Wall Street set for muted open after in-line monthly producer prices
U.S. stock indexes were on track for a subdued open on Thursday after monthly producer prices rose as expected, with ...
The Globe and Mail14m
Stocks Steady Before the Open With Focus on Key U.S. PPI Data and Powell Speech, Disney Earnings on Tap
Also, Dallas Fed President Lorie Logan said that although further interest rate cuts are likely needed, policymakers should proceed cautiously, given uncertainties about the restrictiveness of current ...
Coach owner Tapestry calls off Capri bid on regulatory blocks
Fashion group Tapestry said Thursday that it was dropping its $8.5 billion bid for Capri, the owner of luxury brands ...
The Globe and Mail48m
US wholesale inflation picks up slightly in sign that some price pressures remain elevated
The Fed raised its benchmark interest rate 11 times in 2022 and 2023 to a 23-year high. The resulting much higher borrowing costs were expected to tip the United States into recession. It didn’t ...