U.S. Markets
LATEST NEWS FROM U.S. MARKETS
U.S. Markets
French economy flat in the first quarter, below forecasts -preliminary GDP
The French economy was flat in the first quarter of this year, slowing from the previous three months, as contributions from inventories were offset by a decline in contribu...
U.S. Markets
Warsh's impossible mission - Tame inflation and please Trump
Kevin Warsh sees Federal Reserve success as having no one talking about inflation. To achieve that, the Fed chair nominee will likely not get to please the president who appointed ...
U.S. Markets
Exclusive: Fed's Musalem says oil shock likely to keep core inflation near 3%, rates on hold for some time
High oil prices are likely to keep underlying inflation nearly a percentage point above the Federal Reserve's 2% target for the rest of this year, with the U.S. central bank likel...
U.S. Markets
Spat over oil price relief exposes strains in Germany's coalition
Germany's economy minister on Friday proposed higher tax breaks to commuters but dismissed proposals by the government's junior coalition partner for an energy windfall tax, stoki...
U.S. Markets
Fed's Goolsbee, Hammack say inflation is flashing 'orange,' or worse
Cleveland Federal Reserve President Beth Hammack and Chicago Fed President Austan Goolsbee both see inflation as a far bigger problem than employment, underscoring their support fo...
U.S. Markets
NY Fed says March supply chain pressures highest since start of 2023
Supply chain pressures heated up in March to levels last seen at the start of 2023, data released by the Federal Reserve Bank of New York said on Monday.
U.S. Markets
Italy's central bank cuts growth forecasts, lifts inflation estimates in blow to PM Meloni
The Italian economy will grow by 0.6% this year and 0.5% in 2027, the country's central bank said in a report on Friday, cutting its previous estimates while also hiking forecasts...
U.S. Markets
World food price rise set to continue if Iran war lasts, FAO says
World food prices climbed in March to their highest level since September last year and could rise further if the Middle East conflict that pushed up energy prices continues, the ...
U.S. Markets
Energy-price surge will work through economy slowly, Fed's Williams tells Fox Business
Federal Reserve Bank of New York President John Williams said monetary policy is “well positioned," as he expects surging energy prices will take some time to affect the economy.
U.S. Markets
US fixed 30-year mortgage rate rises to 6.46% amid Iran war
The average rate on the most popular home-loan rate rose to its highest since early September, as the Iran war pushes up oil prices and fans inflation fears, lifting U.S. bond yi...
U.S. Markets
Aluminium jumps as supply fears deepen on Iran's attacks on Middle East plants
Aluminium prices rose sharply on Monday as market participants braced for a deeper supply shock after Iranian strikes over the weekend hit two of the biggest producers of the met...
U.S. Markets
LME aluminium nears four year peak after Iran attacks on Gulf smelters
Aluminium prices on the London Metal Exchange jumped 6% to close in on four-year highs on Monday after the Middle East's two largest producers of the metal sustained damage from ...
U.S. Markets
Bank of Spain raises economic outlook for 2026, trims it for 2027
Spain's central bank on Friday raised its outlook for economic growth this year to 2.3%, though it trimmed its forecast for 2027 over uncertainty from higher energy prices due to...
U.S. Markets
BlackRock CEO Fink warns of 'global recession' if oil goes to $150, BBC reports
BlackRock CEO Larry Fink said oil prices could reach $150 a barrel and cause a "global recession" if Iran "remains a threat" even after the war ends.
U.S. Markets
Why $100 oil won't break the American consumer
No one likes expensive oil, especially in the U.S., where driving, spending, and energy-intensive economic activity are on such a vast scale. But despite fears to the contrary, the...
U.S. Markets
Powell says 'stagflation' is a 1970s term, not what we face today
Federal Reserve Chair Jerome Powell said on Wednesday that the current U.S. economic situation, even with the Iran war-induced spike in energy prices was far removed from the "s...
U.S. Markets
Barclays expects Fed to push back rate cuts on inflation worries
Barclays economists said on Friday they were now expecting the U.S. Federal Reserve to push its first interest rate cut to September from June, citing a firmer inflation out...
U.S. Markets
Uruguay will push ahead with pivot away from dollar debt, says Finance Minister
Uruguay will push ahead with shifting its government debt away from the dollar and seek the broadest trade ties possible as the Latin American nation looks to boost growth, the cou...
U.S. Markets