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The dollar surged and government bonds rallied on Monday, while stock markets tumbled, as traders considered the prospect of further aggressive interest rate rises in the US and intensifying recession risk in Europe.The dollar…

New York CNNBusiness  —  The chaotic mix of record fuel prices and an unending supply chain crisis have retailers considering the unthinkable: Instead of…

 U.S. stocks struggled for direction in another choppy session Thursday amid renewed concerns over the economy and a weak outlook from market bellwether Microsoft (MSFT).The S&P 500 dipped 0.2%, while the Dow Jones Industrial Average…

ALBANY, N.Y. (AP) — Millions of New Yorkers should expect tax relief, thanks to the next state budget, but it’s far from clear how the state will use billions in rising tax revenues this year. Any big spending increases will depend in…

Futures tied to Wall Street’s major indexes rose slightly in extended trading Wednesday after a turbulent earlier session that saw stocks reverse gains into the close after the Federal Reserve signaled interest rate hikes could come as…

Fed Chair Jerome Powell appeared to signal that restraining inflation is now the key to sustaining economic expansion. Attention now turns to policy announcements later Thursday from the European Central Bank and the Bank of…