The U.S. central bank should continue raising interest rates on the back of recent data showing inflation remains persistent while the broader economy seems poised to continue growing, even if slowly, St. Louis Federal Reserve President James Bullard said.
Southwest Airlines Co's flights resumed operation Tuesday after a one-hour nationwide stoppage, which the U.S. airline said was caused by a firewall failure.
Gold prices rose on Tuesday after two sessions of losses as the dollar eased, while investors sought more clarity on the U.S. Federal Reserve's monetary policy stance.
Bank of America Corp's first-quarter profit beat analysts' estimates as it collected hefty interest payments from customers, while its bond traders had their best quarter in a decade.
Canada's annual inflation rate eased in March to 4.3%, its slowest pace in 19 months but still more than double the Bank of Canada's 2% target, data showed on Tuesday.