Stock Market & Investment News

WE are seeing global central banks shifting away from an ultra-low interest rate environment, especially in advanced economies, including the Federal Reserve (Fed), Bank of England (BoE), and European Central Bank (ECB). Read full story

NEW YORK: Bad news may once again be good news on Wall Street, as signs of slowing U.S. growth fan hopes that the Federal Reserve may not need to tighten policy as much as previously expected. Read full story

NEW YORK: Global markets enjoyed a broad-based rally on Friday, while the yield on benchmark U.S. Treasuries fell after data showed that U.S. consumer spending rose in April and the uptick in inflation slowed, two signs the world’s largest economy could be on track to grow this quarter. Read full story

HOUSTON: Oil prices rose on Friday, closing out the week with gains ahead of the U.S. Memorial Day holiday weekend, the start of peak U.S. demand season, and as European nations negotiate over whether to impose an outright ban on Russian crude oil. Read full story