WASHINGTON (AP) — Inflation in the United States eased in May for a second straight month, a hopeful sign that an acceleration of prices that occurred early this year may have passed. The trend, if it ...
A key measure of underlying US inflation stepped down for a second month in May, a pleasant surprise for Federal Reserve ...
New data on prices will be released shortly before Federal Reserve officials announce a decision on interest rates and issue ...
Futures for major U.S. indexes, which were each up a modest 0.1% before the report was released, shot up after the report was ...
Gold (XAU/USD) trades marginally lower on Wednesday as expectations that interest rates in the US will remain high, and news ...
Economists see the core gauge as a better indicator of underlying inflation than the overall CPI. That measure was flat from ...
Rubrik reported better-than-expected results in its first quarter as a public company and issued guidance for annual recurring revenue in fiscal 2025 that topped estimates. The stock rose 2%. CPI for ...
WASHINGTON (AP) — Federal Reserve officials on Wednesday will likely make official what's been clear for many weeks: With inflation sticking at a level above their 2% target, they're downgrading their ...
A broad sell-off across the sharemarket pushed the benchmark into the red for a second consecutive session on Wednesday, as ...
Stocks hit fresh all-time highs as a broad cooldown in inflation spurred a plunge in bond yields, with traders betting the ...
Will the Fed cut rates in 2024? Investors await the Fed's policy decision and economic projections after their June meeting.
USD/JPY trades in positive territory for the fourth consecutive day on Wednesday. The US CPI inflation report and the Fed interest rate decision will be closely watched later on Wednesday. The BoJ is ...