Ally Financial, a leading retail auto lender, spooked investors by warning that “credit challenges have intensified” in this business over the quarter. Ally's stock fell 18% Tuesday.

TOKYO (Reuters) -Japan's core inflation hit a more than two-year high in May, exceeding the central bank's 2% target for well over three years, keeping it under pressure to resume interest rate ...

The cuts have come even though inflation has been above the bank’s target rate of 2% for most of that time. Rate-setters can’t do much about current inflation so set policy on a longer-term horizon, ...

That helped push core inflation, which excludes volatile fresh food prices, to a forecast-topping 3.7 percent -- its highest level since January 2023 -- and up from 3.5 percent in April.

Stocks drop, oil gains as Mideast unrest fuels inflation fears AFP AFP Jun 19, 2025 Updated Jun 20, 2025 1 of 3 Hong Kong stocks led losses in Asian markets ...

The US Federal Reserve held interest rates steady for a fourth consecutive meeting Wednesday, forecasting higher inflation and cooler growth this year as President Donald Trump's tariffs begin to take ...

The Federal Reserve wants to see how tariffs impact inflation, despite Trump's pressure to cut interest rates.

Stocks drop, oil gains as Mideast unrest fuels inflation fears AFP AFP Jun 19, 2025 Updated Jun 20, 2025 0 1 of 3 ...

While overall inflation rose 2.3% year over year in April, the report saw a larger 3.9% increase in “food away from home,” noting that prices had been on the decline since hitting a high in ...