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US jobs report for April will likely point to a slower but still-strong pace of hiring
WASHINGTON (AP) — The American economy likely delivered another solid hiring gain in April, showing continuing durability in the face of the highest interest rates in two decades.
Confidence of US consumers continues to decline as Americans worry about the future
WASHINGTON (AP) — U.S. consumer confidence deteriorated for the third straight month as Americans continue to fret about their short-term financial futures with prices and interest rates still elevated.
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Stock market today: Asian benchmarks mostly climb despite worries about US economy
TOKYO (AP) — Asian shares mostly rose Friday despite worries about the economic outlook and inflation in the U.S. and the rest of the world.
IMF's Georgieva says there's 'plenty to worry about' despite recovery for many economies
WASHINGTON (AP) — The head of the International Monetary Fund said Thursday that the world economy has proven surprisingly resilient in the face of and the shock of war in , but "there is plenty to worry about,'' including stubborn inflation and rising levels of government debt.
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China's exports tumble 7.5% in March and imports also fall as demand slows
HONG KONG (AP) — China’s exports contracted in March after growing in the first two months of the year, underscoring the uneven nature of the country's recovery from the pandemic.
U.S. stocks soar above global markets, giving investors solid path for growth
NEW YORK (AP) — U.S. markets are far outpacing their global counterparts in 2024, continuing a decade-long trend of strong growth compared with the rest of the world.
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When will Fed cut rates? As US economy flexes its muscles, maybe later or not at all
WASHINGTON (AP) — Ever since the Federal Reserve signaled last fall that it was likely done raising interest rates, Wall Street traders, economists, car buyers, would-be homeowners — pretty much everyone — began obsessing over a single question: When will the Fed start cutting rates?
ASEAN finance leaders end meetings in Laos, pointing to challenges from geopolitics, volatile prices
LUANG PRABANG, Laos (AP) — Southeast Asian economies are gaining ground as tourism and exports recover from the shocks of the pandemic, but geopolitical tensions and volatile commodity prices still pose serious risks, regional financial leaders said Friday.
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IMF confirms increasing Egypt's bailout loan to $8 billion
CAIRO (AP) — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy which is hit by a staggering shortage of foreign currency and soaring inflation.
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US consumers remain confident, but their feelings about the near future is a bit more cloudy
U.S. consumer confidence held steady this month even as Americans wrestle with higher prices and feel less optimistic about the short-term future.
IMF says the economic situation in debt-stricken Sri Lanka is gradually improving
COLOMBO, Sri Lanka (AP) — The economic situation in debt-stricken Sri Lanka has started to gradually improve following its worst economic crisis two years ago, the International Monetary Fund said Thursday.
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Stock market today: Asian stocks gain ahead of US and Japan rate decisions
HONG KONG (AP) — Asian stocks advanced Monday ahead of policy decisions this week by Japan’s central bank and the Federal Reserve.
US consumer sentiment ticks down slightly, but most expect inflation to ease further
WASHINGTON (AP) — Consumers became slightly less optimistic about the economy this month, though they continue to expect inflation to cool further, a potential sign that price increases will keep slowing.
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Elderly retirees face big losses after Chinese trust goes bust, reflecting turbulent economy
CHENGDU, China (AP) — Some investors in a troubled trust fund in China are facing financial ruin under a government plan to return a fraction of their money, casualties of a slump in the property industry and a broader economic slowdown.
Japan's economy avoids recession by growing in last year's final quarter, according to revised data
TOKYO (AP) — Japan's economy managed to grow in the fourth quarter of last year, averting a recession, according to revised government data released Monday that had previously shown a contraction.
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Britain's governing Conservative Party hopes tax cuts can lift ailing election fortunes
LONDON (AP) — In the run-up to the U.K.'s general election that opinion polls show the governing Conservative Party losing, Treasury chief Jeremy Hunt will seek to regain the political initiative by announcing tax cuts Wednesday during his annual budget statement.
Stock market today: Japan's Nikkei tops 40,000, as investors await China political meeting
HONG KONG (AP) — Asian stocks were mostly higher Monday ahead of China’s top annual political gathering, while Japan’s benchmark surpassed the 40,000 level for the first time.
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Average long-term US mortgage rises to 6.94% after marking fourth-straight weekly increase
LOS ANGELES (AP) — The average long-term U.S. mortgage rate rose for the fourth consecutive week, another setback for prospective homebuyers just as the spring homebuying season gets going.
Stock market today: Asian shares are mixed after Wall Street slips lower and bitcoin bounces higher
BANGKOK (AP) — Shares were mixed in Asia on Thursday after a lackluster day on Wall Street, where selling of technology stocks pulled benchmarks lower.
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This Week: Consumer confidence, GDP report, construction spending
A look at some of the key business events and economic indicators upcoming this week
Stock market today: Asian shares mostly decline, while Tokyo again touches a record high
TOKYO (AP) — Asian shares mostly declined Monday, although Tokyo's benchmark Nikkei 225 index touched another record high in morning trading.
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Stock market today: Japan's benchmark Nikkei 225 surges to all time high, near 39,000
BANGKOK (AP) — Japan’s Nikkei 225 share benchmark surged Thursday to an all-time high, bypassing its previous record set in December 1989 on heavy buying by global investors.
Consumers sentiment rose slightly last month as growth improves, inflation falls
WASHINGTON (AP) — A measure of consumer sentiment ticked higher this month, after , underscoring that Americans are starting to feel better about the economy after several years of gloom.
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Shoppers helped keep the economy out of a recession. Now investors hope for even more
NEW YORK (AP) — How much spending power do U.S. shoppers have left?
Stock market today: Asian shares track Wall Street's rebound
BANGKOK (AP) — Shares rose in Asia on Thursday after Wall Street stocks recovered much of their sharp losses from a day before.
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