Stock market today: Global shares mostly advance ahead of U.S. inflation report

TOKYO — Global shares gained Friday as traders looked ahead to a key report on inflation…

How high interest rates are squeezing Californians

By the numbers, the overall U.S. economy may look good, but down at the street level…

Stock market today: Wall Street barely budges ahead of inflation report

NEW YORK — Stocks barely budged on Wall Street Thursday as markets wait for a key…

UK inflation falls to Bank of England’s 2% target rate for first time in nearly 3 years

LONDON — Inflation in the U.K. returned to the Bank of England’s target rate of 2%…

Luxury sales are flattening amid a self-inflicted creativity crisis and price hikes, study finds

MILAN — The post-pandemic surge in global sales of luxury handbags, shoes and apparel is set…

Stock market today: Wall Street drifts after mixed economic reports, more AI ebullience

NEW YORK — U.S. stocks are drifting around their records Thursday following some mixed data on…

Cars? Pork? Perfume? China has many options if a trade war breaks out with Europe

BEIJING — Now that Europe has announced tariffs on China-made electric cars, the continent is bracing…

Stock market today: Wall Street rallies with bitcoin and gold after inflation unexpectedly slows

NEW YORK — U.S. stocks are jumping amid a worldwide rally Wednesday following a surprisingly encouraging…

Inflation eases in May, but don’t expect relief on interest rates anytime soon

WASHINGTON —  Consumers in the West Coast and across the nation received a bit of relief last…

Federal Reserve is likely to scale back plans for rate cuts because of persistent inflation

WASHINGTON — Federal Reserve officials on Wednesday will likely make official what’s been clear for many…