Economy

UK economy posts 0.1% growth in February in further sign of recession rebound

LONDON — U.K. gross domestic product rose 0.1% in February, the Office for National Statistics said Friday, providing another sign…

Physical gold offers more protection than mining stocks, says State Street’s George Milling-Stanley

Investors looking to weather a volatile market may want to opt for physical gold over gold stocks. That’s according to…

Wholesale prices rose 0.2% in March, less than expected

A measure of wholesale prices increased less than expected in March, providing some potential relief from worries that inflation will…

European Central Bank gives strong signal that cuts are on the way despite Fed uncertainty

The European Central Bank on Thursday held interest rates steady for a fifth straight meeting and gave its clearest signal…

The ‘supercore’ inflation measure shows Fed may have a real problem on its hands

A hotter-than-expected consumer price index report rattled Wall Street Wednesday, but markets are buzzing about an even more specific prices…

Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate

Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…

Hot inflation data pushes market’s rate cut expectations to September

As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…

Trump slams Biden for ‘raging’ inflation after hotter-than-expected March price report

Donald Trump on Wednesday pounced on President Joe Biden after March’s consumer price index came in higher than expected, notching…