Stock Futures Flat With Inflation Report in Limelight

Stock futures were little changed as investors await April's consumer-price index data. 


 
Eurozone Inflation Set to Ease More Rapidly, EU Says

The eurozone's annual rate of inflation is set to fall faster than previously expected as economic growth remains anemic, and hit the European Central Bank's target earlier in 2025. 


 
IEA Lowers 2024 Oil-Demand Growth Forecast on Slow Start of the Year

The International Energy Agency cut its forecast for oil-demand growth this year as subdued industrial activity and mild winter temperatures reduced gasoil consumption across some of the world's largest economies, particularly in Europe. 


 
Retail Sales Are Yet Another Test of Consumer Demand. The New Data.

Economists predict April's retail sales will tick up by 0.4% from the previous month. 


 
Why the Hybrid Boom Is Funding EVs

Japan's carmakers have been churning out record profits thanks to the weak yen and strong hybrid sales, creating a war chest for electric-vehicle investments. 


 
Is Roaring Kitty the Internet's Warren Buffett?

GameStop's ludicrously high valuations before this week's rally suggests that online subcultures might have a permanent influence on the market. 


 
Senate Group Recommends Spending Tens of Billions of Dollars on AI

A bipartisan group published a road map for artificial-intelligence policy to stay ahead of China, while addressing the technology's potential harm. 


 
China's Central Bank Holds Key Policy Rates Steady

The People's Bank of China held key policy rates steady, a move that could preface a hold on benchmark lending rates later this month. 


 
European Development Bank Flags Higher Risk Premium Due to Lingering Cost of Russia's War

The economies of central Europe are set for stronger growth this year and next as inflation cools, but Russia's invasion of Ukraine will continue to cast a shadow over their prospects in the form of higher borrowing costs, the European Bank for Reconstruction and Development said. 


 
Women Will Call the Shots on Interest Rates at the Bank of England

The BOE is about to become the first major central bank in which a majority of the people voting on interest rates will be women.


(END) Dow Jones Newswires

05-15-24 0715ET