Although January saw an increase in U.S. prices, the yearly gain in inflation was the lowest in over three years, meaning that the Federal Reserve's June interest rate cut remains on the table.   The Bureau of Economic Analysis of the Commerce Department reported on Thursday that the price...

Chinese Premier Li Qiang stated on Wednesday during a meeting with a visiting U.S. team that Washington should refrain from decoupling from China and that Washington and China should deepen their economic and trade connections, according to Chinese official radio.   "Strengthening economic...

A study by UBS Group AG shows that Chinese state funds have supported the nation's stock market by infusing more than 410 billion yuan ($57 billion) into it since the start of this year. UBS's data refers to an analysis of 54 Chinese ETFs. According to UBS, items linked to the CSI 300 stock index...

By 2030, the United States may account for 20% of the world's output of the most sophisticated processors required to run artificial intelligence (AI) systems, said the nation's Secretary of Commerce Gina Raimondo at a gathering hosted by the Center for Strategic and International Studies. She...

Ahead of this week's G20 finance officials meeting in Sao Paulo, Brazil, U.S. Treasury Secretary Janet Yellen will say at a news conference on Tuesday that robust U.S. economic growth has been a "key driver" of better than expected global growth.   According to Treasury-released portions of...

Although core consumer inflation in Japan fell for a third consecutive month in January, it nevertheless above estimates and remained at the central bank's target of 2%, maintaining hopes that negative interest rates will cease by April.   According to data released on Tuesday by the...

On February 26, Bitcoin hit $57,000, its highest level in more than two years. According to CoinDesk, the cryptocurrency increased by 9% to momentarily cross the $57,000 mark for the first time since November 2021. After that, it declined again to roughly $56,500 levels.   According to...

The biggest luggage manufacturer is looking into a number of possibilities, such as a sale with delisting. According to Bloomberg, which cited sources, Samsonite International SA, the largest suitcase manufacturer in the world, is evaluating its options for strategic business development following...

US bank Goldman Sachs Group revised the Federal Reserve's (Fed) federal funds rate trajectory for 2024 in light of recent remarks made by Fed officials and the meeting minutes from January. Rather of the five cuts that Goldman had originally anticipated, the rate will now be lowered four times in...