Trump’s tariffs in his first term did little to alter the economy, but this time could be different
The data show tariffs never fully delivered on Trump’s promised factory jobs. Nor did they provoke the avalanche of inflation ...
Average rate on a 30-year mortgage slips to 6.81%
But borrowing costs on 15-year fixed-rate mortgages, popular with homeowners seeking to refinance their home loan to a lower rate, rose.
US inflation gauge ticks higher with price pressures remaining stubborn
Inflation has fallen sharply since it peaked at 7% in mid-2022, according to the Fed’s preferred measure. Yet yearly core ...
Inflation ticks higher, upping shopping season pressure
Consumer price increases accelerated last month, the latest sign that inflation’s steady decline over the past two years has ...
Fed poised to cut overnight facility rate in December: Barclays
A popular parking spot for cash during the pandemic could offer investors a lower rate come December. That's Joseph Abate, a rates strategist at Barclays, responding to minutes of the Federal ...
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US economy grows at 2.8% pace in third quarter on consumer spending
WASHINGTON (AP) — The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer ...
Stock Market Today: Tech Earnings Weigh on Nasdaq; Dow Edges Lower
Live updates on stocks and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
US economy holds firm in early Q4; inflation stuck above Fed's target
U.S. consumer spending increased slightly more than expected in October, suggesting the economy retained much of its solid ...
Dow tops 45K for first time — but Wall Street slips as tech stocks slump
The Dow topped 45,000 for the first time but Wall Street’s main indexes fell on Wednesday, with the Nasdaq leading declines ...
Inflation Re-Accelerates Despite Plunging Gasoline Prices As 'Core Services' PCE Price Index Hits 7-Month High
Inflation has been in services and is still in services, it has become sticky in services, and recently, it has been ...
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Fed’s Preferred Inflation Gauge PCE Up 2.3% Annually, But Traders Raise Bets On 25 Bps Rate Cut In Dec
The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation gauge, increased 0.2% in ...
Key Fed gauge shows inflation is 'going sideways'
October's Personal Consumption Expenditures report is the latest data the Fed will consider in its next interest rate ...