15 May: Inflation Down But Hopes Fade for June Fed Meeting US inflation rose 3.4% in the year to April, down from 3.5% in the year to March, but likely not enough to prompt a reduction in borrowing ...

The S&P 500 climbed to an all-time high in early trading on Wednesday, as figures showing a fall in US inflation last month buoyed Wall Street stocks. The index rose 0.6 per cent to 5,278.01 shortly ...

Rolling coverage of the latest economic and financial news ...

ASX 200 futures are trading 92 points lower, as of 8:20 am AEST. It was bound to happen. After five months of consistent ...

US stock markets sank in the final stretch of April and bond yields climbed on concern that stubborn inflation will force the ...

French inflation stayed higher than forecast in April, adding to doubts about how quickly price pressures will fade while ...

The chief executive of British Gas has said every household should be forced to have a smart energy meter to help hit net ...

The Apr ISM services prices paid sub-index rose +5.8 to 59.2, stronger than expectations of 55.0. Fed Governor Bowman said inflation will likely remain ... of the Fed cutting interest rates. The ...

Kremlin-owned natural gas giant Gazprom has plunged to its worst loss in at least 25 years in a blow to Vladimir Putin’s war ...