5 things to watch for as new Fed chair Powell meets Congress
WASHINGTON — When Jerome Powell testifies to Congress on Tuesday in his first public appearance as chairman of the Federal Reserve, investors will be paying close attention to his every word.
Most Asian markets higher after Wall Street gains
Stocks climbed again on Monday as markets around the world continue to claw back from their sharp tumble last month.
Markets Right Now: US stock indexes power higher, again
The latest on developments in financial markets (all times local): 9:35 a.m.
Business Highlights
___ Fed expects economic gains to prompt gradual rate hikes WASHINGTON (AP) — The Federal Reserve says it expects that the ongoing strength of the U.S. economy will warrant further gradual increases in interest rates this year.
Broad rally helps stocks end a choppy week slightly higher
Hewlett Packard Enterprise and HP are leading technology companies higher and banks are also rising as US indexes climb in early trading on Wall Street Friday.
Markets Right Now: Stocks end a choppy week slightly higher
The latest on developments in financial markets (all times local): 9:35 a.m.
Business Highlights
___ Ford names Lincoln chief to replace ousted N. American head DETROIT (AP) — A veteran Ford Motor Co. executive who was leading the Lincoln luxury brand has been picked to lead North American operations, replacing an executive who was ousted this week over allegations of inappropriate behavior.
Asian stocks advance after Wall Street rebounds
Technology companies and banks helped drive U.S. stocks broadly higher in early trading Thursday.
Worries about US rate hikes return to stalk markets
Most Asian stock indexes fell Thursday, tracking Wall Street's decline after the latest Fed report rekindled fears about inflation and rising bond yields.
Asian stocks lower after Fed report renews bond yield fears
U.S. stocks moved higher in early trading Wednesday, recouping some of the market's losses from a day earlier.
Markets Right Now: Spike in bond yields upends a stock rally
The latest on developments in financial markets (all times local): 9:35 a.m.
World markets mixed as investors eye Fed minutes
Shares were higher in Asia on Wednesday, supported by rosy manufacturing data from Japan.
Apple in talks to buy cobalt directly from miners: Report
Apple is reportedly in talks to buy long-term supplies of cobalt for iPhone batteries directly from miner.
Business Highlights
___ Investors are winners as companies lay out tax-saving plans NEW YORK (AP) — The tax overhaul was sold by its backers as a way to help American workers, and companies have announced plans to give employees bonuses and improve their operations.
Asian shares gain on rosy Japan data, bucking Wall St losses
U.S. stocks were mostly lower in the early going Tuesday as trading reopened after a long holiday weekend.
Global shares mixed after US break, investors eye Fed notes
Asian shares were mostly lower Tuesday after a U.S. holiday.
Asian shares mostly lower after US holiday, await Fed notes
Asian markets were higher on Monday following Wall Street gains last week, as market jitters showed signs of easing.
World markets advance but trading subdued by holidays
Shares were higher in Japan and Thailand but fell in Australia and India, with most Asian markets closed Friday for the lunar new year holiday.
Stock markets on track for best week in 6 years
World shares were set to post their best week of gains in six years on Friday after two consecutive weeks spent in the red, shrugging off a rise in global borrowing costs while the dollar hit its lowest level since 2014.
Gold hits 3-week high as dollar slides to lowest since 2014
Gold rose to a three-week high on Friday as the dollar index slid to a three-year low and stronger-than-expected inflation data this week boosted interest in the metal as a hedge against price pressures.