ISTANBUL: European stock exchanges closed with gains on Friday to finish the week in a high note.
The STOXX Europe 600, which includes around 90% of the market capitalization of European markets in 17 countries, was up 4.57 points, or 0.88%, to close…
ISTANBUL: Inflation and interest rates in the US may stay higher than the market expects, JPMorgan Chase Chairman and CEO Jamie Dimon said Friday.
“There has been some progress bringing inflation down, but there are still multiple inflationary forces…
The Nasdaq and the S and P 500 retreated from their record-high levels to close Thursday with losses and ending their seven consecutive trading days of winning streak.
The S and P 500 climbed to an all-time high level of 5,642.45 points during the se…
High inflation levels prove to be persistent in some frontier markets, less advanced economies in the developing world, the Fitch Ratings said Thursday in a statement.
“Annual inflation rates in Frontier Markets (FM) have generally moderated in recen…
The US posted a federal budget deficit of $66 billion in June, according to Treasury Department figures released Thursday.
For June, total receipts, or income, were around $466 billion against total outlays, or spending, of $572 billion.
For receipt…
The “hardest” time in inflation was left behind by Trkiye, the Turkish treasury and finance minister stated on Thursday, adding that the country is at the threshold of a disinflation period.
Mehmet Simsek said the annual inflation rate will probably…
