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European Central Bank cuts benchmark rate by a quarter point as inflation declines

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FRANKFURT, Germany (AP) — With inflation subsiding, the European Central Bank cut interest rates again on Thursday to prop up tepid growth with lower...
Sports

Asia FX muted, dollar strong as sticky CPI fuels bets on smaller rate cut

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Investing.com-- Most Asian currencies moved in a flat-to-low range on Thursday, while the dollar firmed as a strong reading on U.S. consumer inflation dashed...
Sports

Asia FX muted, dollar advances with inflation, Fed on tap

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Investing.com-- Most Asian currencies moved little on Tuesday, while the dollar crept higher in anticipation of key inflation data that is likely to factor...
Bussiness

Asian Stocks Set to Drop After Jobs Data, Fedspeak: Markets Wrap

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(Bloomberg) -- Asian stocks are set to drop after mixed US jobs data and a noncommittal Federal Reserve added to concerns the central bank...
Bussiness

Bond market rally rides on how fast the Fed will cut rates

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(Bloomberg) — Bond traders who struggled to predict how high the Federal Reserve would raise interest rates are finding the way down just as...
Bussiness

U.S. debt is so massive, interest costs alone are now $3 billion a day

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With U.S. debt now at $35.3 trillion, the cost of paying the interest on all that borrowing has soared recently and now averages out...
Sports

‘The time has come’: Why the August jobs report keeps the Fed on track for a 25 basis point rate cut

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A rebound in the job market in August that still showed signs of cooling is likely to keep the Federal Reserve on track to...
Bussiness

Recent immigrants shut out of strong wage growth as unemployment rises in Canada

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OTTAWA — Canada's unemployment rate continued to trend higher in August — reaching 6.6 per cent — as the job market slowdown hits workers...
Bussiness

Asian shares mostly fall on caution ahead of a key US employment report

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TOKYO (AP) — Asian shares mostly declined Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal...
Bussiness

Asian shares trade mixed amid caution ahead of key US employment report

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TOKYO (AP) — Asian shares traded mixed Friday ahead of a highly anticipated U.S. jobs report that’s expected to influence how the U.S. Federal...
Bussiness

U.S. firms saw slowing economic activity in recent weeks, Fed survey shows

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(Reuters) - U.S. economic activity expanded more slowly from mid July through late August and businesses reported less hiring, signals that underscore why the...
Bussiness

China Weighs Cutting Mortgage Rates in Two Steps to Shield Banks

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(Bloomberg) -- China is considering cutting interest rates on as much as $5.3 trillion of mortgages in two steps to lower borrowing costs for...
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