Fed rate hikes are now ‘hurting asset prices,’ says billionaire investor Ray Dalio

Dalio, the founder of Bridgewater Associates, the world’s largest hedge fund, made those remarks in an interview with CNBC Thursday […]

Energy, services fuel jump in U.S. producer prices

U.S. producer prices rose more than expected in October and at their fastest pace in six years, but measures of […]

Dow on track for 4th gain after jobs report; Apple’s stock sinks on outlook

Stocks traded mostly higher Friday, following a stronger-than expected jobs report, with the S&P and Dow on track to notch […]

Iran sanctions seen keeping oil above $75, but 2019 demand outlook darkens

Oil is likely to stay above $75 a barrel, fueled by supply disruptions exacerbated by U.S. sanctions on Iran, but […]

Lack of wage growth brings down consumer sentiment in October

The numbers: The final reading of the University of Michigan’s consumer-sentiment index in October was 98.5, marginally below September’s level […]

Turkey’s lira weakens as nationalists say no local election alliance

Turkey’s lira Turkey’s lira weakens as nationalists say no local election alliancewas nearly 2 percent weaker against the dollar on […]