Bloomberg's Kate Davidson weighs in on Scott Bessent's Senate confirmation hearing, President-elect Trump's nominee for Treasury Secretary, and what to expect. She also talks about the latest core CPI ...
Wondering what caused Tesla and these other EV shares to pop? The post Why electric vehicle stocks like Tesla just rallied ...
Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A key measure of consumer prices rose less than expected in December, perhaps calming at least temporarily fresh worries ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
U.S. consumer prices rose in December by less than forecast, a welcome stepdown that helped arrest a deep selloff in bond ...
Analysis of CPI inflation data shows mixed results for December 2024, impacting Fed rate decisions and stock market ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
The Dow jumped 700 points and the Nasdaq gained more than 2% as investors cheered encouraging inflation data and a strong ...
Treasury yields broadly fell on Wednesday after the U.S. consumer-price index report for December included a softer-than-expected monthly core reading of 0.2%, below the 0.3% reading that had been ...
In the wake of Wednesday's official report on consumer prices, three officials who set the nation's monetary policy said they ...
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