Europe markets close higher; Richemont up 16% on quarterly results, boosting luxury sector
The mixed open for European stocks comes after global markets rallied on Wednesday after U.S. consumer price inflation came ...
European Shares Extend Gains On Rate Cut Bets
European stocks extended gains on Friday, after having hit their highest level in a month the previous day on the back of strong ...
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Wall Street rally loses steam as European luxury shares advance
Global equities mostly pushed higher on Thursday as strong earnings and inflation data reassured investors.On Wall Street, both the S&P 500 and Nasdaq pushed higher at the opening bell thanks to ...
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FTSE 100 Soars Amid Cooling Inflation and Upbeat Earnings
Britain's FTSE 100 reached an eight-month high with support from positive earnings reports and signs of easing inflation. This buoyancy has fueled optimism around potential rate cuts by central banks ...
Former senior adviser for Federal Reserve indicted on economic espionage charges
Prosecutors say John Harold Rogers worked with co-conspirators in China to steal trade secrets from the Fed's Board of Governors and Open Market Committee.
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Bank groups urge Bessent to tap Bowman for Fed vice chair
State banking associations across the country said that Michelle Bowman should be the Federal Reserve vice chair for supervision, not least because she already sits on the Fed board and could start ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.