Just a few weeks ago, the stock market stumbled over fears that artificial intelligence stocks might be in a bubble. Now stocks are back within reach of a record high.
The headlines about new stock market highs are hiding the fundamental erosion in many consumer areas. While employment looks fine and inflation seems stable, consumers are making budget shifts to ...
The US Bureau of Labor Statistics reports wholesale inflation grew only 0.1% in August. Oracle reported an earnings miss but great guidance last night. Finding the best credit card just got a lot ...
NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier ...
The stock market snapped its three-day skid after the Federal Reserve’s preferred inflation gauge met expectations. The Dow Jones Industrial Average rose 300 points, or 0.7%. The S&P 500 gained 0.6%.
The Dow Jones Industrial Average finished Wednesday's trading day in negative territory but the S&P 500 and the Nasdaq made record closes after Wall Street reacted to surprise inflation data. Thursday ...
Rising stock prices don't always contribute to inflation. But with the U.S. labor market still near full employment, it is reasonable to wonder whether the torrid appreciation of investors' portfolios ...
The market rally slowed on Wednesday with most stocks ending the day lower–yet the S&P 500 managed to clinch another record. The S&P 500 ended 0.3% higher, building on its high from Tuesday. The ...
JPMorgan's trading desk has produced a cheat sheet, focused on core CPI, on how the stock market will react to the inflation data due at 8:30 a.m. Eastern. As always, this is just to give a sense of ...
Consumer Price Index inflation rose to 2.9% in August. Unemployment claims in August also rose, to 263,000. Finding the best credit card just got a lot easier. We’ve assembled a list of cards with ...
The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move.