Money News
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Asia stocks lower as China scales back many COVID curbs
Shares are lower in Asia after benchmarks fell again on Wall Street on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession
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China trade shrinks amid virus pressure, interest rate hikes
China’s imports and exports shrank in November under pressure from weakening global demand and anti-virus controls at home
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Stocks decline in Asia, extending losses on Wall Street
Shares are lower in Asia after benchmarks fell again on Wall Street on fears the Federal Reserve will need to keep the brakes on the economy to get inflation under control, risking a sharp recession
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Asian shares lower as strong data hit hopes for dovish Fed
Stocks are mostly lower in Asia after Wall Street pulled back as surprisingly strong economic reports highlighted the difficulty of the Federal Reserve’s fight against inflation
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Turkish inflation eases for 1st time in more than a year
Annual inflation in Turkey has eased slightly in November for the first time in more than a year, but remains close to 24-year highs
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EXPLAINER: Can Ukraine pay for war without wrecking economy?
Ukraine has won victories on the battlefield against Russia but faces a looming challenge on the economic front
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Wall Street ends mixed following strong data on wages, jobs
Worries about inflation weighed on Wall Street, leaving major indexes mixed after another bumpy day of trading
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EXPLAINER: 5 key takeaways from the November jobs report
For nearly nine months, the Federal Reserve has relentlessly raised interest rates to try to slow the U.S. job market and bring inflation under control
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Biden sees economy avoiding recession, but risks remain
President Joe Biden is assuring the nation that the U.S. economy is chugging along
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US hiring stays strong, complicating Fed's inflation fight
The nation’s employers kept hiring briskly in November despite high inflation and a slow-growing economy — a sign of resilience in the face of the Federal Reserve’s aggressive interest rate hikes
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