Economy

Thousands of Sri Lankans took to the streets on Monday calling for the ouster of Sri Lankan President Gotabaya Rajapaksa seen here on November 1, 2021 in Glasgow, United Kingdom.Andy Buchanan | Pool | Getty Images"Gotta go, Gotabaya," …

The Bank of Japan will be "alarmed" if the yen weakens beyond 130 per dollar, according to Japan's former vice minister of finance for international affairs, Eisuke Sakakibara.The yen was trading at 123.77 per U.S. dollar on Wednesday…

Traders on the floor of the NYSE, March 25, 2022.Source: NYSEU.S. stock index futures were flat during overnight trading Sunday, after the S&P 500 posted a third straight week of gains.Futures contracts tied to the Dow Jones…

Wall Street economists increasingly are doubting that the Fed can reverse the loosest monetary policy in history without breaking anything. Source link

Stock futures rose early Thursday as investors assessed a new quarter of trading and a troublesome bond market recession indicator.Investors were also awaiting the official jobs report for March, which the Labor Department will release…

Check out the companies making headlines before the bell:Walgreens (WBA) – The drug store operator reported an adjusted quarterly profit of $1.59 per share, 19 cents above estimates, with revenue also topping Wall Street forecasts.…

At this point in the business cycle, every company wants to be seen as a secular growth stock, Jim Cramer told his Mad Money viewers Wednesday. That's because with interest rates on the rise, no one wants to be seen as a cyclical stock.…

The prices for gas and diesel fuel, over $6.00 a gallon, are displayed at a petrol station in Los Angeles, March 2, 2022.Frederic J. Brown | AFP | Getty ImagesEven before Russia invaded Ukraine, the fuel that runs the global economy was…

Commuters arrive from Metro North Railroad trains in Grand Central Station in New York.Timothy A. Clary | AFP | Getty ImagesCompanies added jobs at a solid pace in March, indicating that hiring is strong despite signs of a tightening…

Despite on ominous indicator hanging over the economy and higher interest rates on the way, Philadelphia Federal Reserve President Patrick Harker said Tuesday that he doesn't think the U.S. is heading for recession.That view, expressed…