By MARTIN CRUTSINGER, AP Economics Writer The Federal Reserve has left its benchmark interest rate unchanged but signaled that it expects to resume raising rates gradually to reflect a healthy job market and economy. At Janet Yellen’s final meeting as chair Wednesday, the Fed kept its key short-term rate in a still-low range of 1.25 percent […]
Tag: market
Global stocks sink as investors turn more cautious
By ELAINE KURTENBACH, AP Business Writer TOKYO (AP) — World stocks skidded lower on Tuesday as investors turned cautious about recent record highs and Wall Street suffered its biggest loss in over four months the day before. KEEPING SCORE: The DAX in Germany lost 0.6 percent to 13,240 and the CAC 40 in France shed 0.5 […]
Global stocks recoup losses, dollar steady as eyes on Trump
By YOUKYUNG LEE, AP Business Writer SEOUL, South Korea (AP) — Stocks mostly rose Friday, recouping losses from earlier in the week, as the dollar steadied against other currencies. Investors are watching for President Donald Trump’s comments later in the day to the World Economic Forum in Davos, Switzerland. KEEPING SCORE: Britain’s FTSE 100 gained 0.4 […]