US Stocks Keep Rising on Fed Rate Hopes

Stocks rose at the start of trade Friday, pushing further into record territory, after Federal Reserve Chairman Jerome Powell in two days of congressional testimony this week bolstered investor expectations for an interest-rate cut at…

US PPI Point to Rising Inflationary Pressure

Posted 14 minutes agoShare Print U.S. producer prices rose moderately in April, but underlying inflation pressures at the factory gate appeared to be picking up. The Labor Department said on Thursday its producer price index…

UK Earnings Keep Rising as Brexit Looms

Posted 29 minutes agoShare Print British workers’ pay grew at its joint fastest pace in over a decade, fuelled by further job creation, adding to suggestions that Brexit uncertainty is prompting firms to hire workers…