For all of their differences, one thing most Federal Reserve officials seem to agree on is that there’s not much risk of inflation running away from them anytime soon, regardless of what they do with interest rates.
Japan’s biggest banks are running out of room to sell their government bond holdings, pushing the central bank closer to the limits of its record monetary easing.
The hole at the corner of 15th and L streets, in downtown Washington, is deep — and getting deeper.
U.K. retail sales posted a strong beat on Thursday, adding to a positive picture for the country’s economy following the decision to leave the European Union.
Mad Dog, BP Plc’s drilling project deep in the Gulf of Mexico, could be Exhibit A in the oil industry’s war on cost.
For neighbors with similar gender attitudes, it’s surprising to see a widening divergence in the share of women in the labor force in the U.S. and Canada.
A former managing director at Perella Weinberg Partners LP was convicted of insider trading for tipping his father to pending health-care deals, resulting in more than $1 million in illegal profits.
In 2013, a loan officer at BancorpSouth Bank’s Madison, Ala. branch received visits from two people with similar profiles within 10 days of each other, both saying they were first-time home buyers—one white, the other black. The employee allegedly steered the black customer to a smaller and more expensive loan, even though her stated income and credit score were higher than the white applicant’s.
The average daily input volume submitted to CLS, combining the settlement and aggregation services, fell 9.7% month on month in July, standing at 1,050,046.
General Electric Co. has stopped trying to write coal’s obituary.
European shares rose for the first time in a week and emerging markets advanced as a gauge of commodities climbed for the sixth straight day and minutes of the Federal Reserve’s last meeting damped prospects for a U.S. interest-rate hike.
The ruble strengthened, on course for its third weekly increase, and Russian stocks approached record highs as oil on the cusp of a bull market bolstered expectations that the world’s biggest energy exporter will meet budget revenue targets.
A modest uptick in euro zone inflation in July was confirmed by data on Friday which showed food prices surging over the year, although overall price indices still fell in 12 of the 19 member states.