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Mega-cap tech firms have led returns for years, but with valuations stretched, some strategists favor a move into value.
Total consumer credit rose $40.8 billion in December, after a $5.4 billion decline in the prior month, the Federal Reserve said Friday. In percentage terms, it is the biggest gain since June 2022.
Federal Reserve officials have been saying for a few months that the labor market is not adding to inflation pressures. This continued after the big gain in wages seen in the February jobs data. The 0 ...
Elevated capacity could bring rates down lower than late 2023 figures if firms like Shein and Temu can't ship goods into the ...
Biologists have uncovered a surprising connection between the way plants grow and how they defend themselves against ...
Global growth is projected at 3.3 percent both in 2025 and 2026, below the historical (2000–19) average of 3.7 percent. The forecast for 2025 is broadly unchanged from that in the October 2024 World ...
marking its third hike since ending negative interest rates in March 2024, supported by strong wage growth and progress in inflation. Himino emphasized that real interest rates in Japan should not ...
Presentation Operator Good morning, ladies and gentlemen. Welcome to the 4th-Quarter Results Teleconference for Travelers. We ask that you hold all questions until the completion of formal remarks, at ...
But despite landing slightly higher than Reserve Bank forecasts, a 50-basis-point Official Cash Rate (OCR) cut in February remains on the table, economists say. The Reserve Bank (RBNZ) cut the OCR ...
The primary monetary policy objectives of the People's Bank of China (PBoC) are to safeguard price stability, including exchange rate stability, and promote economic growth. China’s central bank ...
Malaysia kept its benchmark interest rate unchanged on Wednesday, a move widely expected as officials bet they can sustain growth momentum and keep inflation under control this year. Bank Negara ...