Stock market today: Apple leads as Wall Street shaves off nearly all its loss for the week
Apple and other big U.S. companies reporting fatter profits than expected are helping Wall Street shave off more of its sharp losses from the start of the week on Friday.
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.
Here’s How High Inflation Could Go Under Trump’s Proposed Tariffs
That's how high 25% tariffs on Canadian and Mexican goods could push U.S. inflation, according to analysis firm Capital ...
U.S. 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 ...
New inflation reading reinforces Fed's go-slow strategy
A fresh reading from the Federal Reserve's preferred inflation gauge showed prices remained sticky in the final month of 2024, a new data point that likely reinforces a current wait-and-see approach ...
Fed's preferred inflation gauge meets expectations in December
The latest reading on the Fed's preferred inflation gauge comes just two days after the central bank paused its interest rate cutting cycle.
US inflation rise in December; consumer spending accelerates
U.S. prices increased in December while consumer spending surged, suggesting that the Federal Reserve could delay cutting ...
Fed’s Goolsbee Lauds Inflation Progress But Supports Slower Pace
Federal Reserve Bank of Chicago President Austan Goolsbee praised the latest inflation data, adding it’s appropriate to lower interest rates as price growth slows.
Trump may be his own worst enemy in his fight against the Fed
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday ...
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National and International News in Focus: Jan.31
Police boats have returned to the Potomac River as part of the recovery and investigation after the United States’ deadliest ...
Fed's Goolsbee comforted by latest inflation data, worried about tariffs
Chicago Federal Reserve President Austan Goolsbee said inflation data released on Friday was a bit better than expected and ...
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.