Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...
BNY beat profit estimates for the fourth quarter on Wednesday as it earned higher investment services fees from its clients, ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Donald Trump’s second term may reshape Asia’s economy through trade policies, impacting countries reliant on US trade. While ...
Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
WASHINGTON—U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods were more muted ...
In short, December’s CPI figures send mixed signals. Despite last week’s data showcasing strength across the board in the US economy, Wednesday’s CPI release gives no clear evidence that this is ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...