Stock market today: S&P 500 and Dow post gains and close out best month of 2024
Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year
November 29, 2024Stocks closed with solid gains as Wall Street put the finishing touches on one of its best months of the year
November 29, 2024A look at the day ahead in U.S. and global markets from Mike Dolan While Americans have been feasting and preparing to shop, U.S.
November 29, 2024Kenya's inflation edged up to 2.8% year-on-year in November, from 2.7% a month earlier, the statistics office said on Friday.
November 29, 2024The Bank of England warned on Friday that higher trade barriers could hit global growth and feed uncertainty about inflation,
November 29, 2024Japan's government finalised a $92 billion supplementary budget on Friday to shield households from rising living costs, which may underpin consumption but also
November 29, 2024Turkey's economy grew at a less than expected 2.1% in the third quarter as demand ebbed - especially in the services sector - under the weight of high interest rates, data showed
November 29, 2024A look at the day ahead in European and global markets from Stella Qiu It was supposed to be a quiet post-Thanksgiving session in Asia but hotter-than-expected CPI readings for Tokyo emboldened
November 29, 2024Turkey's economy is expected to have expanded 2.6% in the third quarter due to slower domestic demand and the weight of tighter economic policies, a Reuters poll showed on Tuesday,
November 26, 2024Australia's Prime Minister Anthony Albanese has pivoted to election mode, hoping to win back voter confidence that his government can tackle high living costs,
November 29, 2024Core consumer inflation in Japan's capital accelerated in November and stayed above the central bank's 2% target, data showed on Friday, as price
November 28, 2024Donald Trump loved to use tariffs during his first presidency
November 27, 2024Australia's central bank is finally getting a major shake-up of its policy-making process that adds extra uncertainty to when it might deliver interest rate relief to
November 28, 2024Tech stocks spearheaded a rebound in European shares on Thursday, after a two-day slump fuelled by worries over potential U.S. tariffs and
November 28, 2024European shares ticked up on Thursday after falling the previous day, while Asian stocks slipped, as trading volumes thinned ahead of
November 28, 2024The European Central Bank should make a clearer distinction between instruments used to guide inflation and those aimed at stabilising financial markets, Dutch central bank chief
November 28, 2024Australia's top central banker said on Thursday that core inflation was too high to allow for rate cuts in the near term, all but ruling out relief for borrowers at
November 28, 2024Thailand's annual headline inflation rate quickened in October due to higher energy and food prices, the commerce ministry said on Wednesday, but still remained below the central
November 06, 2024Spain's service sector continued its robust expansion in October driven by strong sales and demand, the HCOB Spain Services PMI survey compiled by S&P Global showed on Wednesday.
November 06, 2024Ghana's consumer inflation rose for the second month in a row in October, to 22.1% year on year from 21.5% in September, the statistics service said on Wednesday.
November 06, 2024Inflation in Egypt is estimated to have climbed to 27.0% in October, pushed up by higher education costs and a fuel price increase in the middle of the month, according to a poll
November 06, 2024Why Trump’s return could spark another bout of inflation and delay interest rate cuts
November 06, 2024If inflation is as politically toxic as this week's resounding U.S. election result suggests, the presumed impact of his economic policy proposals should make
November 06, 2024Euro zone firms expect their turnover to keep rising this quarter but their margins remain under pressure with wage growth outpacing selling price increases, the European Central
November 07, 2024The exact thing that helped Trump win could become a big problem for his presidency
November 07, 2024This Trump trade euphoria is likely to fade fast
November 07, 2024While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high
November 05, 2024Japanese household spending fell in September for the second straight month, government data showed on Friday, as higher prices choked consumers' appetite in a
November 07, 2024Britain's labour market showed further signs of cooling last month, according to a survey that showed the weakest wage growth since early 2021, and tax increases in last week's
November 08, 2024South Korea’s central bank has lowered its key policy rate and says the country’s economy will grow at a slower pace than it initially anticipated
November 28, 2024Consumer price inflation in India climbed to a 14-month high of 5.81% in October primarily due to a spike in vegetable and edible oil prices, a
November 08, 2024U.S. consumer sentiment rose to a seven-month high in early November, with a measure of households' expectations for the future climbing to the highest in more than three years, led by
November 08, 2024The Reserve Bank of India (RBI) is set to hold interest rates on Dec. 6 as a sharp rise in consumer inflation has led several economists in a Reuters poll to
November 28, 2024Fed up with high prices and unimpressed with an economy that by just about any measure is a healthy one, Americans demanded change when they voted for president
November 09, 2024Widespread deportation of foreign-born workers from the United States probably would disrupt some businesses, but the impact on inflation and the broad economy would depend on
November 10, 2024British public-sector employers now expect to raise pay faster than their private-sector counterparts for the first time since late 2020, after the new Labour
November 11, 2024Most U.S. stocks rose on Wall Street, but drops for Nvidia and some other heavyweight Big Tech companies kept indexes in check
November 11, 2024Japan's service-sector sentiment worsened and bankruptcy cases rose in October, data showed on Monday, casting doubt on the central bank's view the country was on
November 11, 2024Australian business confidence rebounded to its highest in almost two years in October as sales proved resilient and pressure on input costs eased, a survey showed on Tuesday.
November 12, 2024British shoppers faced renewed pressure on their budgets in October after grocery price inflation edged higher for the second month in a row, industry data showed on
November 12, 2024A top New Zealand central banker said on Thursday that U.S.
November 27, 2024Wall Street's main indexes closed lower on Wednesday, with the Nasdaq leading declines, as technology stocks slumped on Thanksgiving eve
November 27, 2024Wall Street's three major indexes closed lower on Tuesday as investors booked some profits from a post-election rally and waited anxiously for U.S
November 12, 2024The UK's FTSE 100 ended slightly higher on Wednesday as U.S. inflation data was in line with expectations, keeping hopes of rate cuts intact, while defence company Smiths
November 13, 2024European shares ended Wednesday on a dour note, with the STOXX 600 closing at a three-month low as rising energy shares countered real estate losses,
November 13, 2024U.S. consumers in October grew more confident about inflation continuing to ease and in the health of the job market, and for the first time in five months they saw a lower risk of
November 12, 2024U.S. consumer prices increased as expected in October amid higher costs for shelter such as rents, and progress toward low inflation has slowed in recent months
November 13, 2024After a scare earlier this year that the U.S. labor market might be cooling too fast, some Federal Reserve policymakers are shifting their attention back to inflation risks as
November 13, 2024A European Central Bank rate cut last month was seen as an insurance move against unexpectedly low inflation but policymakers appear divided on the risk of excessively low price
November 14, 2024High union wage settlements and the possibility of coming tariff increases are among the uncertainties that could make U.S.
November 14, 2024Wall Street's main indexes closed lower on Thursday after Federal Reserve Chair Jerome Powell dampened investors' hopes for another interest rate
November 14, 2024Larry Summers sounds the alarm bell on inflation — before Trump even takes office
November 12, 2024Japan's core consumer inflation likely cooled for the second straight month in October on slower growth in energy prices, a Reuters poll showed on Friday.
November 15, 2024Consumer prices in France rose 1.6% year-on-year in October, statistics office INSEE said on Friday, revising slightly up its preliminary reading of 1.5% published late last month.
November 15, 2024The German economy will continue to significantly underperform average growth in the euro zone until 2026, the forecasts of the European Commission showed on
November 15, 2024Euro zone economic growth will pick up in 2025 and 2026 and inflation will slow, the European Commission forecast on Friday, but warned a protectionist U.S.
November 15, 2024Just when Britain seemed to be moving beyond its inflation problem, the new government's spending splurge and the risk of a global trade war triggered by U.S.
November 15, 2024The U.S. dollar was set for its biggest weekly gain in over a month on Friday, as markets reassessed expectations of future interest rate
November 15, 2024The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a surge in exports, the government said Wednesday, leaving unchanged its initial estimate of third-quarter growth
November 27, 2024Bank of Japan Governor Kazuo Ueda said the economy was progressing towards sustained wages-driven inflation and warned against keeping borrowing costs too low,
November 18, 2024Brazil's finance ministry raised its inflation forecasts for this year but expects inflation to remain within the official target band, in contrast to a more
November 18, 2024Argentina’s inflation has slowed to 2.7% in October, the lowest level in three years in a win for the libertarian government of President Javier Milei
November 12, 2024UK's FTSE 100 closed higher on Monday, with conglomerate Melrose topping the index following an upbeat trading update, while domestically-focussed midcaps closed lower as caution prevailed
November 18, 2024A tight U.S. labor market is still adding to inflationary pressures, though less so than it did in 2022 and 2023, according to research published on Monday by the San
November 18, 2024U.S. stocks drifted to a mixed finish after the latest inflation update boosted hopes that more help for the economy will arrive next month from another cut to interest rates
November 13, 2024Inflation in the United States ticked up in October, driven by costlier rents, used cars, and air fares, a sign that price increases might be leveling off after having slowed in September to their lowest pace since 2021
November 12, 2024The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped.
November 19, 2024By Praveen Paramasivam and Shivangi Acharya CHENNAI/NEW DELHI - India's city dwellers are cutting spending on everything from cookies to fast food as persistently high inflation squeezes middle class
November 13, 2024Canada's annual inflation rate rose more than expected to 2.0% in October as gas prices fell less than the previous month, data showed on
November 19, 2024A look at the day ahead in European and global markets from Kevin Buckland The wide-ranging market bets on big fiscal spending, lower taxes and higher tariffs under incoming U.S.
November 13, 2024Global investors changed their expectations on the global economy in the wake of Donald Trump's election win, and now see higher growth than they did before, as well as higher
November 13, 2024U.S.
November 13, 2024A look at the day ahead in European and global markets from Stella Qiu Trading was subdued in Asia with everyone waiting for the earnings results of AI darling Nvidia, the world's most valuable
November 20, 2024South Africa's inflation rate dropped sharply in October to its lowest level since the peak of the COVID pandemic, data showed on Wednesday,
November 20, 2024The U.S.
November 20, 2024A look at the day ahead in U.S. and global markets by markets correspondent Naomi Rovnick. The ghosts of inflation past, present and future are haunting global markets on Wednesday as the U.S.
November 13, 2024British inflation jumped by more than expected last month to rise back above the Bank of England's 2% target and underlying price growth
November 20, 2024Russian consumer prices rose 0.37% in the latest week, up from 0.3% in the previous week, data showed, driven by price growth for butter, sunflower oil, dairy products and potatoes,
November 20, 2024Federal Reserve Governor Michelle Bowman, among the U.S. central bank's most hawkish policymakers, on Wednesday called for a cautious approach to any further interest rate cuts, noting
November 20, 2024High inflation in Britain has not been vanquished and it is more likely to overshoot than undershoot Bank of England forecasts over the medium term, BoE interest
November 13, 2024Sri Lanka's consumer price inflation reached minus 0.7% year-on-year in October after easing to minus 0.2% in September, official data showed on Thursday, as the island
November 21, 2024Berkay Ucar has almost given up hope of finding work after his eight-month search only generated a few unsuccessful interviews.
November 21, 2024Leading Russian economists expect inflation in Russia to exceed the central bank's estimate for this year, increasing the likelihood of
November 21, 2024Former Treasury Secretary Larry Summers tells CNN's Kate Bolduan that President-elect Trump's proposed economic agenda will lead to 'inflation shock' for Americans.
November 13, 2024U.S. consumer prices increased as expected in October, and progress toward bringing inflation down has slowed since mid-year, which could result in fewer interest rate cuts from the
November 13, 2024Japan's core inflation in October held above the central bank's 2% target and a key index stripping away the effect of fuel accelerated, data showed on Friday, keeping
November 21, 2024India's business activity rose at its fastest pace in three months in November, helped by an improving services industry and record job creation, but output
November 22, 2024Morocco's annual inflation, measured by the consumer price index, eased to 0.7% in October from 0.8% a month earlier, Morocco's statistics agency said on Friday.
November 22, 2024British home price increases will outpace overall inflation and rental costs will rise even faster although affordability for first time homebuyers will improve,
November 22, 2024Mexico's economy expanded 1.1% in the third quarter compared to the April-June period, national statistics agency INEGI said on Friday, almost in line with the 1.0% increase expected by
November 22, 2024Europe and the U.S. will both take a growth hit if there is a new trade war and inflation could also rise, increasing pressure on EU leaders to kick start long-delayed economic
November 22, 2024Mexico's statistics agency INEGI released data on Friday showing that inflation slowed more than expected, while growth exceeded forecasts, opening the
November 22, 2024The Trump inflation shock could be worse than the last inflation crisis, Larry Summers warns
November 13, 2024By Lauren Young This was originally published in the Reuters On the Money newsletter, where we share U.S. personal-finance tips and insights every other week. Sign up here to receive it for free.
November 23, 2024Americans’ debt is growing — but so are incomes
November 13, 2024India expects food inflation to slow in the coming months, backed by a bumper summer crop harvest, and remains "cautiously optimistic" on its economic growth, according to a
November 25, 2024British households' disposable income fell in October and rising inflation may subdue spending this Christmas, supermarket group Asda said on Monday.
November 25, 2024Wholesale inflation heated up again last month, reversing recent progress
November 14, 2024Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next
November 14, 2024Japan’s economy eked out an annual rate of 0.9% growth in the July-September quarter as consumer spending held up
November 15, 2024Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth
November 15, 2024Russia is locking up butter as inflation crisis reaches new heights
November 18, 2024Inflation in the U.K. has risen sharply to a six-month high in October, cementing market expectations that there will be no further cuts in borrowing rates this year
November 20, 2024Cheaper turkeys help bring down Thanksgiving dinner costs this year
November 20, 2024Target has reported sluggish sales and slumping profits in the fiscal third quarter as inflation-weary customers curtailed their spending on apparel and other non-essential items
November 20, 2024How much will a Thanksgiving dinner cost this year? Jenn Sullivan looks at how inflation is impacting prices
November 20, 20243 urgent tasks awaiting Trump’s pick for Treasury secretary
November 20, 2024Just a few weeks ago, the path ahead for the Federal Reserve looked straightforward: With inflation cooling and the job market slowing, the Fed appeared on track to steadily cut interest rates
November 20, 2024Thanksgiving grocery prices might be high. But road trip costs shouldn’t be
November 22, 2024New vehicle sales in the U.S. are projected to have risen 6.7% in November from a year earlier, driven by higher discounts to clear elevated inventory, according to a joint report by
November 27, 2024Most major stock markets will fail to even repeat this year's lacklustre performance in 2025 based on the prospect of global trade tensions and a worsening
November 27, 2024Russia's central bank said on Wednesday it would stop foreign currency purchases in order to ease pressure on the financial markets after the
November 27, 2024U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid growth momentum early in the fourth
November 27, 2024President-elect Donald Trump launched a blitz of picks for his Cabinet, but he took his time settling on billionaire investor Scott Bessent as his choice for treasury secretary
November 23, 2024Egg prices are on the rise again as a lingering outbreak of bird flu coincides with high demand during the holiday baking season
November 25, 2024The new Trump administration's economic policies in the U.S. may have a "relatively limited" effect on European inflation but could have a more noticeable impact on long-term
November 26, 2024Brazil's consumer prices rose more than expected in the month to mid-November, data from statistics agency IBGE showed on Tuesday, fueling bets that the central bank may
November 26, 2024Australia's consumer price inflation rate stayed at a three-year low in October as government rebates drove electricity and rent prices down, though core inflation picked up in a
November 27, 2024Mozambique's central bank cut its main interest rate by 75 basis points on Wednesday, the sixth cut in a row, as inflation remains subdued in the southern African country.
November 27, 2024The dollar fell broadly on Wednesday in thin pre-holiday trade, digesting a slew of indicators that underscored U.S. economic resilience while investors assessed
November 27, 2024The European Central Bank will keep cutting interest rates as inflation falls and its focus is slowly shifting to growth, which is proving fragile, ECB Vice President Luis de
November 26, 2024