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...US headline inflation slowed to 3.1 per cent in January, a smaller drop than expected, challenging market expectations that the Federal Reserve will begin cutting interest rates in May....
...The “core” price consumption expenditures figure rose 2 per cent during the fourth quarter, matching the advance estimate but 0.1 percentage point below the second estimate....
...The tech-heavy Nasdaq Composite slipped 0.1 per cent....
...Dara had been due to leave Paris early for LA, on Sunday 3 March, so she could prepare for Schafer’s looks....
...The S&P 500 slipped 0.1 per cent in the final trading session of the week but the index gained 2.3 per cent since last Friday’s close, after Federal Reserve chair Jay Powell on Wednesday indicated a preference...
...The resulting AW24 collection had a 1960s, left-bank, polished beatnik look about it, complete with the kind of black polo necks worn by Audrey Hepburn during the famous Paris jazz club scene in the movie...
...Economists polled by Bloomberg had expected the annual rise in consumer prices to remain unchanged from January’s rate of 3.1 per cent....
...That left headline inflation lower than the 3.5 per cent rate forecast in a Reuters poll of economists....
...The Lionesses’ 3-1 victory sets up a final against Spain at a tournament that has delivered record broadcast audiences and attendances, with a first-time World Cup champion guaranteed after heavyweights...
...Even excluding these, orders still fell 2.1 per cent in January. January’s decline was almost double the 6 per cent fall forecast by economists in a Reuters poll....
...The price of oil hit a four-month high, with benchmark Brent crude rising 1.8 per cent to $86.69 a barrel....
...IAG on Thursday reported operating profits for 2023 that were more than double the €1.3bn the year before, and ahead of the €3.3bn in 2019, the last year before the pandemic disrupted aviation....
...The headline consumer price index figure fell to 3.1 per cent, marginally below October’s 3.2 per cent....
...Chief executive Roisin Currie said the company was on track to double sales by 2026 and to have “significantly more than 3,000 shops in the UK over the longer term”....
...French inflation figures released on Thursday showed a smaller than expected slowdown to 3.1 per cent in February....
...The precious metal’s price was down 1.2 per cent at $2,156.75 per troy ounce in afternoon trading in New York on Tuesday, after moving higher for nine days in a row and reaching a record high....
...Gross domestic product grew 3.2 per cent in the fourth quarter, the commerce department said on Wednesday, down from its initial estimate of 3.3 per cent....
...At today’s share price, TMTG is worth almost $9bn and Trump’s stake in it is valued at approximately $3.5bn....
...That is in line with a figure guided to by President Vladimir Putin on January 1, but is higher than the forecast of the ministry of economic development, which assumed growth of 3.5 per cent....
...Five more top stories 1....
...The five institutes forecast that growth in German gross domestic product this year would be 0.1 per cent, down from their earlier expectation of 1.3 per cent six months ago....
...Five of Germany’s top economic institutes have slashed their growth forecasts for Europe’s largest economy this year to 0.1 per cent, down from their 1.3 per cent forecast six months ago....
...The city’s benchmark Hang Seng index rose 1.3 per cent while the Hang Seng Tech index increased 1.7 per cent and the Hang Seng China Enterprises index of large cap stocks added 1.8 per cent....
...Fresnillo dipped 2 per cent, Anglo American was down 1.3 per cent, and Rio Tinto fell 1.1 per cent....
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