The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The week's investing action plan includes a strong dose of pharma and biotech earnings, January econ reports, plus Amazon and ...
Stocks rose in January of that year, with the S&P 500 gaining 5.6%. But the index ultimately finished the year down 6.2%, according to FactSet data, after rising bond yields provoked a panic on Wall ...
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in ...
Nvidia was the fourth-worst performer with a loss of 7.3%, its biggest monthly decline since October 2023. Nvidia stock t ...
The Federal Reserve's preferred inflation gauge, known as the personal consumption expenditures index, rose in December in ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
Traders on Friday kept bets that the Federal Reserve will wait until June to resume interest rate cuts, after government data showed inflation by the U.S. central bank's targeted measure ticked up to ...