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China’s drive towards self-sufficiency in soybeans, a crucial commodity for human and animal protein consumption, is altering global agricultural trading flows. The push for independence in…
The Federal Reserve needs to “wait, watch and see” how the economy evolves before making any interest-rate moves, said Fed Governor Christopher Waller on Wednesday. Although…
What’s fueling consumers’ ‘surprising’ spending power? Refinanced mortgages play a role, NY Fed says
As high inflation and high interest rates have pummeled consumers, many observers expected consumer spending to slow down this year, but instead, spending has shown “surprising”…
Ohio Republican Jim Jordan failed to win enough votes to be elected House speaker on Tuesday, and the chamber plans to reconvene at 11 a.m. Wednesday…
Exchange-traded funds that buy stocks in the financial sector struggled Wednesday, with Morgan Stanley’s steep drop landing it among the S&P 500’s worst performers. Shares of…
Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the…
Rep. Jim Jordan’s bid to become speaker of the U.S. House of Representatives failed Wednesday for the second time in as many days, a devastating blow…
Federal Reserve Governor Christopher Waller on Wednesday indicated the central bank can afford to hold off on interest rate increases while it watches progress unfold in…
Key Takeaways Retail sales spike initially, markets stabilize later. Strong China GDP eases dollar pressure. Earnings season begins with mixed results A stronger than expected Retail…
JOHANNESBURG (Reuters) – South Africa’s central bank said on Tuesday that upside risks to inflation had strengthened over the past months, heightening uncertainty about a precise…

