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As the Federal Reserve’s money printer quiets, markets shake

NEW YORK (AP) — The shakiness hitting Wall Street isn’t just because the Federal Reserve’s money printer that’s supporting markets is slowing, but that it may soon go into reverse. W...

World stocks retreat as inflation augurs Fed rate hikes

BANGKOK (AP) — Shares were mostly lower in Asia on Thursday after the latest report of surging prices in the U.S. appeared to keep the Federal Reserve on track to raise interest rates in coming months...

Inflation at 40-year high pressures consumers, Fed and Biden

WASHINGTON (AP) — Inflation jumped at its fastest pace in nearly 40 years last month, a 7% spike from a year earlier that is increasing household expenses, eating into wage gains and heaping pressure ...

EXPLAINER: Why US inflation is so high, and when it may ease

WASHINGTON (AP) — At first, it didn’t even register as a threat. Then it seemed like a temporary annoyance. Now, inflation is flashing red for the Federal Reserve's policymakers — an...

Dollar edges off lows as U.S. inflation test looms

The dollar steadied above almost two-month lows against its major peers on Wednesday, ahead of data expected to show a fresh surge in U.S inflation that could seal the case for an early rise in intere...

Business and economic events scheduled for Wednesday

Business and economic events scheduled for Wednesday. All times are Eastern. WASHINGTON — Labor Department releases Consumer Price Index for December, 8:30 a.m. ...

US stocks are off to another weak start, led lower by tech

Stocks are off to another weak start Tuesday as traders try to calibrate how markets and the economy will handle the higher interest rates that are likely on the way from the Federal Reserve this year...

This Week: Consumer prices, Delta earns, retail sales

A look at some of the key business events and economic indicators upcoming this week: EYE ON INFLATION The Labor Department serves up its December reading of inflat...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, Jan. 11 WASHINGTON — Jerome Powell testifies t...

White House highlights effort to cover winter heating bills

WASHINGTON (AP) — The Biden administration is distributing an additional $4.5 billion in funds to help low-income Americans cover heating costs during a second pandemic winter, with cold-weather state...

Business events scheduled for the coming week

Business events and economic reports scheduled for the coming week. All times are Eastern. TUESDAY, Jan. 11 WASHINGTON — Jerome Powell testifies t...

Taiwan inflation rate reaches highest level in 13 years

TAIPEI (Taiwan News) — The rise in the Consumer Price Index (CPI) reached 1.96% in 2021, its highest level since 2009, but still below the psychological barrier of 2%, the government announced T...

Turkey's inflation hits a 19-year high of 36%

ANKARA, Turkey (AP) — Turkey’s yearly inflation climbed by the fastest pace in 19 years, jumping to 36.08% in December, official data showed on Monday. The Turkish Statistical Instit...

Business events scheduled for the coming month

Business events scheduled for the coming month. All times are Eastern. TUESDAY, Jan. 4 WASHINGTON — Institute for Supply Management releases its m...

Markets 2021: Stocks soar, IPOs explode, crypto goes wild

Wall Street delivered another strong year for investors in 2021, as a resurgence in consumer demand fueled by the reopening of the global economy pumped up corporate profits. As of D...