US stocks surged post-election, driven by consumer spending and optimism. Financials led gains, while Health Care lagged.
Major brokerages reiterated their view of a 25-basis-point (bp) interest-rate cut by the U.S. Federal Reserve in December ...
When accounting for the various policies, Deutsche Bank estimates the US economy will grow at an annualized rate of 2.5% in ...
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Inflation is rising again across all three key metrics—Core CPI, PCE, and PPI—for the first time since 2022, putting serious ...
BANGKOK (AP) — Shares opened higher in Europe on Thursday after a mixed session in Asia following a Big Tech-led retreat on ...
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week.
The U.S. economy remains strong as consumer spending rose 0.4% in October. Core inflation stayed at 2.8% year-over-year, ...
The rise in PCE inflation comes after the consumer price index also posted an annual increase, its first uptick in inflation ...
Helping support appetite for longer-duration U.S. bonds, the Treasury saw positive results from a a $44 billion auction of ...
Financial markets are pricing in a 70 percent probability of a 25 basis point easing at the December meeting, with a 30 ...