Bank of Japan Holds Rates Steady, Expects Inflation to Stay Around 2%
The Bank of Japan kept its interest-rate target unchanged, a month after it made its first rate increase in 17 years.
Weaker GDP Isn't a Reason to Dump Stocks
The market fell on the news of slower-than-expected growth. But quality stocks should hold up fine.
The Dream of Fed Rate Cuts Is Slipping Away
Investors are backing away from expectations that the central bank can reduce rates in coming months, hitting markets.
The Thrill Factor Is Back for Retail Investors
Trading activity at Charles Schwab, Morgan Stanley and Robinhood has reached the highest levels since early 2022.
States Take On China in the Name of National Security
State officials, overriding local interests such as new investment and jobs, say they are acting where Congress hasn't to address American distrust of Beijing.
Trump Allies Draw Up Plans to Blunt Fed's Independence
Some Trump advisers argue that the president could help set interest rates and oust Jerome Powell as Federal Reserve chair.
U.K. Consumer Confidence Ticks Higher
Research group GfK's consumer confidence barometer climbed to minus 19 in April from minus 21 in March, marking the first uptick in sentiment since January.
Mix of Slowing Growth, Firm Inflation Worries Investors
Another high inflation reading will continue to make it difficult for the Fed to cut rates in the near term.
Canada's 'Extremely Mature' Grocery Market Leads Some Foreign Players to Pass on Entry
Canadian officials are likely to get cold shoulders without some package of financial incentives, analysts said.
Pending home sales see unexpected jump in March, despite rising mortgage rates
U.S. pending home sales rose 3.4% in March from the previous month, the National Association of Realtors said on Thursday.
(END) Dow Jones Newswires
04-26-24 0515ET
