Biden’s economic legacy: Historic wage gains, investment and job growth but marred by inflation
President Joe Biden will leave the White House with a strong economy, historic gains in the job market, a foundation for ...
Courthouse News Service1d
Markets net best week in months after positive inflation data
With the two reports, the Federal Reserve’s preferred measure of inflation, the personal consumption expenditures, is now ...
Dow, S&P 500 Mark Best Week Since November as Markets Cheer Inflation Data
The stock market wrapped up its best week since early November as Wall Street breathed a sigh of relief in the wake of the latest inflation data. The Dow Jones Industrial Average gained 334 points, or ...
Analyst reboots Fed interest rates forecast after surprising inflation data
Inflation has been around since the days of Alexander the Great and it's not showing any signs of going away. In combating ...
Vermont Business Magazine1d
Weekly UI claims remain high post-holidays
The stock market has rebounded from its recent slump and has returned to pre-election growth, though not quite back to the ...
U.S. Stocks May See Initial Strength As Treasury Yields Extend Pullback
The major U.S. index futures are currently pointing to a higher open on Friday, with stocks likely to move back to the upside after ...
Fundamentals And Sentiment Are Bullish
Market indexes pulled back slightly after Wednesday’s surge, driven by a 4% drop in Apple due to losing market share in China ...
S&P 500 Futures Rising as Cooling Inflation Fuels Market’s Rate-Cut Hopes
U.S. stock futures were mostly rising Thursday after a surprise cooldown in a key inflation measure appeared to boost the ...
Erie News Now3d
Wall Street soars on record bank profits and cooling inflation
New York (CNN) — US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of ...
CNBC Daily Open: Markets celebrate cool CPI, and bank earnings
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...
CPI edged higher in December, complicating the Fed's upcoming decision on rate cuts
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.