Stock market today: US stocks close at all-time highs ahead of key inflation update
The Dow and the S&P 500 closed at a record high. Markets are waiting for September inflation data, a key data point ahead of ...
Israel central bank holds rates, but says inflation spike could spur rate hike
The Bank of Israel kept interest rates unchanged on Wednesday for a sixth straight meeting, but raised the prospect of future ...
The Fed is repeating the same mistake that caused a decade of slow growth and high inflation in the 70s, according to one financial historian
A 50-basis-point rate cut is actually a big mistake on the Fed's part that risks sending inflation soaring again, Mark ...
Years of inflation have changed Americans’ spending habits. Here are their priorities as the Fed cuts rates
They have adapted to conditions by shifting their spending priorities, making trade-offs, and, in some cases, adjusting the ...
'Inflation is not dead': Consumer prices are still in focus for investors despite the Fed's labor-market pivot
Investors have pulled back bets that the Federal Reserve will deliver another jumbo rate cut. Upcoming inflation data will ...
US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
The last time it rose this much was July 2023, when the Fed was still increasing interest rates in its battle to bring down ...
Stock market today: US stocks trade mixed with Fed minutes and rate outlook in focus
The Fed meeting minutes will be published later on Wednesday. Alphabet dipped about 1% as the DOJ indicated it could break up ...
Federal Reserve's Collins expects more rate cuts amid confidence inflation is easing
Collins said that while core inflation pressures remain elevated, she is increasingly confident inflation is moving back to ...
Is the current US economy the most resilient we’ve seen in history?
The US economy shows unexpected resilience with strong job growth and rising wages, raising questions about inflation and ...
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Kenyan Shilling appreciates by 17% amid two interest rate cuts in 2024—How much has inflation eased?
The Kenyan shilling has appreciated by 17% year-to-date against the US dollar, as the Central Bank of Kenya (CBK) reduced ...
Stock market today: US indexes gain after soft inflation report supports more rate cuts
"The Fed feels as though it has won the battle on inflation and its primary focus is making sure the job market stays steady, ...
Inflation has returned to normal. What does that mean for the election?
As the U.S. hurtles toward a presidential election this fall, the nation's inflation rate has quietly returned to normal, even as it continues to worry voters and draw focus at campaign events.