Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
With President Trump's threat of tariffs on Mexico and Canada looming for Saturday, there's one possible reason why they may not happen at all. Such tariffs are likely to be found by a court to fall o ...
Wall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from the U.S. government showing that inflation ticked higher. Futures for the S ...
Wall Street has been upbeat in January. The S&P 500 has advanced 3.5% so far this month, the Dow Jones has gained 5.9% and the Nasdaq Composite has added 2.1%. The tech-heavy Nasdaq has been hit hard ...