Gold Steadies as Markets Weighs Outlook for US Interest Rates
Gold was steady as traders weighed the outlook for monetary policy after the Federal Reserve’s preferred measure of ...
Tech leads Wall Street recovery, ASX resolves CHESS mess
In Washington, the US Senate passed a bill to end a brief government shutdown that began after a missed midnight deadline.
The Daily Star13h
US consumer spending rises; inflation showing progress
US consumer spending increased in November amid strong demand for a range of goods and services, underscoring the economy’s ...
Altoona Mirror1d
Price pressures cooled last month after previous gains
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Friday’s report from the Commerce ...
Stocks rally after inflation data but close lower for the week
The Dow Jones Industrial Average rose 498.82 points, or 1.18%, to 42,841.06, the S&P 500 gained 63.82 points, or 1.09%, to 5,930.90 and the Nasdaq Composite gained 199.83 points, or 1.03%, to ...
Dollar poised to finish week higher after inflation data, Fed rate cut
The US dollar fell from a two-year peak. It was still set for a third weekly rise. Inflation slowed. The Federal Reserve cut ...
Finance & Commerce2d
Fed’s preferred inflation gauge shows price pressures easing
An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures ...
Stock market today: Dow, S&P 500, Nasdaq rebound on fresh inflation data to cap volatile week
Stocks signaled another rough day of trading on Friday after the House of Representatives voted against a Trump-backed ...
Fed's Inflation Gauge Shows Easing Price Pressures in November
Inflation in the U.S. showed signs of cooling in November as price increases slowed sharply after two months of gains.
PCE Inflation Report: Price Growth Cools Slightly
The PCE price index was up 0.1% in November and 2.4% from a year earlier. Economists expected a 0.2% monthly rise and 2.5% ...
Treasury yields fall after PCE inflation report
Treasury yields were trading lower Friday morning, after fresh data showed U.S. inflation in November rose slightly less than Wall Street expected. The yield on the 10-year Treasury note was down ...
Personal Consumption Expenditures (PCI) Price Index shows 2.4 percent rate in November
President-elect Trump encouraged Republicans in Texas to consider a primary challenge to Rep. Chip Roy (R-Texas) on Thursday ...