data to Cut Rates, Says a Governor
Governor Christopher Waller said the Federal Reserve's progress on tamping down price growth seems to be resuming.
Dow Edges Higher With Retail Earnings in Focus
Stock indexes were mixed, with the Dow inching higher after retreating from the 40000 mark on Monday.
Canada Inflation Up 2.7% in April, Rises at Slowest Pace in Three Years
Canadian inflation eased last month, resuming its decline to advance at the slowest pace in three years and leaving open the door for interest rates to be cut before summer.
JPMorgan's Consumer Business Is Doing Great. Its Customers Are Just OK.
The nation's largest lender sees borrowers trading down but still spending.
Singapore's MAS Steps Up Green Finance Partnership With China's Central Bank
Singapore's central bank separately announced plans to sell up to US$1.9 billion of sovereign bonds to fund environmental projects.
The Unlikely Stocks That Became a Hot Bet on AI
The staid utilities industry has become a top-performing sector.
China's Youth Unemployment Eased in April
China's youth unemployment rate declined in April, in what will likely be welcome news for Beijing as it steps up policy support for the economy.
Savings Account Rates Are Falling. Why Ally, Discover, and Others Are Paying Savers Less.
Online accounts have long been a refuge for people looking for the highest savings rates. Here's why some banks are pulling back.
Janus Henderson Takes Big Swing on Australian REITs
Janus Henderson is significantly overweight on Australian REITs in its fixed-interest portfolios, building positions in Dexus, GPT and Vicinity Centres because of their low gearing.
How China Is Beating the West in the Minerals War
Despite years of efforts by the West to make a dent, Chinese mining companies are becoming more dominant, not less.
(END) Dow Jones Newswires
05-21-24 1115ET