Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...
U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
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 ...
Goldman Sachs posted its biggest profit since the third quarter of 2021 to beat Wall Street expectations, driven by bankers ...
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...
In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...
U.S. inflation ticked higher in December, data indicated Wednesday, but core price price pressures eased, potentially ...
The milder-than-expected increase in consumer prices in December came as a big relief to Wall Street, but it leaves hardly any wiggle room for the Federal Reserve to cut interest rates early in the ...
Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary, will step into the spotlight this week, with the Senate Finance Committee scheduled to start his confirmation hearing at ...
Could the Fed raise rates this year? Investors broadly think not, but the idea is starting to be seriously considered. The ...