US President Donald Trump is getting his wish that interest rates drop across the world, just not at home, where a strong economy and uncertainty over his own policies have set the stage for the ...
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 ...
Wall Street's main indexes were set to open higher on Friday on gains in Apple following its strong sales forecast, with an ...
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The Federal Reserve this week held rates steady at about 1% below peak levels, whil ...
One great habit to fall into is tracking your spending with a budget. In 2024, a good 90% of Americans were following a ...
The core index, one that strips volatile food and energy costs and is used by the Fed in setting interest rates, rose 0.2% in December and 2.8% annually, unchanged from November.
Many of the executive actions related to bitcoin and crypto were wish-list items the industry has been pushing for.
PCE data lifts Treasury yields and the dollar as the Fed's preferred inflation gauge meets expectations. The price index rises 2.6% in December from a year before, up from 2.4% in the 12 months ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
Whisper it, but maybe life’s not so bad for many of the world's central bankers right now. But James Smith, ever the optimist, reckons that’s not going to last long. From tariffs to tech tantrums, ...
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...