Interest Rates

NEW YORK | Stocks turn higher as markets remain volatile; oil drops

NEW YORK  — U.S. stocks remained volatile Monday as the market took a dive in early trading only to erase those losses later and end slightly higher. The Dow Jones Industrial Average lost as much as 507 points in early trading before ending with a gain of 34. Energy companies fell as the price of … Continue reading NEW YORK | Stocks turn higher as markets remain volatile; oil drops

WEST PALM BEACH, Fla | ‘Thank you President T’: Trump tweets as holiday break ends

WEST PALM BEACH, Fla. — President Donald Trump congratulated himself for falling oil prices . He chided the Federal Reserve over interest rates . He claimed Central American countries are trying to dump “certain people” into the United States. Trump’s Florida holiday stay came to an end Sunday with a visit to his golf club … Continue reading WEST PALM BEACH, Fla | ‘Thank you President T’: Trump tweets as holiday break ends

WEST PALM BEACH, Fla. | Trump aims tweet at migrant caravans as holiday break ends

WEST PALM BEACH, Fla.— President Donald Trump is ending his Thanksgiving break in Florida in the same way he began it — tweeting and spending time at his golf course. Trump is congratulating himself for falling oil prices, tweeting “thank you President T,” and admonishing the Federal Reserve over interest rates. He’s calling on Mexico … Continue reading WEST PALM BEACH, Fla. | Trump aims tweet at migrant caravans as holiday break ends

FRANKFURT, Germany | Eurozone central banker suggests rates could stay low longer

FRANKFURT, Germany — The head of the European Central Bank indicated a first interest rate increase could be postponed if unexpected trouble strikes the 19 countries that use the euro as their currency. Mario Draghi warned in a speech Friday the current economic expansion remains “resilient” as unemployment continues to fall and consumers remain willing … Continue reading FRANKFURT, Germany | Eurozone central banker suggests rates could stay low longer

EU expects Italy’s growth to lag euro countries through 2020

Italy, which is embroiled in a bitter budget row with the European Union that is set to come to a head next week, is expected to be the slowest-growing eurozone economy through 2020, according to new forecasts from the bloc’s executive branch. The European Commission said Thursday that growth across the 19-country eurozone is expected … Continue reading EU expects Italy’s growth to lag euro countries through 2020

SINGAPORE | World stocks gain on report of Brexit deal progres

SINGAPORE— World markets were mostly higher on Thursday following a report that British Prime Minister Theresa May has secured a deal with the European Union on financial services, as the country’s exit from the trading bloc looms. KEEPING SCORE: Germany‘s DAX rose 0.6 percent to 11,513.16 and France’s CAC 40 was 0.2 percent higher at … Continue reading SINGAPORE | World stocks gain on report of Brexit deal progres

LONDON  | Brexit looms large as Bank of England poised to hold rates

LONDON  — The Bank of England is expected to keep interest rates on hold Thursday as it waits for the outcome of the stalled Brexit discussions between the British government and the European Union. After the decision on the bank’s main interest rate, which is currently at 0.75 percent, Governor Mark Carney will hold a … Continue reading LONDON  | Brexit looms large as Bank of England poised to hold rates

NEW YORK | Helped by solid earnings, US stock indexes turn higher again

NEW YORK— Stocks turned mostly higher on Wall Street Tuesday morning as investors were encouraged by some solid earnings reports from several big U.S. companies. Oreo maker Mondelez rose and athletic gear maker Under Armour soared after reporting their latest quarterly results. Banks rose along with interest rates. Utilities and real estate investment trusts also … Continue reading NEW YORK | Helped by solid earnings, US stock indexes turn higher again