Wall Street finally has something to celebrate after starting the new year on a dour note. Wednesday’s sharp rally in the U.S. stock market triggered a sudden slide in Wall Street’s “fear gauge,” ...
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...
DoubleLine Capital CEO Jeffrey Gundlach believes the Federal Reserve is missing the bigger picture again.
The latest consumer price index report shows inflation rose 2.9% year-over-year in December, marking three months of ...
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
While the Labor Department released a closely watched report on Wednesday showing U.S. consumer prices increased by slightly more ...
Following the release of the inflation data at 0830 ET, the benchmark S&P 500 (SP500) is now +1.6%. Moreover, the Nasdaq ...
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Annual inflation in the United States has risen substantially, from 2.7% in November to 2.9% in December, coinciding with the ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...