December US CPI Report Shows Inflation at a 2.9% Annual Rate
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels—an uptick ...
SEC Chief Economist Wachter to Leave Agency
Wachter, who is also director of the SEC's Division of Economic and Risk Analysis, will depart the agency Friday after overseeing its economists and data scientists since May 2021. She will return to ...
3 Large-Cap Funds That Look Risky Despite Strong Gains and Solid Management
US large-cap funds enjoyed another bountiful year in 2024. The typical fund in the large-growth Morningstar Category returned ...
Fed's Williams Expects Disinflation to Continue
HARTFORD, Conn.--Wednesday morning's inflation report brought reassuring signs that price pressures cooled to end 2024. New York Fed President John Williams, a permanent voter on the central bank's ...
News Highlights: Top Company News of the Day - Wednesday at 11 AM ET
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs. Rowan also signed onto another ...
Oil prices climb as traders weigh OPEC and IEA demand forecasts
OPEC's forecast for global oil-demand growth in 2025 was little changed at 1.4 million barrels a day, and the organization said it expects 2026 demand to grow by the same amount. That would bring ...
Bond king Gundlach says investors have 'left the bus' as yields spike during Fed cuts. Here's his advice.
Bond king Gundlach says investors have 'left the bus' as yields spike during Fed cuts. Here's his advice. Consumer prices are in and stock futures are rallying after that monumental data.
'She is very manipulative and controlling': My mother offered to buy me an apartment, but there are strings. Is it foolish to say no?
My parents, my sister and I - a middle-aged woman - are from overseas, but I've lived in the U.S. for more than half of my life. They went back to live there. I never got along with my mother. I have ...
Childfree people get the wrong financial advice - and they'll be paying for it in their old age
People who don't have children aren't getting the best financial advice, one author says.
Citigroup Up Over 6%, on Track for Highest Close Since June 2021 — Data Talk
--Traded as high as $78.25; highest intraday level since June 10, 2021, when it hit $79.29 --Up 6.46% at today's intraday high; largest intraday percent increase since Nov. 6, 2024, when it rose as ...
Why investors are lending MicroStrategy billions of dollars at 0% interest so it can buy bitcoin
MicroStrategy's mega $2.6 billion convertible issuance at a 0% coupon in November can be thought of as a loan with no interest. With it, MicroStrategy plans to buy more bitcoin, and to keep using ...
Canada Existing Home Sales Pull Back on Recent Gains, Falling 5.8% in Dec. From Prior Month
National sales of existing homes dropped 5.8% in December from the previous month, though that remains roughly 13% above where sales were in May, the Canadian Real Estate Association said Wednesday.