European markets react to Fed, inflation data

European markets react to Fed, inflation data

A trader works, as a screen broadcasts a news conference by U.S. Federal Reserve Chair Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange in New York City, U.S., June 12, 2024.  Brendan Mcdermid | Reuters LONDON — European stocks closed lower Thursday as regional investors reacted to … Read more

European markets watch Fed decision, U.S. inflation data

European markets watch Fed decision, U.S. inflation data

Traders work on the floor of the New York Stock Exchange during afternoon trading on June 03, 2024 in New York City.  Michael M. Santiago | Getty Images LONDON — European stocks were higher Wednesday ahead of the latest U.S. Federal Reserve decision and inflation reading. The pan-European Stoxx 600 was 0.53% higher at 9:11 … Read more

stocks, news, data and earnings

stocks, news, data and earnings

LONDON — European stocks fell on Tuesday as investors looked ahead to the Federal Reserve’s next meeting and U.S. inflation data. The Stoxx 600 index closed down 0.9%, paring slight gains earlier in the session. All sectors and major bourses closed in the red, with banks leading losses, down 2.17%. British computing startup Raspberry Pi closed … Read more

Computing firm to raise $211 million

Computing firm to raise 1 million

A Raspberry Pi 2 Model B single-board computer. Olly Curtis | Future Publishing | Future | Getty Images British computing startup Raspberry Pi on Tuesday is set to raise £166 million ($211.2 million) from its initial public offering, in a rare win for London’s main stock exchange which has struggled to attract technology listings. Raspberry … Read more

CAC 40 down 1.8% after Macron calls snap election

CAC 40 down 1.8% after Macron calls snap election

An employee enters sliding doors decorated with the stars of the European Union (EU) flag at the Berlaymont building, headquarters of the European Commission (EC), in Brussels, Belgium, on Tuesday, Jan. 28, 2020. It took 32 months, two prime ministers, and nearly 30 votes in Parliament to extricate Britain from the European Union and the … Read more

U.S. jobs report, ECB commentary

U.S. jobs report, ECB commentary

Stock price information reflected on a window at the Euronext NV stock exchange in Paris, France, on Monday, March 13, 2023.  Nathan Laine | Bloomberg | Getty Images LONDON — European stocks closed lower on Friday, as investors digested fresh U.S. jobs data and the European Central Bank’s latest interest rate commentary. The Stoxx 600 provisionally … Read more

stocks, news, data and the next ECB decision

stocks, news, data and the next ECB decision

European Central Bank (ECB) President Christine Lagarde speaks as she presents the bank’s Annual Report to the European Parliament, in Strasbourg, eastern France, on February 26, 2024. Frederick Florin | Afp | Getty Images European stocks were higher Wednesday, with investors in the region looking ahead to the next meeting of the European Central Bank … Read more

Sunak and Starmer clash in first head-to-head debate

Sunak and Starmer clash in first head-to-head debate

U.K. Prime Minister Rishi Sunak (left), leader of the incumbent Conservatives, and opposition leader Sir Keir Starmer of the Labour Party. The politicians traded barbs in their first head-to-head debate on Tuesday ahead of the July 4 General Election. Pa Images | Getty Images LONDON — Taxes emerged as a key battleground in the first … Read more

Luxury homebuyers can now get an art collection as part of the deal

Luxury homebuyers can now get an art collection as part of the deal

Los Angeles real estate company The Agency is selling homes complete with artwork and furniture. The piece shown is called “The McCoys II” (2019) and is by artist Shaina McCoy. The Agency | Nils Timm When Paul Lester joined a luxury real estate agency in Los Angeles, he decided to organize a Beverly Hills property … Read more

Fed’s Kashkari wants to see ‘many more months’ of positive inflation data before a rate cut

Fed’s Kashkari wants to see ‘many more months’ of positive inflation data before a rate cut

LONDON — The Federal Reserve should wait for significant progress on inflation before cutting interest rates, Minneapolis Federal Reserve President Neel Kashkari told CNBC Tuesday. Asked what conditions were needed for the Fed to cut rates once or twice this year, Kashkari said: “Many more months of positive inflation data, I think, to give me confidence … Read more