The Federal Reserve may have pretty much just hit its 2% inflation target
This week’s inflation data provided more evidence that the Federal Reserve is nearing its objective, fresh on the heels of…
Category: Financial news
Morning Bid: Jobs and oil dominate as ports strike ends
A look at the day ahead in U.S. and global markets from Mike DolanWall Street has weathered an edgy start…
Maersk slumps 6.5% as the end of U.S. port strikes weighs on European shipping stocks
Shares of Moller-Maersk slumped more than 8% on the Friday market open as European shipping companies fell on the conclusion…
Singapore court charges property billionaire Ong Beng Seng over scandal involving former minister
SINGAPORE — Singapore on Friday charged property billionaire Ong Beng Seng on two counts relating to the obstruction of justice…
Britain’s defense sector vies for stretched government funding on path to 2.5%
British defense officials are vying to secure more funding as Finance Minister Rachel Reeves’ upcoming Autumn budget risks exacerbating already…