S&P 500 Falls for Fourth Straight Session on Fading Hopes for Interest-Rate Cuts
The index's losing streak is its longest since the first week of 2024.
Fed's Mester Says Recent Inflation Means Longer Wait for Rate Cuts
Loretta Mester remains optimistic about inflation coming down this year.
Pension Funds Are Pulling $325 Billion From Stocks
Some turn to bonds or private markets after major indexes' run to records.
Japan, Korea, U.S. Note 'Serious Concerns' Over Recent Currency Moves
The finance ministers of Japan, South Korea and the U.S. acknowledged "serious concerns" from Tokyo and Seoul over their respective currencies' recent sharp weakness.
BOJ Board Member Noguchi Calls for Cautious Approach on Future Policy-Tightening
The Bank of Japan should proceed carefully with further monetary policy changes, as domestic inflation still isn't very strong, board member Asahi Noguchi said.
China Reports Steady Youth Unemployment as Data Paints Mixed Economic Picture
China's youth unemployment rate remained steady in March, in what could be seen by some as a tentative sign that the world's second-largest economy is gradually stabilizing.
China Denounces U.S. Probe Into Shipbuilding Sector
The U.S. Trade Representative plans to open an investigation into China's practices.
Australia's Labor Market Remains Strong
The Australian unemployment rate edged up in March, but a jump in the number of people in full-time work will continue to feed risk that the country's central bank may sit this year out before cutting interest rates.
Bitcoin's Halving Is Coming. Miners Are Looking for New Ways to Make Money.
Crypto-industry companies turn to artificial intelligence to diversify.
U.S. Says Oil Companies in Venezuela Can Still Operate Despite Regime Oppression
Companies that entered Venezuela after U.S. lifted sanctions must apply for licenses on a case-by-case basis to remain in the country.
(END) Dow Jones Newswires
04-18-24 0115ET
