Fed Chairman Jerome Powell said the PCE inflation report in December is expected to show prices rose 2.6% in the past 12 months, or a somewhat higher 2.8% based on the core rate that omits food and ...
U.S. stock indexes are rallying toward the close of their best week in two months. The S&P 500 rose 1.1% Friday.
The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today's ...
NEW YORK (AP) — U.S. stocks are drifting around a record on Friday as they head for the close of a second straight winning ...
U.S. stocks dipped on Thursday as a jump in the prior session cooled, while investors eyed the most recent corporate earnings ...
Wall Street strongly rebounded on dual tailwinds of cooling inflation data and a slew of solid earnings results from the financial sector. All three major indexes registered their biggest daily ...
Consumer prices unexpectedly picked up pace in a sign inflationary pressures remain strong at the start of 2025, largely due ...
Asian shares are mostly higher in muted trading after the U.S. Federal Reserve opted not to cut interest rates for the first ...