US inflation is lingering and tariffs threatened by Trump could nudge prices in wrong direction
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Dow opens 100 points higher after PCE inflation report, Apple earnings
U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...
Investors breathe a sign of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
Trump takes flurry of executive actions favorable to crypto industry
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
Inflation finishes 2024 well above Fed's 2% target, PCE shows. Rate cuts on hold.
Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...
Jim Cramer Sees Potential in Advanced Micro Devices (AMD): ‘Possible Winner as Costs Fall’
We recently published a list of Jim Cramer Discusses These 10 Stocks, The Fed Chair & Lower AI Costs. In this article, we are ...
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U.S. inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices remain stubbornly elevated, even as inflation is cooling in fits and ...
Stock Futures Hold Gains After PCE Inflation Data
Stock futures held onto earlier gains after the Federal Reserve’s preferred inflation gauge matched expectations. Dow futures were up 0.3%. S&P 500 futures were up 0.4%. Nasdaq 100 futures were up 0.7 ...
Robert Santos resigns as US Census Bureau director midway through a 5-year term
The director of the U.S. Census Bureau has resigned. Robert Santos was known for emphasizing inclusivity and outreach to ...
December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.