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Powell's remarks suggest that the Fed is unlikely to reduce rates at their next gathering taking place late this month.

The Treasury secretary departs for China today. A key objective is to glean information about how Beijing expects to reach its 2024 economic growth goal.

Blue-chip firms capitalized on robust investor demand to borrow a record $529.5 billion.

Even so, Fed officials are looking for more evidence that inflation is sustainably on a downward trend, and in the meantime, they're not rushing to cut interest rates.

At the end of last year, GDP rose at a 3.4 percent annualized pace, while GDI jumped 4.8 percent, the most in two years.

As retailers and restaurants finally get relief from rising prices for goods, services, and labor, they are enjoying an increase in gross margins rather than passing the savings on to customers.

As safety concerns limit the company's ability to boost production, CFO Brian West predicts a massive cash drain this quarter—an outflow of at least $4 billion.

Swiss rates, plus various other trends in the global economy—in chart form.