News

CNA2h

Stocks ease, US yields rise after hot US inflation data shakes confidence in Fed rate cut

Global stocks edged lower on Thursday, with equities on Wall Street ending flat, while U.S. Treasury yields rose after market ...

Wall Street ends flat, but S&P hits another closing high as rate-cut bets waver

Wall Street's main indexes were mixed on Thursday with S&P 500 edging up to a closing high, while Dow Jones and Nasdaq were ...

Retail Sales Need to Show a Resilient Consumer. Wall Street Is Depending on It.

This week’s retail sales report will show if resilient spending can withstand rising prices and tariff uncertainty.

Fed debate on September rate cut to turn on inflation, jobs data

A jump in wholesale prices is likely to bolster concerns among Federal Reserve policymakers that rising inflation remains a ...

PPI inflation shock rocks Wall Street and Trump — big Fed rate cut dreams go up in smoke

Wholesale prices jumped 0.9% last month, the fastest since May 2022, while core PPI rose 0.6%, signaling persistent inflation ...

Fed’s Goolsbee Flags 'Concerning' Rise in Services Prices in July CPI

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s ...
ConsumerAffairs10h

Wall Street eyes the Fed as PPI and jobless data emerge

Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...

BlackRock’s Rick Rieder says this is the ‘best investing environment ever.’ He’s conveniently in the running for next Fed chairman

While Rieder’s dovish stance aligns with President Trump’s, the BlackRock exec’s acknowledgment of tariff-driven inflation ...

Most US stocks fall after a disappointing inflation update, but Big Tech keeps Wall Street steady

NEW YORK — Most stocks fell on Wall Street Thursday after a disappointing report said inflation was worse last month at the U ...

Wall Street extends record run as Fed rate-cut bets build

The US markets rally comes on the heels of a tamer-than-expected US inflation report earlier in the week, which bolstered ...

Live updates: Australian share market to open flat, Wall Street little changed, US Fed rate-cut expectations trimmed

A fall on Wall Street is likely to send Australian stocks lower, while the Reserve Bank is almost universally tipped to raise interest rates again this afternoon. Follow the latest updates in our live ...