Consumers expect inflation to slow down, a big win for the Fed
Shoppers inside a grocery store in San Francisco, California, U.S., on Monday, May 2, 2022. David Paul Morris | Bloomberg…
Video game giants had a miserable second quarter as the pandemic gaming boom hits a wall
A gamer plays on Sony’s Playstation 5 console at his home in Seoul. Yelim Lee | AFP via Getty Images…
Danger ahead: The U.S. economy has yet to face its biggest recession challenge
A person removes the nozel from a pump at a gas station on July 29, 2022 in Arlington, Virginia. Olivier…
Payrolls increased 528,000 in July, much better than expected in a sign of strength for jobs market
Hiring in July was far better than expected, defying multiple other signs that the economic recovery is losing steam, the…
Inflation figure that the Fed follows closely hits highest level since January 1982
An inflation gauge that the Federal Reserve uses as its primary barometer jumped to its highest 12-month gain in more…
European Central Bank action faces stiff early test as the economy teeters on the brink of recession
President of the European Central Bank (ECB) Christine Lagarde speaks during a news conference following the ECB’s monetary policy meeting,…
Sotheby’s Allowed a Stranger to Pick Up $4 Million Worth of Someone Else’s Diamonds. A Judge Says the Auction House May Be Liable
In a tangled tale of celebrity jewelers, political corruption, and bankruptcy, Sotheby’s may be left holding the bag for $4…
The race to replace Boris Johnson is wide open, and laying bare divisions in the Conservative Party
LONDON — The U.K.’s ruling Conservative Party has begun its race to find its next leader, and the country’s next…
Switzerland surprised markets with a rate hike. But Japan could cause a much more violent reaction
Japan’s national flag flies atop the Bank of Japan building on November 12, 2019 in Tokyo, Japan. Tomohiro Ohsumi |…
The market’s worst first half in 50 years has all come down to one thing
Traders on the floor of the NYSE, June 13, 2022. Source: NYSE A multitude of factors conspired to generate the…
Don’t get ‘sucked back in’: Fund manager says investors should learn from past bear markets
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 22, 2022. …
Rage, despair, tears fill streets across nation as thousands protest Roe reversal
Abortion rights demonstrators gather to protest in Raleigh, United States. Anadolu Agency | Anadolu Agency | Getty Images Reaction came…
Supreme Court overturns Roe v. Wade, ending 50 years of federal abortion rights
The Supreme Court in a 5-4 decision on Friday overturned Roe v. Wade, the landmark ruling that established the constitutional right to abortion in…
Powell tells Congress the Fed is ‘strongly committed’ on inflation, notes recession is a ‘possibility’
Federal Reserve Chairman Jerome Powell told congressional lawmakers Wednesday that the central bank is determined to bring down inflation and…
Here’s everything the Fed is expected to announce, including the biggest rate hike in 28 years
US Federal Reserve Chairman Jerome Powell speaks during a news conference in Washington, DC, on May 4, 2022. Jim Watson…
Editors’ Picks: 13 Events for Your Art Calendar This Week, From a Film About the Chelsea Hotel to a Show Celebrating Britney Spears
Each week, we search for the most exciting and thought-provoking shows, screenings, and events, both digitally and in-person in the…
Here’s everything Apple just announced: New MacBook Air, MacBook Pro, M2 chip, iPhone software and more
5 Hours Ago No comment from Tim Cook on whether supply lines in China are opening up CNBC’s Steve Kovach…
Investors set their sights on upcoming inflation report as the bear market rally falters
The stock market may try to regain its footing in the next few sessions, even as a fresh inflation report…