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The US is keeping rate cut hopes alive
CPI print delivered a much-needed downside surprise, relieving some of the market anxiety that the U.S. economy is at the ...
Inflation inches up in final 2024 reading
Inflation increased by 2.9% in December 2024, marking three consecutive monthly rises. Mountain West states had the lowest ...
Bitcoin Price Tops $100,000 Again on CPI News, Regulatory Optimism
Key Takeaways Bitcoin topped $100,000 again Wednesday, climbing back after recently sliding under $90,000 for the first time ...
Heard on the Street Recap: Rate-Cut Hopes Inflate
Who says you can't ring in the New Year 15 days late? Stocks jumped across the board on Wednesday thanks to a strong mix of big bank earnings, revived hopes for interest rate cuts and even a [dash of ...
CPI report feels like we're back in goldilocks scenario, says UBS' Mark Andersen
Mark Andersen, UBS Global Wealth Management co-head of global asset allocation, joins 'Money Movers' to discuss Wednesday's ...
Cooling Inflation Data Send Stock, Bond ETFs Higher
SPY and TLT both gained nearly 2% Wednesday after the Labor Dept. reported that consumer prices grew slower than expected in December.
Why S&P 500's financials sector just booked its best day since early November
The U.S. stock market broadly climbed Wednesday, after the CPI inflation report spurred a drop in Treasury yields. The S&P 500 SPX closed 1.8% higher, while the Dow Jones Industrial Average DJIA ...