U.S. Treasury Secretary Janet Yellen was scheduled to arrive in China on Thursday ahead of four full days of meetings with Chinese officials.
KKR says China’s real estate correction may only be halfway done
China’s real estate troubles are likely far from over and industry problems need to be addressed quickly for GDP growth to rise significantly, according to KKR.
Fed’s Powell emphasizes need for more evidence that inflation is easing before cutting rates
Federal Reserve Chairman Jerome Powell said Wednesday it will take a while for policymakers to evaluate the current state of inflation.
Watch Fed Chair Powell speak live at Stanford policy conference economic forum
Federal Reserve Chair Jerome Powell speaks Wednesday to the Stanford Business, Government and Society forum.
Stocks making the biggest moves midday: Intel, Spotify, Ulta Beauty and more
These are the stocks posting the largest moves in midday trading.
Private payrolls increased by 184,000 in March, better than expected, ADP says
Private sector job growth expanded in March at its fastest pace since July 2023, ADP reported Wednesday.
Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster’s, Paramount and more
These are the stocks posting the largest moves in premarket trading.
Euro zone inflation unexpectedly slows to 2.4% in March, with core print also below forecast
Economists polled by Reuters expected the rate to hold steady on the prior month at 2.6%.
Turkey’s inflation climbs to 68.5% despite continued rate hikes
Turkey’s annual inflation rose to 68.5% for the month of March, an increase on February’s 67.1% inflation read, according to the Turkish Statistical Institute’s report released Wednesday.
Half of adults globally are stressed about their finances, and inflation is a key reason
More than half of people said they were “very or somewhat stressed” about money.