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
Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists' expectations that claims would rise to 230,000.
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.
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.
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.
U.S. Stocks Fall; Meta, Microsoft Sell Off
U.S. stocks traded lower, with the tech-heavy Nasdaq leading the way down as earnings season for Big Tech rolls on.
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.
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.
Companies are increasingly talking about tariffs as Election Day nears
Republican presidential nominee Donald Trump described "tariff" as his favorite word earlier this month, and it's increasingly a word that's coming up in S&P 500 companies' quarterly earnings conference calls.
The October jobs report comes at a crucial moment - but don't expect clear answers on the economy
Job gains in October will likely be dragged down by one-off events like Hurricane Milton and the Boeing strike. Here's how that could muddy the waters for investors and the Fed.
(END) Dow Jones Newswires
October 31, 2024 11:00 ET (15:00 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.
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