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US stocks drift near their record following an encouraging inflation update
U.S. stocks hover near record highs as May inflation data eases concerns over Trump tariffs. Investors watch for broader U.S.-China trade deal progress.
US stocks drift and Chinese markets rise as trade talks start between the world’s largest economies
Stocks edged higher as U.S.-China trade talks resumed, fueling hopes of tariff relief. Wall Street remained cautious ahead of inflation data.
Trump’s promised steel and aluminum tariffs go into effect
U.S. President Donald Trump hiked nearly all steel and aluminum tariffs to 50% in a move that’s set to hammer businesses from automakers to home builders, and likely to increase prices for consumers.
Wall Street glides to the end of its best month since 2023
Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports from Gap, Ulta Beauty and other companies.
US stocks drift as Wall Street heads for the finish of a big winning week
U.S. stocks edge higher as Wall Street wraps up a strong week, lifted by easing inflation and a tariff truce between the U.S. and China.
Wall Street wobbles ahead of new retail sales data and public appearances by Fed officials
Wall Street trades flat as investors await retail sales data and Fed signals on interest rates amid U.S.-China trade pause and cooling inflation.
Wall Street climbs following a slowdown in inflation as the S&P 500 erases its loss for 2025
U.S. stocks rise as inflation slows and tech shares surge. AI stocks lead gains, while tariffs and Fed policy keep investors cautious.
Inflation cooled again even as some tariffs took effect. But economists don’t expect that to last
U.S. inflation cooled to 2.3% in April, its lowest in four years, despite new tariffs. Economists expect price hikes by summer as trade effects deepen.
As US and China begin trade talks in Geneva, Trump’s tariff hammer looks less mighty than he claims
Trump raises China tariffs to 145%, sparking retaliation and global market jitters as trade talks begin in Geneva with no clear resolution in sight.
Average rate on a US 30-year mortgage holds steady at 6.76%, not far from highest levels this year
The 30-year mortgage rate stays at 6.76% for a second week, as affordability challenges persist and economists expect continued rate volatility in 2024.
Fed holds interest rate at 4.3% amid tariff and inflation uncertainty
The Fed kept rates steady at 4.3%, citing rising risks of inflation and unemployment due to Trump’s sweeping tariffs on imports from China and beyond.
Fed holds rates steady amid tariff-driven inflation risk
The Fed keeps interest rates unchanged as it weighs Trump’s tariffs, inflation risk, and economic uncertainty before deciding on possible future cuts.
