Yellen: US economy strong, not overheated

Despite a weaker-than-expected first-quarter GDP reading, the US economy is “firing on all cylinders” and inflation is on a path toward a more normal level, US Treasury Secretary Janet Yellen said ... Read More

Stocks, bonds gain as Powell signals rate cuts are ahead

Stocks rose and Treasury yields pulled away from four-month highs after Federal Reserve chief Jerome Powell reaffirmed the central bank is on track to cut interest rate cuts this year. Europe’s ... Read More

World News

By Lara Jakes Horses Run Loose Through Central London in Surreal Spectacle Having a team in the world’s richest sports ... Al-Shifa Hospital lies in ruins after a battle there between Israeli ... Read More

Yellen says U.S. economy not likely weakening, all options open on China's overcapacity

U.S. Treasury Secretary Janet Yellen told Reuters on Thursday that U.S. economic growth was likely stronger than suggested by weaker-than-expected data on first-quarter output and said the Biden ... Read More

Yellen: Subpar U.S. growth may get revised up, inflation will ebb

WASHINGTON (Reuters) -U.S. economic growth for the first quarter could be revised higher and inflation will ease to more normal levels, Treasury Secretary Janet Yellen told Reuters on Thursday after a ... Read More

Yellen says range of options to deal with frozen Russian assets

U.S. Treasury Secretary Janet Yellen said on Thursday the outright seizure of Russian assets is justifiable but is only one possibility, with assets instead able to serve as collateral for borrowing ... Read More

Stocks Rise After March Hiring Report, Still On Track for Weekly Losses

Stocks are rising after the latest numbers showed that the U.S. added 303,000 jobs in March, well above what economists expected. The gains cap a topsy-turvy week, with investors on edge about ... Read More

Stock Funds Zoom to 9.1% Gain in First Quarter

Stock funds rose 21.1% for full-year 2023. International-stock funds rose an average 5.4% for the quarter, after the 16.3% return ... Reserve might cut interest rates, and stock valuations are ... Read More

What’s News: World-Wide

Ecuador faced widespread criticism after police raided the Mexican Embassy in Quito to detain a former Ecuadorean vice president granted political asylum by Mexico. An Oregon lottery player won a ... Read More

Stock market today: Asian shares mostly rise cheered by Wall Street finish

TOKYO (AP) — Asian shares mostly rose Thursday after a firm finish on Wall Street, as expectations remained solid for U.S. interest rate cuts this year. Japan's benchmark Nikkei 225 jumped 1.7% ... Read More

World News

After months of delay at the hands of a bloc ... By Hannah Beech and Adam Ferguson As explosive drones gain battlefield prominence, even the mighty U.S. Abrams tank is increasingly vulnerable. Read More

World News

The Popular Front for the Liberation of Palestine is no longer a sanctioned group in the UK, thanks to a Brexit loophole. Information ... Read More