PCE Inflation Slips to 2.1% Annual Rise, Moves Closer to the Fed's Target
The September personal consumption expenditures price index is the last inflation report before the central bank's November policy meeting.
Jobless claims retreat for third straight week, hit lowest level since May
Claims fall 12,000 to 216,000 versus forecast of 230,000
Dow, Nasdaq Futures Fall; Meta, Microsoft Sell off
U.S. stock futures were down. Futures for the tech-focused Nasdaq-100 led losses, down more than 1%.
Eurozone Inflation Climbs Back to Target as ECB Primes New Rate Cut
The eurozone's annual rate of inflation was in line with the European Central Bank's target in October, increasing the likelihood that policymakers will lower borrowing costs for a third straight meeting.
Big Tech Is Paving the Way for a Nuclear Breakthrough
Small modular reactors could eventually make the power source cheaper, safer and faster to build.
The Next President Inherits a Remarkable Economy
The high quality of recent economic growth should put a wind at the back of the White House's next occupant.
BOJ Holds Rates Steady, Governor Sees U.S. Economic Fog Starting to Clear
The Bank of Japan's governor struck a less cautious tone about the outlook as the central bank delivered a widely expected rate hold and reaffirmed that it's on track for stable inflation and economic growth.
China PMIs Hint at Economic Recovery
An official gauge of China's manufacturing activity rebounded in October, snapping a five-month run in contractionary territory in a tentative sign of recovery as Beijing strives to revive the economy.
Climate Change Can Take Big Toll on Asian Economies, Inaction Could Cost More, ADB Report Says
Countries in Asia-Pacific will need to spend big to adapt to climate change. But the cost of inaction could be higher, according to a new report by the Asian Development Bank.
U.S. Economic Growth Extends Solid Streak
The U.S. economy continued its recent strong stretch this summer, bolstered by hefty consumer and government spending.
(END) Dow Jones Newswires
October 31, 2024 09:00 ET (13:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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