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(Bloomberg) -- Global markets were treading water on Friday before the release of US inflation data that could shift the narrative of the Federal Reserve’s fight against inflation. The US is expected to release its annual revisions to its consumer price index at 8:30 a.m. New York time. Last year, the update was significant enough to cast doubt on overall inflation progress and traders were speculating again that the recalculations might sway views over when the Federal Reserve will cut interest rates. “This could have important implications for the Fed,” wrote analysts at Rabobank in a ...

Disgraced Nikola Corp. founder Trevor Milton is seeking to put five candidates onto the electric big rig maker’s board, including the star of a…

(Bloomberg) -- European futures slipped, as investors remained cautious ahead of US inflation data and Asia settled into holiday mode for the Lunar New Year. US stock-index futures inched lower. The MSCI Asia Pacific Index fell 0.2%, though was still on track for its third weekly gain amid a flurry of stimulus announcements as China attempted to stem an equity market slump. Hong Kong’s Hang Seng Index and a measure of Chinese equities in Hong Kong dropped ahead of early closures, though both gauges are higher for the week thanks to a big gain on Tuesday on optimism around state support. “W...

Global markets were treading water on Friday before the release of US inflation data that could shift the narrative of the Federal Reserve’s fight against…

Wall Street got a bit of encouragement after an uneventful US inflation revision lifted stocks in early trading, with traders now shifting gears to next…