A Melbourne Cup Day interest rate cut is off the table after the latest inflation figure exceeded Reserve Bank governor ...
The September data gives the Fed a clear path for widely expected rate cuts heading into their remaining meetings this year.
Consumer prices rose 0.3% in September, which drove the annual rate of inflation ... Stock futures jumped higher after the data release, on hopes that the Federal Reserve can stay on track with its ...
NEW YORK (AP) — U.S. stocks hit records on Friday after an update on inflation came in a bit less painful than feared. The S&P 500 rose 0.8% and topped its prior all-time high, which was set earlier ...
ShopifySHOP and Leaderboard stock Micron Technology MU were top gainers in the Nasdaq 100, while Ford Motor F and Coinbase COIN gained bullishly in the S&P 500. Deckers Outdoor DECK plunged more than ...
Inflation rose 3% year-over-year in September, slightly up from August’s 2.9% pace but below economist forecasts of 3.1%.
A recent uptick in prices has coincided with a sharp slowdown of hiring. Consumer prices rose 3% in September compared to a year ago, extending a monthslong uptick that has sent inflation to its ...
Thankfully, some companies can handle an inflationary environment and perform well throughout, while still registering the 12 ...
Friday’s cooler-than-expected inflation data has done little to change investors’ interest-rate expectations. Interest-rate futures showed Friday afternoon that investors see a roughly 50% chance that ...
(CNN) — The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. Consumer prices rose 0.3% in September, which drove the ...
(CNN) -- The cost of living got even more expensive for Americans last month, with prices rising at the fastest pace since the start of the year. (CNN) — The cost of living got even more expensive for ...