Lagarde Says June Rate Cut Possible if Data Meets Hopes
The European Central Bank will be able to lower its key interest rate in June if forthcoming data on inflation and wages comes in line with its projections, Christine Lagarde said.
The European Central Bank will be able to lower its key interest rate in June if forthcoming data on inflation and wages comes in line with its projections, Christine Lagarde said.
Steward Health Care had gone on a dealmaking spree involving a big hospital landlord and a private-equity firm.
Cash has been a hot investment since the Fed started raising rates, but the landscape is changing as the central bank considers cutting.
Corporate security executives are beefing up supplier oversight following extensive supply-chain attacks.
The company says supplier deliveries have been slow, pushing the manufacturer to spend more on airfreight.
The U.S. Center for SafeSport is facing criticism over how long it takes to resolve cases—and how often its resolutions are inconclusive. It promises change is coming.
A measure of U.S. home-building rose more than economists expected in February, signaling that January’s declines may have just been a blip.
Drinks magnate Zhong Shanshan is facing a torrent of questions about his loyalty despite being defended by the media and local officials.
Chinese technology giant Tencent Holdings reported worse-than-expected earnings in the fourth quarter as the company continued to navigate a slowing economy.
The government grant is the largest yet to come from the $53 billion Chips Act.
Stolen-election claims draw cheers at campaign rallies, but muddle the party’s get-out-the- vote effort.
Shares in European luxury stocks fell after Kering warned that first-quarter sales were expected to decline due to a steep sales drop at Gucci, raising concerns about demand in Asia-Pacific.
The youth unemployment rate in China rose for February, another data point signaling weakness in the country’s economic recovery.
The U.K.’s annual rate of inflation fell to its lowest level since September 2021 in February and is on course to hit the Bank of England’s target over coming months as home energy prices are set for another large drop.
Indonesia’s central bank stood pat at its March policy meeting, as widely expected as it continues to keep an eye on rupiah stability and inflation risks.
Lonza agreed to buy a manufacturing facility in the U.S. from Roche for around $1.2 billion in cash as it seeks to boost growth of its biologics division.
Samsung Electronics shares rallied after reports of Nvidia looking to buy high bandwidth memory chips from the South Korean company.
Prudential PLC’s adjusted operating profit rose in 2023, beating analysts’ consensus forecast amid lower central costs and higher earnings from Eastspring, its asset management business.
Prudential’s adjusted operating profit rose in 2023, beating forecasts, helped by a 45% gain in new business earnings, lower costs and a higher contribution from its asset management business.
Recent weeks have shown that too little information, and too little access, is also perilous: The vacuum is likely to be filled by fake news and cranks on social media.
It is terrible news for consumers who have been left behind, and bad too for investors in the companies that sell to them.
The U.S.’s Minuteman nuclear missiles were only supposed to last 10 years—now, they’ve defended the U.S. for more than 50. WSJ explains the logistical challenges of replacing them.
The death of Marwan Issa, the No. 3 official in Hamas’s Gaza hierarchy, helps Israel but isn’t a decisive blow, analysts said.
Nvidia’s next generation of artificial-intelligence chips will be affordably priced to appeal to a wide group of customers, Chief Executive Jensen Huang said.
The global experiment with negative interest rates ended when the last holdout, the Bank of Japan, moved its key policy rate back to at least zero.
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