US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
Wednesday's inflation report doesn't do much to change the outlook for a Federal Reserve that was already taking a break from cutting interest rates. Higher food and gas prices in December drove the ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Consumer price growth ticked up in December, a sign President-elect Donald Trump will inherit the inflation issues that ...
Economists at Capital Economics and Pantheon Macroeconomics have crunched the numbers, and they have determined that this week's readings on wholesale and consumer-price inflation likely portend an ...
An encouraging update on core consumer price inflation and a solid start to earnings season combined on Wednesday to send stocks flying and yields falling. The Dow Jones Industrial Average was up 610 ...
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
Following the lackluster performance seen in the previous session, stocks are likely to show a strong move to the upside in early ...
A consumer inflation report could reset interest-rate bets, while big bank reports will kick off earnings season.
The FTSE 100 ( ^FTSE) and European stocks were higher on Wednesday as traders digested news that UK inflation unexpectedly ...
U.S. inflation picked up last month as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
Gold futures rise on a weaker dollar and U.S. economic data. Futures are up 1.1% at $2,711.90 a troy ounce. The precious metal has built on gains from softer U.S. Producer Price Index data published ...