*Reflation putting end to deflation scare. SYDNEY/ LONDON, May 6- A rapid revival of commodity prices and a sudden sell-off in top-rated, low-yielding bonds have signalled the passing of this year's global deflation scare, forcing a rethink of both the consumer price outlook and investments worldwide. "There has been a profound easing in financial conditions...» Read More
The global hiring outlook for the first quarter of 2008 remains healthy despite a slightly softer jobs forecast for the United States, a quarterly survey by Manpower Inc, one of the world's largest employment services companies, showed Tuesday.
China's factory gate prices jumped 4.6 percent in the year to November, overshooting forecasts by a wide margin and fueling concern that inflation could pose a stiffer challenge than many anticipated.
The dollar retreated against most major currencies Monday, reversing some recent strong gains ahead of an expected Federal Reserve interest rate cut this week.
A lot has changed since the Federal Reserve hinted two months ago that it might be finished cutting interest rates for a while.
Japanese core machinery orders rose more than expected in October, suggesting Japanese corporate activity remained resilient in the face of concerns over turmoil in global financial markets.
The dollar rose against the yen Friday, as a slightly-above-forecast jobs report eased was seen reducing the chance of an aggressive interest rate cut.
Treasury Secretary Henry Paulson defended the Bush administration's subprime mortgage plan, telling CNBC that it is not a federal bailout.
If cars and homes need insurance, investors should have it, too. Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Employers added 94,000 jobs in November, but a slowdown in recent months fueled speculation of a modest rate cut next week.
A senior White House economist said on Friday he believes the U.S. economy is still strong and not headed for recession, though it remains at risk from the slumping housing market.
U.S. consumer sentiment soured for a third month in December as a housing recession andexpensive gasoline left consumers at their gloomiest since the aftermath of Hurricane Katrina, a report showed Friday.
Economists predict a modest gain of 70,000 in payrolls. But a strong private-sector report has the market looking for a positive surprise that could give the Fed license to cut.
Japan's foreign reserves, the world's second-largest, rose to a record $970.185 billion at the end of November, largely because lower U.S. interest rates boosted the value of U.S. bonds held in the reserves, the Ministry of Finance said on Friday.
Japan's revised down third-quarter growth on Friday, surprising markets that had expected an upward revision, prompting many to suggest it might now be late next year before the Bank of Japan can raise rates.
South Korea's central bank held interest rates steady for a fourth consecutive month on Friday, brushing aside growing local inflation but mindful that persistent financial turbulence was clouding the global economy.
The euro rose against the dollar and the yen on Thursday after the European Central Bank left interest rates on hold but President Jean-Claude Trichet warned of "strong upward pressure" on inflation.
This is a timeline of the European Central Bank's rate decisions for 2007.
New Zealand's central bank held interest rates steady on Thursday at 8.25 percent as expected, and said it was likely to keep them there for longer than it had previously thought because of increasing inflation concerns.
The dollar rose to a one-month high against a basket of currencies Wednesday after reports showing robust job growth and productivity gains suggested a milder slowdown in the U.S. economy than many had thought.
The United States is at an "elevated" risk of economic recession because of housing woes, faltering confidence within financial markets and high oil prices, the nonpartisan Congressional Budget Office said Wednesday.