Bonds
Federal Reserve cuts rates by 'timely' 50bp, Bowman dissents
The US central bank surprised markets with a half percentage point interest rate cut.
Ex-NY Fed chief Dudley says he'd go for 50bp cut on 18 September
A former top US central bank official said the size of the Federal Reserve's first interest rate cut in the current cycle was still up in the air.
Kroger shares pop on Q2 earnings beat, updated guidance
Kroger shares were popping on Thursday, as investors digested the grocer’s updated guidance following a mixed second-quarter performance.
US producer prices rise a tad more quickly than expected, core ahead of forecasts
Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level.
US inflation undershoots forecasts in August, core CPI picks up
The rate of increase in the cost of living in the US slowed sharply last month, as food inflation slowed and energy prices fell.
US non-farm payrolls grow by 142,000 in August, miss forecasts
Job growth in the US picked up only a little in August.
US ISM services sector PMI holds up in August
A survey of the US services sector showed that activity held up in August, but companies' responses appeared to be decidedly mixed.
US layoff announcements surge in August, hiring plans at record low
There was a surge in layoff announcements at US companies last month, while hiring plans were at their lowest ebb ever recorded, the results of a survey revealed.
ISM factory PMI edges up by less than expected in August
Factory sector activity in the States shrank at a slightly lower pace in August, the results of a closely followed survey showed.