Stock Market News
Iran has NO LEVERAGE as pressure mounts, ex-energy official warns
Former Acting Assistant Secretary of Fossil Energy Tala Goudarzi assesses oil flow patterns through the Strait of Hormuz amid conflict in the region on ‘Kudlow.' #fox #foxbusiness #media #breakingnews...
U.S. Stock Futures Hold Steady After a Strong Session
U.S. stock futures were steady Thursday evening after a strong trading session, with the S&P 500 Index and the Nasdaq Composite on track for a third straight weekly gain. Futures…
Charter Gets Final State Approval for $21.9 Billion Cox Deal
Cable and broadband providers have received regulatory clearance from California after agreeing to some concessions on affordability.
US eyes indefinite Iran naval blockade as oil supply shortfall deepens
The United States on Thursday threatened to maintain a naval blockade of Iran indefinitely, ratcheting up economic pressure on Tehran as ceasefire talks have floundered, global oil supply is dropping...
This Credit Fund Lends Where Investors Fear to Tread
Blue Owl Technology Finance shares trade at a 31% discount to its portfolio valuation due to fears that AI will disrupt its software borrowers.
Jeremy Siegel: If oil stays near $80 there's no way the Fed raises rates in September
Jeremy Siegel, WisdomTree chief economist, joins 'Closing Bell' to discuss the recent earnings momentum, if investors are too bullish and much more.
Market fundamentals still matter, even if everyone is watching earnings, says BlackRock's Mike Pyle
Mike Pyle, BlackRock, joins 'Closing Bell Overtime' to talk the day's market action.
Kudlow: The inflationistas are proven wrong — again
FOX Business host Larry Kudlow says recent data shows disinflation setting in on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #larrykudlow #inflation #disinfl...
Cool Inflation Data Propels Stocks to Fresh Records
Wall Street now expects the Federal Reserve to hold rates steady next month.
US court backs Trump's power to close 'de minimis' tariff exemption
The U.S. Court of International Trade on Thursday ruled in favor of President Donald Trump's 2025 decision to rescind a "de minimis" exemption for tariffs on some imports of less than $800, a rare wi...
Dow rises as S&P 500 closes at record high on softer inflation, tech gains
US stocks ended higher on Thursday, with the S&P 500 closing at a fresh record as easing inflation data, falling oil prices and continued strength in technology shares lifted investor sentiment. The S...
Stocks Hit New Highs on Inflation Relief
Another inflation reading came in cool. The producer-price index, which measures wholesale prices, was flat in July after falling by 0.1% in June. Analysts surveyed by The Wall Street Journal were exp...
These charts show why stocks keep rallying. Profit margins are the highest on record
S&P 500's net profit margin is running at 16.9%, on pace for the highest since FactSet began tracking the metric in 2009. At sector levels, margins have been improving across most of the market in com...
Stock Market Today: SPY Climbs to Record High as PPI Inflation Sends Rate Hike Odds Tumbling
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Thursday, with the former setting a new intraday all-time high. News That Moved the Stock…
S&P 500 Top Stock Gainers Today, 8/13/26
The S&P 500 (SPX) rallied to a new intraday record high on Thursday following a cooler-than-expected Producer Price Index (PPI) update. Let’s break down the sectors behind the performance. Today’s Top...
Trade court upholds Trump's closure of 'de minimis' loophole
A federal trade court upheld President Donald Trump's elimination of the "de minimis" loophole, which allowed low-value goods to be imported to the U.S. tax free. Trump, a major proponent of tariffs a...
A Market Ahead of Its Economy
Key Takeaways The market is unusually disconnected from today's economy. The market is focused on the future of AI rather than the near-term economy.
Japan On Possible Yen Intervention Watch
Bloomberg's Anya Andrianova joins Emily Graffeo on "Real Yield." The yen remains within striking distance of a crucial level against the dollar, even after Prime Minister Sanae Takaichi's government w...
Why Are Gold and Silver Down Today, 8/13/26?
Both gold (XAUUSD) and silver (XAGUSD) are trading lower on Thursday, causing confusion from some investors given that a cooler-than-expected Producer Price Index (PPI) update sank rate hike odds even...
Inflation Holds Steady, Rate Hike Odds Retreat
For a market braced for an inflation surprise, July's CPI report provided none of the sort. Core CPI rose 0.2% and headline CPI increased 0.1%, both matching expectations.
U.S. Mortgage Rates Dip For First Time in Six Weeks
The 30-year fixed-rate mortgage (FRM) clocked in at 6.67%, down from 6.69% a week ago, Freddie Mac (FMCC) said on Thursday. This marks the first decline in six weeks. However,…
How the SEC Could Clear the Way for 24/7 Stock Trading
Crypto firms have already dabbled in tokenized stocks, though they're prevented from offering them to U.S. investors except in limited cases.
Mortgage rates fall for first time in 6 weeks
The average rate on a 30-year fixed mortgage fell this week to 6.67%, according to the latest Freddie Mac data released Thursday. That is down from last week's reading of 6.69%.
Why September is the worst month of the year for the stock market
Investors need to be on their guard against the pumpkin-spice latte effect, which is about to rear its ugly head.
Dow Jones Today: DJIA Reverses Gains on Jobless Claims Growth as PPI Inflation Comes in Cool
The Dow Jones (DJIA) is trading slightly lower on Thursday after opening the trading session in the green. Initial jobless claims work the week ended August 8 were higher than…
Flock to Add Safeguards to AI Surveillance Tools After Backlash
The surveillance-technology company has faced criticism over the risks of police abuse of its AI-enabled camera system.
Rate Hikes "Won't Derail" Stock Market & Crypto's Midterm Elections Catalyst
PPI continued the trend CPI by signaling inflation is cooling. @CharlesSchwab's Kevin Gordon expects the Fed to hold interest rates in its next meeting with current data in mind.
Why Is the Stock Market Up Today, 8/13/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are rallying higher on Thursday, with the former climbing above 7,800 for the first time. Equities received a boost after…
Cleveland Fed President Says Central Bank Must ‘Act Now' to Bring Down Inflation
Cleveland Fed President Beth Hammack has called out the high level and persistence of inflation.
Dan Ives Talks New Moves in the AI Revolution
After leaving Wedbush, Dan Ives has launched a new merchant bank that he says will deliver the same research he's known for, but with people who want to innovate and grow in this "Fourth Industrial Re...
Fed’s Hammack Urges Officials to “Act Now” on Higher Rates
Cleveland Fed President Beth Hammack said Thursday that the central bank should raise interest rates in order to bring inflation down to the 2% range. “My view is that we…
Morning Call Sheet: AI price wars collide with cooling inflation
Steve Grasso, CEO of Grasso Global, Peter Tchir, Head of Macro Strategy at Academy Securities, and Jose Torres, Senior Economist at Interactive Brokers, discuss AI price wars, cooling inflation, Fed c...
S&P 500 Rallies as Rate Hike Odds Drift Lower
The S&P 500 (SPX) is trading higher on Thursday as rate hike expectations take another turn lower following new economic data. The Bureau of Labor Statistics (BLS) published July’s Producer Price Inde...
US PPI Cools More Than Expected, Easing Pressure on Fed
US wholesale inflation decelerated in July by more than estimated as energy and food costs fell, likely giving the Federal Reserve more time to assess price pressures at upcoming meetings. Initial job...
Dow opens higher as softer PPI and falling oil lift Wall Street mood
US stocks opened higher on Thursday as easing oil prices and softer-than-expected producer inflation boosted investor sentiment, strengthening expectations that the Federal Reserve will leave interest...
PPI Follows CPI Trend of Cooling Inflation: What Does it Mean for Fed?
More reprieve for investors worried about inflation hit the tape Thursday morning when PPI came in cooler than expected. Kevin Hincks takes a deep dive into the report and points to key metrics signal...
Dow Jones Climbs on Unexpected PPI Inflation Print
The Dow Jones (DJIA) opened Thursday in the green following an inflation update from the Bureau of Labor Statistics (BLS). In July, the Producer Price Index (PPI) was unchanged from the…
U.S. Enlists Private Sector in Cyber Battle
Good morning. Citing a growing threat posed by transnational criminal organizations, President Trump on Wednesday signed a memorandum that enlists the help of the private sector.
Fed should raise rates to restrain growth and inflation, Hammack says
Cleveland Federal Reserve Bank President Beth Hammack on Thursday reiterated her view that the U.S. central bank should raise rates immediately to bring down too-high inflation and restrain business...
Kaplan on Rate Hikes, Warsh at Jackson Hole
Former Dallas Fed President and Goldman Sachs Vice Chair Robert Kaplan says the Federal Reserve was right to hold rates in July. He also says Fed Chairman Kevin Warsh needs to give some more details a...
U.S. Jobless Claims Rose Again Last Week
The number of people who filed for unemployment benefits was 209,000 in the week through Aug. 8, higher than the 204,000 claims expected by economists.
5 Things to Know Before the Stock Market Opens on Thursday
Stock futures are slightly higher as investors await the release of more inflation data; the Producer Price Index report is expected to show that wholesale inflation picked up last month; Anthropic is...
U.S. Producer-Price Index Unchanged in July
The producer-price index was flat in July, after falling by 0.1% in June, as energy prices edged down, the Labor Department said.
Stock Futures Mixed as Traders Assess July PPI
U.S. stock futures traded mixed on Thursday morning as investors assessed July’s Producer Price Index (PPI) data. Wholesale prices were flat in July against economists’ expectations of a 0.2% increase...
Wholesale inflation flattens out in July and price pressure ease
Wholesale prices were flat in July and inflation pressures in the guts of the economy also eased, adding to recent evidence of a slowdown in the rising cost of living.
Wholesale prices were flat in July, below expectations for 0.2% increase
The producer price index was flat in July compared to expectations for a 0.2% increase. Core PPI rose 0.2%, below the 0.3% forecast. PPI measures wholesale inflation and was the latest measure to show...
China expert Gordon Chang predicts how war in East Asia could begin
Gordon Chang joins 'Mornings with Maria' to discuss China's military buildup, Russia's support, AI cyberattack threats to Taiwan, and the race for AI dominance involving NVIDIA and COMAC's challenge t...
The AI boom is not just driving stocks — it's also moving the foreign-exchange market
Interest-rate differentials, inflation trends and trade balances are usually thought of as drivers of foreign-exchange movement — but increasingly, the drivers in the currency market are companies loo...
Open USD & the Repricing of Stablecoin Economics
The consortium behind Open USD is not competing on demand. It is competing on who keeps the reserve income.
Navarro Says Countries Are Helping China Avoid Tariffs
US customs officials are being overwhelmed by countries that are helping China avoid tariffs, White House trade adviser Peter Navarro says. He says the Trump administration is using artificial intelli...
Kaplan Says Fed Right Not to Raise Rates in July
Robert Kaplan, Goldman Sachs Vice Chairman and former Dallas Fed President, says the Federal Reserve was right to not raise interest rates at the meeting in July. He speaks on "Bloomberg Surveillance.
Whatever the Fed is doing has not been working, says Verdence's Megan Horneman
Megan Horneman, Verdence Capital Advisors CIO, joins 'Squawk Box' to discuss the latest market trends, the Fed's inflation fight, interest rate outlook, and more.
Stock Markets Beware: AI Funding Plans Have Shades of the Financial Crisis
Cisco benefits from AI demand, Musk is optimistic about Starlink, inflation hasn't thrown cold water on stock market rally, and more news to start your day.
A Problem for Bonds: They Aren't Responding to Softer Inflation Data
A sale of 10-year notes drew the highest government costs since 2007 this week.
Morning Bid: Brief relief
What matters in U.S. and global markets today. There were no fireworks in the July consumer inflation report, offering marginal relief to markets wary of an upside surprise.
Wall St futures tick higher as oil retreats ahead of inflation data
Futures tied to Wall Street's main indexes inched higher on Thursday as crude oil prices fell and investors awaited producer-price inflation data for clues on inflation and the Federal Reserve's int...
Inflation Protection Is on Sale
While far from perfect, these government bonds look like a bargain—at least for the near term.
The Jobless Boom Has Arrived
The stock market thinks the economy is accelerating. Don't expect jobs to follow. Patrick Collison, chief executive of digital payments company Stripe, recently polled his 1.5 million followers on X a...
U.S. Futures Edge Higher After Subdued Inflation Data
Stock futures were higher, but oil, Treasury yields, and gold were all lower as investors weighed signs of cooling U.S. inflation that might allow the Fed to hold rates.
The latest rally has energized the stock market but left the credit market concerned
Options traders are chipper about equities but wary of debt
U.S. inflations slows in July
July's U.S. inflation slows down to come in at 3.4 per cent with the core print falling to 2.5 per cent. Markets now expect the September rate decision to remain on hold.
Treasury yields dip as Wall Street awaits wholesale inflation data
The yield on the 10-year U.S. Treasury note — the key benchmark for U.S. government borrowing — fell over one basis point to 4.674%.
Stock Market Today: Stock Futures Tick Higher
U.S. stock futures are ticking higher this morning and government bond yields are retreating slightly on growing expectations that the Federal Reserve won't raise rates imminently.
The Hidden Red Flag in Wall Street's Price Targets
Nvidia and other tech stocks have a wide “dispersion” of price targets. Why that could be a problem for investors.
Stock Futures Mixed as Investors Await PPI Data
U.S. stock futures were mixed ahead of Thursday’s session as investors awaited the release of the July Producer Price Index (PPI) data due this morning. The PPI measures what wholesalers…
Asian Currencies Consolidate; May Be Supported By Fed Rate-Cut Prospects
Asian currencies consolidated against the greenback, but may be supported by Fed rate-cut prospects.
‘Hormuz remains blocked': Iran disputes Trump claims as traffic sinks to near 3-month lows
The Persian Strait Gulf Authority said "the Strait of Hormuz remains blocked and will not be reopened until Iran's conditions are accepted." This comes after U.S. President Donald Trump said that the ...
Tariff refunds have begun rolling in to big U.S. companies—in some cases providing a solid boost to earnings
Apple, Nike and FedEx are just some of the companies that are recovering big sums relatively quickly.
Tariff Refunds Are Here—and Turbocharging Earnings
Apple, Nike and FedEx are just some of the companies that are recovering big sums relatively quickly.
Goldman says Japan's $1 trillion of reserves leaves 'plenty of capacity' for further yen interventions
Japan has enough cash at its disposal for a couple more rounds of yen-buying on the scale of last month's intervention, Goldman Sachs said. Whether Tokyo pulls the trigger again hinges on the rate dif...
Eddie Ghabour Sees Fed Roadblocks Ahead, "Healthy" SPX Equal Weight Rally
Eddie Ghabour is surprised the 10-year yield has not moved much and believes the Fed still has a long road ahead even though CPI shows inflation moving in the right direction. He expects Fed Chair Kev...
Review & Preview: Hold Please?
Price Cut. A softer inflation report that was in line with expectations helped boost stocks today, but overall, it was another fairly uneventful session after a quiet start to the week.
U.S. Stock Futures Near the Flatline Ahead of Another Key Inflation Report
U.S. stock futures were flat on Wednesday evening as traders looked forward to another key inflation report. Futures on the Nasdaq 100 ($NDX) and the S&P 500 Index ($SPX) were down 0.13% and 0.02%, re...
What July CPI Means for Crypto & Clarity Act's Second Wind
@CharlesSchwab's Adam Lynch returns to this week's Crypto Corner to address what the July CPI report means for cryptocurrencies. He dials back on his previous comment that the "Clarity Act is pretty m...
Bank of America Securities' Aditya Bhave reaffirms Fed rate hike call
Aditya Bhave, BofA Securities Head of U.S. Economics, joins 'Fast Money' to explain his call the Federal Reserve should hike rates three times this year.
Inside the Consumer Price Index: July 2026
Inflation affects everything from grocery bills to rent, making the Consumer Price Index one of the most closely watched economic indicators. What does inflation mean at the micro level — specifically...
Market Close: Mixed Stocks, US Deficit Surges, Inflation Tame • 8/12/26
CNBC Business News Update with Jessica Ettinger - Markets & Business News With Expert Analysis From Top Business Names. Visit CNBC.com For More.
Wednesday's Final Takeaways: Norway Sovereign Wealth Fund's Tech Boost & Tecent Sell-Off
Sam Vadas takes investors through her top takeaways of the session by focusing on international movers, from record profits in the Norway Sovereign Wealth Fund to Tencent's post-earning sell-off. ====...
U.S. Stocks Mixed After Inflation Data
U.S. stocks were mixed as deadlock in the Middle East offset relatively benign consumer-inflation data and an artificial-intelligence earnings bonanza.
Markets Get Inflation Relief
Inflation came in as expected, cooling slightly. The consumer price index was up 3.4% in July from a year earlier, the Labor Department said Wednesday. That was lower than June's 3.5% reading.
Stock Market Today: SPY, QQQ Advance as Tame Inflation Print Tempers Rate Hike Odds
Both the S&P 500 ETF ($SPY) and the Nasdaq 100 ETF ($QQQ) closed higher on Wednesday as investors reacted positively to Consumer Price Index (CPI) data. News That Moved the Stock Market…
Dow ends lower as S&P 500, Nasdaq gain on AI stocks and softer CPI
US stocks finished mixed on Wednesday as gains in artificial intelligence infrastructure companies and a benign inflation report lifted the S&P 500 and Nasdaq, while the Dow Jones Industrial Average c...
'Teflon' Inflation Won't Stick, JPMorgan's Kelly Says
David Kelly, JPMorgan Asset Management's chief global strategist, sees a disinflation trend in the US stemming from lower tariff costs and oil eventually flowing out of the Strait of Hormuz. Speaking ...
Fed Will Stay on Hold in September, Pimco's Wilding Says
Pimco Economist Tiffany Wilding reacts to the latest US consumer price report and what it means for Federal Reserve monetary policy. She speaks on "Bloomberg Surveillance.
S&P 500 Top Stock Gainers Today, 8/12/26
The S&P 500 (SPX) closed higher on Wednesday following a Consumer Price Index (CPI) update from the Bureau of Labor Statistics (BLS). Let’s break down the sectors behind the performance. Today’s Top-P...
Investors are still excited about equities, says Norton of Empower
Underlying US inflation was subdued in July, likely easing pressure on the Federal Reserve to raise interest rates. Marta Norton, Chief Investment Strategist at Empower, reacts to the CPI data.
Positioning for Big Tech's next move
The Investment Committee debate whether it's time to get more bullish.
Why Are Gold and Silver Up Today, 8/12/26?
Both gold (XAUUSD) and silver (XAGUSD) are trading higher on Wednesday after tame Consumer Price Index (CPI) data from the Bureau of Labor Statistics (BLS) sent interest rate hike expectations lower. ...
Market At Record Highs — Nancy Tengler Says To Keep Buying These Names
Even at record levels, Nancy Tengler says the opportunity isn't over. She lays out the infrastructure and cybersecurity plays she's leaning into for the second half of 2026.
U.S. budget deficit surged in July to highest level since March 2021
The U.S. budget deficit totaled $432.3 billion in July, the highest since March 2021. In addition to the single-month move, the year-to-date total for the government's fiscal year has now surpassed th...
Inflation eased slightly to 3.4% in July, but energy prices are still high
U.S. inflation slowed last month and a measure of underlying price pressures also cooled, suggesting higher oil and gas prices from the Iran war are only having a limited impact on broader costs in th...
Toronto Stock Exchange Hits Record High as Oil Prices Rise
The country’s economy is on an upswing too.
Why The Fed Will Raise Rates In September Despite Cooler CPI
Despite a slightly cooler inflation report, showing the Consumer Price Index up 3.4% annually and core inflation at 2.5%, the Federal Reserve is still likely to raise interest rates in September. Anal...
The Market's August Rally Is Sizzlin'—and Inflation Won't Throw Water on It
Rising prices and a soft labor market give the Fed a pass on doing anything with rates. And that's absolutely fine with Wall Street.
Here are five key takeaways from the July CPI inflation report
Readings for July on the prices consumers pay for goods and services came in pretty much on target.
This Veteran Strategist Says the ‘No-Brainer' Stock Hedge Is Gone. What to Buy Instead.
AllianceBernstein strategist Inigo Fraser Jenkins says the era of using 10-year U.S. bonds as an easy way to diversify stock portfolios is over. Possible diversifiers: Base metals and energy.
Dow Jones Today: DJIA Steady as CPI Inflation Report Slashes Rate Hike Expectations
The Dow Jones (DJIA) is trading slightly higher on Wednesday as investors digest a Consumer Price Index (CPI) update from the Bureau of Labor Statistics (BLS). The CPI rose 0.1% month-over-month in…
Fed is still ‘inflation-first' after cooler CPI, but weak jobs report means it's no longer ‘inflation-only' – Natixis
Wednesday morning's CPI report is proof that broad inflationary pressures are easing, but while the Federal Reserve is likely to remain focused on inflation between now and the September meeting, last...
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal in doubt
Ship transits through Hormuz hit a five-day average of around 13 on Tuesday, near a three-month low, according to data from Kpler. Iran said Tuesday it will not agree to fully open the strait until th...
Inflation Eased Slightly in July, but Prices Remain Elevated as War Drags On
Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
July's inflation report was close enough to expectations to ease pressure on the Federal Reserve to raise interest rates next month without resolving much about the outlook beyond that
The consumer-price index came in as expected: not soft enough to take a rate increase off the table, not firm enough to force one.
Inflation Eased Slightly in July but Prices Remain Elevated as War Drags On
Though energy prices fell last month after their spring surge, other factors pushed up costs as the Fed considers raising interest rates.
Nancy Tengler on "Economy in Transition" & Earnings "Not Slowing Down Yet"
Earnings and productivity improvements will continue to add muscle to the stock market, says Nancy Tengler. She explains how AI is creating an "economy in transition" that's causing some employment di...
Small investors became a major stock market force. Now, they risk getting pushed back into the dark
Retail investors' access to information could take a hit at a time when they are more important than ever in financial markets.
Morning Call Sheet: AI boom accelerates as leverage risks build
William Lee of Global Economic Advisors, Marko Papic of BCA Research and Jeff Kilburg of KKM Financial discuss the AI capex boom, rising leverage risks and the outlook for Fed policy.
Why Is the Stock Market Up Today, 8/12/26?
Both the S&P 500 (SPX) and the Nasdaq 100 (NDX) are in the green on Wednesday after July’s Consumer Price Index (CPI) pointed to easing inflation. The CPI rose 3.4%, down…
New York Fed data shows K-shaped economy isn't over yet—even if Trump's treasury secretary says it is
Data from the Federal Reserve Bank of New York is shedding new light on the current state of the American economy.
Trump Says US Controls the Strait, But Talks Continue
President Donald Trump claimed the US had “total control over the Hormuz Strait,” saying “We own it” and that Iran's actions will be met with force. Talks appear to be deadlocked as each side hardens ...
Rate Hike Odds Sink Following July’s CPI Inflation Data
Rate hike expectations are slipping lower after July’s Consumer Price Index (CPI) came in as expected. On an annual basis, CPI rose 3.4%, while core CPI climbed 2.5%. Core CPI excludes…
Trust, but hedge: Quietly violent summer lingers as bulls buy crash protection
It's been a wild summer for stocks, even if it may not feel like it at surface level: the S&P 500 is back at an all-time high, and volatility measured by the Cboe VIX Index is near year-to-date lows. ...
Dow rises as CPI meets estimates, AI earnings lift US stocks higher
US stock indexes opened higher on Wednesday after a largely in-line inflation report reinforced expectations that the Federal Reserve could leave interest rates unchanged next month, while strong earn...
In-Line CPI Offers Relief for Stock Market, Strait of Hormuz Remains Wild Card
CPI hit in-line with Wall Street estimates, though Kevin Hincks says there's more to watch underneath the key headline numbers. He guides investors through the print and the market's breath of relief ...
The CPI and Inflation, Explained
Here's how the consumer-price index is put together, and the ways economists study this and other indicators to track inflation.
Inflation Rose As Expected In July—But Not Enough To Force An Interest Rate Hike, Analysts Say
Consumer prices rose as expected in July, according to Federal data published Wednesday, as analysts projected an in-line inflation report would likely persuade the Federal Reserve not to raise intere...
US July Core CPI Rises 0.2%, Easing Pressure on Fed
The US consumer price index rose by 0.2% which was bang in line with forecasts. Prices rose by 2.5% from a year earlier, matching the slowest pace since March 2021. Energy, gas and grocery prices all ...
The $30 trillion Treasury market is facing a painful reckoning. How rising yields could squeeze your portfolio.
The roughly $30 trillion Treasury market — widely seen as the bedrock of the global financial system — is facing a dangerous reckoning driven by a perfect storm of rising risks.
July inflation eases to 3.4% – likely keeping the Fed split on interest rates for now
The Consumer Price Index rose 3.4% in July over the past 12 months, cooling slightly from 3.5% in June, the Bureau of Labor Statistics said Wednesday.
Inflation cooled in July but remained elevated as Fed weighs rate hikes
The Labor Department released the consumer price index (CPI) for July which showed that inflation cooled, even as the pace of price growth remained elevated.
US inflation cooled slightly to 3.4% in July, according to latest data
Energy is cheaper than at its peak in late April, but gas is still nearly $1 a gallon more expensive than before the Iran war
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
A key inflation reading Wednesday showed prices moderating across a range of goods and services, possibly taking the urgency out of an imminent interest rate hike.