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inflation data

Trader Leon Montana works on the floor of the New York Stock Exchange, Wednesday, Aug. 13, 2025. (AP Photo/Richard Drew)
Aug 13, 2025

Wall Street drifts around its records following a worldwide rally

U.S. stocks hover near records as Fed rate cut hopes grow; S&P 500, Dow, and Nasdaq rise, global markets rally, and bond yields fall.

FILE - The entrance to the Labor Department is seen near the Capitol in Washington, May 7, 2020. (AP Photo/J. Scott Applewhite, File)
Aug 13, 2025

Trump’s nominee to oversee jobs and inflation data faces criticism

President Trump nominates Heritage economist EJ Antoni as BLS commissioner, sparking criticism over politicization of key U.S. jobs data.

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