The Dow surged 700 points after the latest core inflation report indicated a slowdown, bolstered further by strong banking ...
WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
The 10-year Treasury yield ( ^TNX) dropped over 12 basis points to trade around 4.66% after the cooler-than-expected reading.
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
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 ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its ...
Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...
Donald Trump’s second term may reshape Asia’s economy through trade policies, impacting countries reliant on US trade. While ...