Fed leaders signal prolonged inflation fight ...

The Labor Department said today that 206,000 new jobs were created in June and the May jobs number was revised down; wages rose 0.3% last month; stocks, bonds and the British pound all rose today after the Labour Party’s resounding victory; Saks Fifth Avenue is buying Neiman Marc ...  Show more

Markets hit new highs; Fed minutes show a wait and see approach to rate cuts; Labor market shows more signs of slowing; Skydance-Paramount deal back on. 

Federal Reserve Chairman Jerome Powell has pushed back on the timing of a rate cut. European Union leaders have unanimously agreed to extend 50 billion euros in aid to Ukraine, overcoming weeks of resistance from Hungary. We go inside Donald Trump’s inner circle to find out how s ...  Show more

Elon Musk says Tesla shareholders are voting to approve his $56 billion pay package. The Federal Reserve holds interest rates as it waits for inflation to cool, delaying a cut until as late as December. And still basking in her EU election triumph, Italy’s prime minister Giorgia ...  Show more

Central banks in Europe and the US left borrowing costs untouched this week. But the latter went a step further and unexpectedly promised cuts. In this Viewsroom podcast, Breakingviews columnists explain how ratesetters, who were slow to tackle inflation, could be laggards again. ...  Show more

Freight costs are soaring as militants target ships on a crucial trade route. In this Viewsroom podcast, Breakingviews columnists debate how inflation could rise and which companies could suffer if the tensions aren’t resolved soon. Visit the Thomson Reuters Privacy Statement for ...  Show more