Nvidia’s blockbuster earnings, Fed minutes – what’s moving markets
Investing.com -- Nvidia's revenue skyrockets above Wall Street projections in the fourth quarter, sending shares in the artificial intelligence chipmaking giant's...
Economy
Fed’s favorite inflation gauge rose 0.3% in January
An inflation measure closely watched by the Federal Reserve rose again in January as high prices continued to weigh on...
BOJ chief Ueda keeps upbeat view on inflation, wage outlook
By Leika Kihara TOKYO (Reuters) -Bank of Japan Governor Kazuo Ueda said the country's inflation was accelerating as a trend...
Jobless claims jumped more than expected last week
The number of Americans filing for unemployment benefits rose more than expected last week as high-profile companies continue to announce...
S.Africa to draw on contingency reserves when available, Finance Minister says
By Kopano Gumbi CAPE TOWN (Reuters) - South Africa will evaluate the Gold and Foreign Exchange Contingency Reserve Account (GFECRA)...
Citigroup to cut nearly 300 jobs amid layoff spree
Citigroup is cutting nearly 300 workers in New York as it continues its massive layoff spree in an effort to...
Explainer – Why huge European Central Bank losses matter
FRANKFURT (Reuters) - The European Central Bank chalked up another large financial loss in 2023, burning through the last of...
Fed is ‘stuck’ in Greenspan era, former St. Louis Fed president says
The Federal Reserve’s preferred inflation gauge is "stuck" in the Alan Greenspan era, according to the former St. Louis Fed...
Pressure grows on China for big policy moves to fix economy
By Joe Cash, Ellen Zhang and Liangping Gao BEIJING (Reuters) -As the annual meeting of China's parliament approaches next month,...
Mortgage rates are rising again. See how much money they’re costing you
Mortgage rates jumped to the highest level in two months ahead of the pivotal spring home-buying season, throttling demand among...
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