Business
Nasdaq plans 24-hour trading to tap into growing international demand
Nasdaq Inc. plans to introduce 24-hour trading on its flagship U.S. exchange to capitalize on growing global demand for U.S. equities.
Business
US consumer spending declines; annual inflation subsides
Consumer spending unexpectedly fell in January while the annual increase in inflation slowed, supporting financial market expectations that the Federal Reserve would resume cutting interest rates in June.
AMP
Bitcoin storms above $100,000 as Trump 2.0 fuels crypto euphoria
Bitcoin catapulted above $100,000 for the first time on Thursday, a milestone hailed even by sceptics as a coming-of-age for digital assets as investors bet on a friendly U.S. administration.
airline fares
Higher food prices lift US consumer prices; Hurricane Helene boosts jobless claims
Consumer prices rose slightly more than expected in September amid higher food costs, but the annual increase in inflation was the smallest in more than 3-1/2 years.
Atlanta Federal Reserve
Fed rate-cut size this month to hinge on job market health
Federal Reserve policymakers are increasingly attentive to the U.S. labor market as they prepare for a policy-setting meeting later this month.
2% target
US inflation rises moderately, consumer spending cools
U.S. prices increased moderately in June as the declining cost of goods tempered a rise in the cost of services.
borrowing costs
Monthly US consumer prices post first drop in four years as inflation subsides
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents.
Average Hourly Earnings
US job growth slows moderately; unemployment rate rises to 4.1%
The Labor Department’s employment report also showed the economy created 111,000 fewer jobs in April and June than previously estimated.
6-2 decision
Supreme Court Overturns 1984 Chevron V. Natural Resources Defense Council Ruling
The Supreme Court has overturned the 1984 decision in Chevron v. Natural Resources Defense Council, which mandated judicial deference to agencies in cases where the law is unclear.
2% target
US inflation ebbs in May as goods prices fall
U.S. monthly inflation was unchanged in May as a modest increase in the cost of services was offset by the largest drop in goods prices in six months.