Dow Jones dived after hot inflation data in the stock market today. Nvidia partner SMCI soared. Fed Chief Powell continued ...
The Bureau of Labor Statistics reported Wednesday that the CPI rose 3.0% on an annual basis in January compared to the same month last year, an uptick from 2.9% in December. On a monthly basis, the ...
The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed ...
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a trend that will likely underscore the Federal Reserve's resolve to delay any further interest rate cuts.
Inflation picked up for a fourth straight month in January amid another rise in in food and energy costs, possibly setting ...
“Core” C.P.I., which more closely reflects underlying inflation by removing volatile food and energy prices, also showed ...
The EUR/USD pair advanced to a fresh weekly high of 1.0384 during European trading hours on Wednesday, moving cautiously ...
Meanwhile, economists polled by the Wall Street Journal expect January's annual headline CPI inflation rate and the narrower year-over-year core rate to land at 2.8% and 3.1%, respectively, down ...
The AUD/USD pair extends its sideways consolidative price move for the fifth straight day and remains below the 0.6300 mark through the first half of the European session on Tuesday.
Despite the widely expected rate cut to 6.25% and the central bank’s ‘neutral’ stance, investor sentiment remained subdued.
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The last time we played around with tariffs was back in 2018 when we started a trade war with China. To say the least that ...