Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
The Dow Jones Industrial Average lost 696.75 points, or 1.63%, to close at 41,938.45. The S&P 500 slid 1.54% to 5,827.04, ...
The economy was expected to add 153,000 jobs last month, according to economists polled by financial-data firm FactSet. The unemployment rate ... kicking off a flurry of interest rate hikes from the ...
Fed Chair Jerome Powell has said the central bank will keep its key interest rate elevated until inflation is back to 2%. As ...
Stock futures ticked lower on Thursday night after the Dow Jones Industrial Average and the S&P 500 ended a three-day losing ...
Forecasters surveyed by the data firm FactSet expect that U.S. payrolls grew by 153,000 ... he says, that would be seen by ...
The drop in Apple shares Thursday broke a three-day winning streak for the S&P, despite big banks posting upbeat earnings.
Federal Reserve officials at their meeting Dec. 17-18 expected to dial back the pace of interest rate cuts this year in the ...
Recently, progress on inflation appeared to be stuck or, at worst, reversing: A closely watched gauge of underlying price hikes — an index that excludes highly volatile categories — hadn’t budged for ...
In 2024, job growth continued to cool off, settling back into a familiar gait that was roughly in line with the pace of job creation in 2010-2019.