The Personal Consumption Expenditures Index released by the U.S. Commerce Department grew 2.5% year over year in February. The Federal Reserve System uses this statistic to gauge national inflation when determining the appropriate level of interest rates. This indicator was 2.4% in January....

The number of mergers and acquisitions (M&A) increased by 30% in the first quarter to reach $690 billion, as reported by the Financial Times using statistics from the London Stock Exchange Group. The volume and number of substantial M&As (worth more than $10 billion) increased significantly in the...

What's coming up for cryptocurrencies like Bitcoin.   Mark Yusko, a hedge fund manager, believes that the price of bitcoin will more than double to $150,000 this year.   In a TV interview, the CEO and chief investment officer of Morgan Creek Capital Management urged, "Get off zero."...

The lack of acquisition activity by tech firms these days is primarily caused by an unfavourable regulatory environment. However, they're coming up with alternative ideas for how to blow billions of dollars on the next big thing.   This week, Amazon announced its largest venture deal to...

According to fresh data from the Federal Reserve, the wealthiest 1% of Americans reached a record $44.6 trillion at the conclusion of the fourth quarter as a result of a year-end stock market boom that boosted their portfolios.   The Fed's definition of the top 1% is individuals with...

According to a metric the central bank views as its more significant barometer, US inflation increased in February in line with predictions, perhaps keeping the Federal Reserve on hold until it can start thinking about cutting interest rates.   The Commerce Department released a report on...

According to media sources, Japanese monetary officials decided at the last minute to move an emergency meeting on the weak yen slated for Thursday to Wednesday in order to maximise the impact of halting rapid currency depreciation.   The conference, which includes executives from the...

The U.S. economy expanded faster than expected in the fourth quarter, owing to strong consumer spending and business investment in nonresidential infrastructure such as factories and healthcare facilities.   Profits rose at a respectable rate last quarter, according to a Commerce Department...

Turkey's dramatic breakthrough as a durum wheat exporter has spared pasta enthusiasts another year of financial misery, and the country is expected to remain a vital source of the component treasured in Mediterranean cuisine.   Turkey, on course to become the world's second-largest durum...