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New PCE reading supports case for smaller Fed rate cut in November

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A fresh reading on inflation Friday keeps the Federal Reserve on track to continue cutting interest rates this fall, likely in 25 basis point...
Bussiness

Asian shares up on Wall St tech boost, dollar extends gains on yen

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By Stella QiuSYDNEY (Reuters) - Asian shares bounced on Thursday, tracking a tech-driven rally on Wall Street, while the dollar held onto gains after...
Bussiness

US inflation likely fell further last month as Fed prepares to cut rates next week

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WASHINGTON (AP) — Inflation in the United States may have hit a three-year low in August, underscoring that the rate of price increases is...
Bussiness

German inflation falls to the lowest level in more than three years

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By Maria MartinezBERLIN (Reuters) - German inflation fell to its lowest level in more than three years in August, a second estimate confirmed on...
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