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 ...
Inflation data isn't helping borrowers, with a glut of property loans coming due against a backdrop of higher-for-longer rates. (CRED iQ) Friday's inflation report likely won't provide much comfort to ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...
With President Trump's threat of tariffs on Mexico and Canada looming for Saturday, there's one possible reason why they may not happen at all. Such tariffs are likely to be found by a court to fall o ...
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...
The major market averages on Wall Street are higher on Fridays, with the Nasdaq leading the pack, as Apple and Intel's ...
Wall Street's main indexes were set to open higher on Friday on gains in Apple following its strong sales forecast, with an ...