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US inflation stays elevated but prices rose less than feared last month
U.S. inflation hit 3% in September, led by higher gas and beef prices, as tariffs and rent costs shaped a mixed economic outlook.
Gold plunges $250 after hitting record high
Gold prices tumbled more than $250 Tuesday after hitting a record $4,374 per ounce, marking the biggest drop since 2011.
Dow hits record as 3M, Coca-Cola, other stocks climb
U.S. stocks rose Tuesday, led by strong earnings from GM, RTX and Coca-Cola, as investors awaited inflation data and Fed rate guidance.
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Wall Street rallies and gets near its all-time high
U.S. stocks climbed Monday with the S&P 500 nearing record highs, led by Apple and Cleveland-Cliffs, as investors awaited key earnings reports.
US mortgage rates dip to near yearly low at 6.27%
The average 30-year US mortgage rate fell to 6.27%, nearing its lowest level of the year as borrowing costs continue to ease.
Powell signals more Fed rate cuts amid hiring slowdown
Fed Chair Jerome Powell said slowing hiring raises risks for the U.S. economy, signaling two more rate cuts are likely this year.
IMF raises U.S., global growth outlook despite tariffs
WASHINGTON (AP) — The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration‘s tariffs have so far proved less disruptive than expected, the International Monetary Fund said Tuesday, though the full impact of those policies is still emerging. The United States’ economy will expand 2% in 2025, the […]
Fed minutes show split on future interest rate cuts
Fed minutes reveal support for more rate cuts this year but highlight divisions over inflation risks and economic slowdown.
Wall Street slips after record run as gold tops $4,000
Stocks ended an eight-day winning streak as Tesla and Oracle fell, while gold surged past $4,000 on inflation and political worries.
Shutdown halts key economic data as Fed weighs rate cuts
The government shutdown delays jobs and inflation reports, leaving the Fed with less data as it considers more rate cuts.
US consumer confidence falls on inflation, weak jobs
Job openings stayed at 7.23M in August as hiring slowed. Layoffs eased but quits fell amid Fed cuts, trade tensions, and shutdown risk.
Dollar set for second straight week of gains after data shows US economic resilience
NEW YORK (Reuters) -The dollar edged lower but was still on track for the second straight week of gains against major peers on Friday after data continued to show U.S. economic resilience, which might complicate the Federal Reserve‘s efforts to cut interest rates. The dollar was down 0.1% to 149.65 against the Japanese yen, on […]
