The VIX Slides as Investors Cheer CPI and Bank Earnings
That sound you heard coming from Wall Street on Wednesday? A huge sigh of relief following strong earnings from Dow ...
Inflation rises for third month to 2.9% in December. What it means for Fed rate cuts.
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
Fed’s Barkin Says CPI Data Show Inflation Headed Toward 2% Goal
Federal Reserve Bank of Richmond President Tom Barkin said fresh inflation data show the central bank continues to see ...
Trump Pitches New ‘External Revenue Service’ Agency
President-elect Donald Trump announced plans to create a new government agency called the External Revenue Service (ERS) to ...
Sen. Bernie Moreno probes $22B in tax credits for luxury electric vehicles: ‘Obscene public policy’
More than 70% of EVs are now leased in America before being sold, many of which are taking advantage of a $7,500 tax credit ...
Bitcoin jumps after softer-than-expected core CPI
Bitcoin rose 3.2% on Wednesday, after the consumer-price index report showed that core inflation was softer than forecast in December. The largest cryptocurrency was trading at around $99,613 on ...
Latest CPI Inflation Report Makes January Fed Rate Cut Very Unlikely
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
Inflation report shows upsurge days before Trump takes office
An inflation report to be released on Wednesday will provide an update on the issue raised by many Americans as their top ...
Crypto Briefing1h
Bitcoin nears $100K as CPI data shows signs of cooling
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
Stock market today: Dow soars 634 points and yields fall after cool CPI and strong bank earnings
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.