Retirees Will Get a Smaller Social Security Raise in 2025—and That’s OK
Next year’s cost-of-living adjustment is expected to be 2.6% as inflation cools.
Inflation Data in Focus
Stock futures slipped ahead of the August consumer-price index, one of the last big data releases before next week’s Fed meeting.
Gold Edges Higher Amid Softer U.S. Dollar, CPI Expectations
Gold prices edged higher on a softer U.S. dollar and as traders awaited U.S. inflation data that could determine the size of […]
Sterling Slips After U.K. GDP Data
Sterling fell against the euro and pared gains against the dollar after data showed the U.K. economy unexpectedly flatlined in July.
Rentokil Initial Warns on Profits as U.S. Sales Slow
Rentokil Initial forecast adjusted profits for the year of around £700 million, short of previous forecasts, after revenue growth slowed at its […]
UniCredit Takes 9% Stake in Commerzbank
The Italian lender said it would engage with Commerzbank to explore value-creating opportunities and that it would submit regulatory filings for authorization […]
Oil Regains Some Ground on Hurricane Disruption Fears
Oil prices rose, paring some of the previous session’s losses, driven by Gulf of Mexico supply disruption fears after Francine strengthened into […]
Harris Used Debate to Define Herself—and Trump
The principal task for both candidates going into their first-ever meeting was to define the race’s newer entrant, But to a remarkable […]
Inditex Posts Sales Growth at Start of Fall-Winter Season
Zara parent Inditex said sales rose 11% at the start of its fiscal third quarter, boosted by interest in its new collections.
Mexican Legislature Passes Judicial Overhaul
Critics say the contentious shake-up could discourage foreign investment and undermine judicial independence,
German 10-Year Bund Yield Seen on Track Toward 2% in Coming Weeks
The bullish momentum in U.S. Treasurys could bring the year-to-date 10-year Bund yield lows near 2% into sight in the coming weeks, […]