Monetary policy
- Stock Market
U.S. pending home sales rise 2.5% in December. Realtors say the housing market is in recovery mode.
The numbers: U.S. pending-home sales rose 2.5% in December, reversing a six-month losing streak, according to the monthly index released…
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Inflation rate slows again to 15-month low, PCE shows, as U.S. economy weakens
The numbers: The cost of U.S. goods and services rose a scant 0.1% in December in yet another sign inflation…
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Pakistani rupee plummets as markets adjust to removal of unofficial controls | CNN Business
The Pakistani rupee fell 9.6% against the dollar on Thursday, central bank data showed — the biggest one-day drop in…
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U.S. economy grew a sturdy 2.9% at the end of 2022, GDP shows — but don’t look for a repeat soon
The numbers: The economy grew at a robust 2.9% annual pace in the fourth quarter, but the U.S. faces tough…
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Treasury yields hold steady as investors assess monetary policy outlook
U.S. Treasury yields were little changed Monday as investors mulled the Federal Reserve’s next interest rate decision and considered the…
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Here’s what will happen to the economy as the debt ceiling drama deepens | CNN Business
Minneapolis CNN — After the United States hit its debt ceiling on Thursday, the Treasury Department is now undertaking “extraordinary…
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Did the economy end 2022 with a bang or a whimper? | CNN Business
A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign…
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Dow, S&P 500 book third straight day of losses as investors digest mixed signals on economy
U.S. stocks ended lower for a third straight session Thursday as investors weighed mixed signals on the strength of the…
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Inflation in Japan hits highest level in 41 years | CNN Business
Tokyo Reuters — Japan’s core consumer prices in December rose 4.0% from a year earlier, double the central bank’s 2%…
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Why Egypt is asking its people to eat chicken feet | CNN Business
Editor’s Note: A version of this story appears in today’s Meanwhile in the Middle East newsletter, CNN’s three-times-a-week look inside…
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