Economic events

A trader works on the trading floor at the New York Stock Exchange (NYSE) in New York City, January 26, 2023.Andrew Kelly | ReutersStocks rose Friday, and all the major averages headed for a winning week fueled by better-than-expected…

President Joe Biden cheered the news of higher than expected GDP growth and slammed Republican plans to impose a national sales tax in a speech Thursday at a steamfitters union hall in Springfield, Va., his first major economic speech of…

Tokyo's inflation stays above Bank of Japan's targetConsumer prices in Japan's capital Tokyo rose by 4.3% in January, higher than expected by economists polled by Reuters.The reading also maintained levels higher than the Bank of Japan's…

The Nasdaq Composite rose Thursday as traders combed through the latest batch of corporate earnings and fourth-quarter gross domestic product that came in above expectations.Stocks were mixed in early morning trading, with the tech-heavy…

Hyundai posts stellar fourth quarter profitsHyundai Motor posted a net income of 1,710 trillion won ($1.4 billion) for the fourth quarter ending December, marking a 143.8% increase year-on-year.In spite of the stellar results, the reading…

The logo of Credit Suisse Group in Davos, Switzerland, on Monday, Jan. 16, 2023.Bloomberg | Bloomberg | Getty ImagesThe Qatar Investment Authority is the second-largest shareholder in Credit Suisse after doubling its stake in the embattled…

Fed likely to discuss next week when to halt hikes, Journal report saysFederal Reserve officials next week are almost certain to approve another deceleration in interest rate hikes while also discussing when to stop the increases…

Jamie Dimon, President, CEO & Chairman of JP Morgan Chase, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 19th, 2023. Adam Galica | CNBCJPMorgan Chase CEO Jamie Dimon said Thursday that politicians should be serious…

China's reopening has been one of the most discussed topics at the World Economic Forum in Davos.Bloomberg | Bloomberg | Getty ImagesDAVOS, Switzerland — China's economic reopening might boost global growth, but the business leaders and…

DAVOS, Switzerland – The finance and tech CEOs gathering at the World Economic Forum this week expressed measured optimism about the economy in 2023 — but at least one major risk looms for markets, they said.The resilient U.S. economy, a…