In this Oct. 7, 2016 photo, a statue of George Washington is seen on Wall Street in New York. The main US stock market indices closed with losses on Tuesday, October 11, 2017 (AP Photo/Mark Lennihan) Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose 0.34%, to 38,031 points. … Read more
Mexico City. As expected by global economic agents, the United States Federal Reserve (Fed) kept its reference rates unchanged and continued to delay the long-awaited first rate cut. Given this scenario, the dollar weakened globally, depreciating 0.55 percent, to 105,520 units, according to its DXY weighted index, which measures the behavior of the US currency … Read more
Photograph provided today by the United States Federal Reserve showing its headquarters, the Marriner S. Eccles building in Washington (USA). After a year of falling month after month, US inflation has accumulated two months of increases, a situation that goes against the objectives set by the Federal Reserve (Fed) of controlling prices by raising interest … Read more
U.S. business activity cooled to a four-month low in April on weak demand, while inflation rates eased slightly even as input prices rose sharply, suggesting possible relief in the future. The figures come as the Federal Reserve (Fed, central bank) looks for signs that the economy is weakening enough to reduce inflation further. S&P Global … Read more
The Road to Achieving Confidence Months of assurances from Federal Reserve Chair Jay Powell about rate cuts in 2024 were abruptly abandoned last week. Powell openly acknowledged that it is likely to take longer than expected for the Federal Reserve to achieve its desired level of confidence in the economy. This significant shift in stance … Read more
Walt Disney Co Shareholder Vote: Activist Investor Nelson Peltz Awaits Results Nelson Peltz, the activist investor involved in a long-standing battle with the Walt Disney Co, may finally face the judgment today. The highly anticipated results of the shareholder vote to select new board members are scheduled to be announced at the company’s annual stockholders … Read more
In this photo taken on January 4, 2016, the entrance to the Wall Street station of the New York subway is seen. The stock fell on Friday, November 4, 2016 for the ninth day in a row, marking its longest losing streak in 36 years. (AP Photo/Mark Lennihan, File) Wall Street opened this Monday in … Read more
The price of Texas intermediate oil (WTI) It opened this Friday with a decrease of 0.54%, to $78.50 a barrel. At 9:04 local time (14:04 GMT), WTI futures contracts for delivery in April lost 43 cents compared to the close of the previous session. The markets are attentive to the next movements of the Federal … Read more
Jerome Powell. The Federal Reserve predicted this Wednesday in his Beige book economic outlook that in the coming months there will be “less restrictive financial conditions”, an indication that interest rates could fall before the end of the year. “The outlook for future economic growth remained generally positive” and “expectations of stronger demand and less … Read more
In this photograph you can see the New York Stock Exchange. Stocks on Wall Street closed higher on Friday, January 5, 2018, led by big gains in technology, materials and energy stocks. (AP Photo/Mark Lennihan, File) Wall Street opened this Thursday in green and the Dow Jones Industrialsits main indicator, rose 0.50%, amid signs that … Read more