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Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

Fed's Kashkari says inflation is still too high in 'all aspects' of US economy, in Fox News interview

By Doina Chiacu Sept 20 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

Wall St set for higher open as AI stocks rise, oil slides

Wall St set for higher open as AI stocks rise, oil slides

By Johann M Cherian and Tharuniyaa Lakshmi Sept 21 (Reuters) - The main US stock indexes were on track to rise at the open on Monday, boosted by AI-led gains, as Treasury yields retreated and crude prices tumbled more than 2% to hit an 11-day low on indications of progress in Middle East

Wall St futures rise as AI stocks rally, crude prices fall

Wall St futures rise as AI stocks rally, crude prices fall

By Johann M Cherian and Tharuniyaa Lakshmi Sep 21 (Reuters) - US stock futures were higher on Monday, driven by gains in AI shares as Treasury yields took a beating and oil slid 2% to hit an 11-day low on signs of progress in Middle East talks.

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

Federal Reserve rate hike reflects new world of sticky inflation and faster growth

President Donald Trump has renewed his attacks on the Federal Reserve after it hiked its benchmark interest rate Wednesday, but the Fed matters less than broader economic trends when it comes to longer-term borrowing costs, economists say

Tech leads shares higher in Asia as oil slips

Tech leads shares higher in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets edged higher in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more oil was finding its way out of the Middle East than previously thought despite the ongoing conflict in the Gulf.

Tech lifts share markets in Asia as oil slips

Tech lifts share markets in Asia as oil slips

By Wayne Cole SYDNEY, Sept 21 (Reuters) - Share markets rose in Asia on Monday as AI's insatiable demand for data buoyed chipmakers, and oil eased on reports more supply was finding its way out of the Gulf than previously thought despite the ongoing conflict.

Fed's Kashkari says inflation is still too high across US economy, in Fox News interview

Fed's Kashkari says inflation is still too high across US economy, in Fox News interview

Sept 20 (Reuters) - Minneapolis Federal Reserve President Neel Kashkari said on Sunday that inflation is too high across all sectors of the US economy, not just in rising oil prices.

US factory production falls in August; outlook clouded by rising costs

US factory production falls in August; outlook clouded by rising costs

By Lucia Mutikani WASHINGTON, Sept 18 (Reuters) - US factory production unexpectedly fell in August and higher oil prices and rising interest rates could offset some of the support from an artificial intelligence buildout, likely keeping activity moderate for the rest of the year.

Fed's Bowman says overhaul of bank stress test will make process more transparent

Fed's Bowman says overhaul of bank stress test will make process more transparent

By Pete Schroeder WASHINGTON, Sept 18 (Reuters) - The Federal Reserve's top regulatory official said on Friday the US central bank will soon finalize an overhaul of its "stress test" of big banks to make the process more transparent and the results more predictable for lenders, handing the industry

Wall St set for tepid open as oil prices fall, Treasury yields rise

Wall St set for tepid open as oil prices fall, Treasury yields rise

By Niket Nishant and Tharuniyaa Lakshmi Sept 18 (Reuters) - The major US stock indexes were set for a subdued open on Friday, as lower oil prices and higher Treasury yields sent conflicting signals on a day with few fresh catalysts.

Take Five: High stakes, low bars

Take Five: High stakes, low bars

Sept 18 (Reuters) - World markets have another high-stakes week in store, with a summit between the US and Chinese presidents in Washington and the United Nations General Assembly taking place against a backdrop of multiplying global crises.

Global shares fall, Treasury yields rise as central banks double down on inflation fight

Global shares fall, Treasury yields rise as central banks double down on inflation fight

By Amanda Cooper and Chibuike Oguh NEW YORK/LONDON, Sept 18 (Reuters) - Equities around the world fell while Treasury yields rose on Friday, as markets approached the end of a turbulent week marked by a global push by central banks to quell inflation.