The Federal Reserve’s preferred inflation measure cooled in May, mildly encouraging news that could give policymakers confidence that price increases are still moderating — though progress remains slow. Although inflation has been coming down notably […]
BANGKOK — Shares were mixed Friday in Asia after China reported slower factory activity in June due to weaker consumer spending and export demand. Tokyo, Hong Kong and Seoul declined while Sydney, Shanghai and Bangkok […]
In a major speech on Wednesday outlining his economic policy, Joe Biden took a page from his old pal Barack Obama. When Obama ran for reelection in 2012, he embraced the pejorative name given to […]
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