Federal Reserve

Traders are increasingly forecasting at least one Fed rate cut this year.

U.S. stocks moved broadly higher in early trading Monday on Wall Street after the U.S. and Mexico averted a trade war and potentially damaging tariffs, while several companies inked billion-dollar deals.

Finance chiefs of the Group of 20 major economies meeting in the Japanese city of Fukuoka are debating how to revise tax systems to ensure big companies pay their fair share and support economies as global growth slows.

___ US stock market notches best week since late November NEW YORK — Wall Street turned the page on a painful May in the stock market by notching its best week since late November.

A sharp pullback in U.S. hiring for May intensified fears that the economy has weakened and that many employers have grown nervous, in part from President Donald Trump's escalating trade wars.

U.S. stocks moved broadly higher for a fourth consecutive day as investors look to start June with a strong weekly gain after a downturn in May.

Stocks closed broadly higher Friday as investors bet that a report showing the U.S. added fewer jobs than expected last month increases the odds that the Federal Reserve will cut interest rates in coming months.

The latest on developments in financial markets (all times local): 9:35 a.m.

How the Fed and a series of trade barbs gave Wall Street a winning week.

President Trump and Federal Reserve Chairman Jerome Powell spoke briefly on the phone in April amid rising tension over interest rates, according to recently released documents.

The U.S. economy would be stronger if it weren't for interest rate hikes, said President Trump.

Gold is shining again as investors scramble for safety amid the widening global trade war.

The Latest on the European Central Bank's monetary policy meeting (all times local): 2:50 p.m.

In his speech on Tuesday, Powell stressed that policymakers would respond if inflation remains persistently low.

European Central Bank extends date of earliest interest rate increase to mid-2020 instead of end of year.

India's central bank has cut its key interest rate by a quarter of a percentage point to 5.75% from 6% with immediate effect to fortify the economy as consumer spending and corporate investment falter.

Investors pushed U.S. stocks higher in early trading Wednesday on Wall Street and extended a rally prompted by signs that the Federal Reserve is willing to cut rates to reinforce economic growth.

Former Reagan Budget Director David Stockman says interest rates should be normalized.

Almost all of the Fed’s 12 districts reported some gains over the past few months, the Fed said.

Shares surged Wednesday in Asia following a rally on Wall Street spurred by signs the Federal Reserve is ready to cut interest rates to support the U.S. economy against risks from escalating trade wars.