Wall Street's main indexes hit an over one-week low on Wednesday, as a hotter-than-anticipated inflation reading added to ...
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
The US Defense Secretary suggested the way forward for Ukraine is to abandon hopes of a return to its pre-2014 borders.
Inflation accelerated in January, rising 3% on an annual basis, indicating that the Federal Reserve's push to drive inflation ...
A hotter-than-expected inflation reading makes it much more likely that the Federal Reserve will keep rates on hold for the foreseeable future, reinforcing a cautionary stance from Jerome Powell and ...
U.S. stocks are sinking after a report said inflation is unexpectedly getting worse for Americans. The S&P 500 fell 0.9% in ...
Investors are now betting that the Federal Reserve will cut interest rates just once more this year, a drastic shift in ...
Inflation rose unexpectedly in January, with the Consumer Price Index rising 3% over the last 12 months, up from 2.9% in December. Forecasters had expected inflation to slow down, but prices for food, ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
Traders in the federal-funds futures market on Wednesday morning pushed back their expectations for the Federal Reserve to cut its benchmark interest rate to the fourth quarter of 2025, after weighing ...
Bitcoin drops 1.3% as inflation impacts crypto markets, with CPI surpassing expectations and Fed maintaining restrictive ...