US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest ...
Banks were among Wednesday’s biggest gainers after several of Wall Street’s biggest lenders posted big rises in quarterly profits, driven by strength in investment banking and trading. Citigroup, ...
A hot December jobs report, combined with a murky inflation outlook for 2025, has some economists debating if the Federal Reserve may need to hike interest rates again.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong ...
Cool wholesale inflation numbers provide only slight relief before Wednesday's release of December Consumer Price Index data.
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday.
A mood of cautious optimism dominated world markets ahead of the release of monthly U.S. CPI data that holds considerable sway over the Fed's easing plans. Positive earnings ...
Producer Inflation Expected to Stay Stubbornly High The Bureau of Labor Statistics will ... Fresh worries about rising prices are troubling Wall Street. Balance of Power Shifts Back Toward Bosses With ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
Gross domestic product grew 5.4% year-on-year in the three months to December, more than expectations of 5% and picking up ...