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Markets

St. Louis Fed President Bullard says he’s stepping down in August

by Walter Watson
St. Louis Fed President Bullard says he’s stepping down in August

James Bullard, president and chief executive officer of the Federal Reserve Bank of St. Louis, delivers a speech in London, U.K., on Tuesday, Oct. 15, 2019. Luke MacGregor | Bloomberg …

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Wall Street rises amid indications of US disinflation

by Anas Siddiqui
Wall Street rises amid indications of US disinflation

Wall Street has risen after producer prices data provided further evidence of inflation cooling in the world’s largest economy, and stoked hopes that the Federal Reserve will soon end its …

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Delta Air Lines (DAL) 2Q23 earnings

by Franz Hernandez
Delta Air Lines (DAL) 2Q23 earnings

Nurphoto | Nurphoto | Getty Images Delta Air Lines posted its highest quarterly revenue and earnings ever thanks to searing travel demand that has defied fears of an economic slowdown …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., July 12, 2023.  Brendan McDermid | Reuters Stock futures rose Thursday after the …

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Australian shares soar after weak US inflation figures

by Anas Siddiqui
Australian shares soar after weak US inflation figures

The Australian share market has made strong gains across the board, buoyed by signs the US may be heading for a “Goldilocks scenario” of controlling inflation while avoiding a recession. …

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Asia markets rise as U.S. inflation rate slows more than expected

by Walter Watson
Asia markets rise as U.S. inflation rate slows more than expected

New Zealand factory sees steeper contraction in June New Zealand’s factory activity saw a steeper contraction in June, with the manufacturing purchasing managers index standing at 47.6, lower than the …

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Biden’s Federal Reserve Board nominees clear key Senate committee

by Vera Ward
Biden’s Federal Reserve Board nominees clear key Senate committee

Fed Governor Philip Jefferson testifies before a Senate Banking Committee hearing on his nomination to be the Federal Reserve’s next vice chair, on Capitol Hill in Washington, D.C., June 21, …

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United unveils new first-class seats in nearly once-in-a-decade refresh

by Franz Hernandez
United unveils new first-class seats in nearly once-in-a-decade refresh

United Airlines’ new first-class seat. Courtesy: United Airlines United Airlines on Wednesday unveiled its first new seat in nearly a decade for passengers at the front of the plane, becoming …

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Inflation rose just 0.2%, less than expected as consumers get a break

by Walter Watson
Inflation rose just 0.2%, less than expected as consumers get a break

Inflation fell to its lowest annual rate in more than two years during June, the product both of some deceleration in costs and easy comparisons against a time when price …

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Stock market today: Live updates

by Walter Watson
Stock market today: Live updates

Traders work the floor of the New York Stock Exchange. Getty Images U.S. stock futures were slightly higher Wednesday morning as investors looked toward the first potentially pivotal inflation report …

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