Recent government data have shown further progress on trimming inflation closer to the Fed's 2% goal. Inflation in the U.S. hit a four-decade high in 2022, inspiring the U.S. central bank to institute ... ( read original story ...)
Stock markets diverge before Fed as China woes weigh
European and Asian stock markets diverged Monday as investors awaited the US Federal Reserve's first interest-rate cut since 2020, while worries over the Chinese economy dragged down sentiment. ( read original story ...)
Alibaba Shares Rise After Addition to China Stock Trading Links
Alibaba Group Holding Ltd.’s stock rose in Hong Kong after it was made directly accessible to investors in mainland China for the first time. ( read original story ...)
Stock Futures Struggle for Direction After Winning Week
Dow futures are up triple digits this morning, but Nasdaq futures are sharply lower Fresh off one of the best weeks of 2024, stock futures are all over the ... though the region’s Shanghai Composite, ... ( read original story ...)
Stock markets waver before Fed decision
US and European stock markets wavered on Monday as investors cautiously awaited the US Federal Reserve's first interest-rate cut since 2020. ( read original story ...)
Authorities evacatuate more than 400,000 as typhoon Bebinca shuts down Shanghai
Chinese authorities evacuated more than 400,000 people in Shanghai as the most powerful typhoon in 75 years bore down closing airports and disrupting rail and road travel. ( read original story ...)
Typhoon hits Shanghai with 94-mph winds after 400,000 people were evacuated
The strongest typhoon to hit Shanghai since 1949 made landfall with powerful winds and rains after 400,000 people were evacuated. ( read original story ...)