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US stocks dip after disappointing inflation data dents hopes for coming cuts to interest rates
Wall Street is edging back from its record heights after a disappointing report said inflation was worse last month.
Producer prices jumped in July but may not translate directly into the Fed’s preferred inflation gauge, easing fears of ...
Wholesale inflation much hotter than expected in July — throwing possible wrench into rate cut hopes
The Producer Price Index saw its biggest monthly gain since June 2022, the Bureau of Labor Statistics said Thursday.
The Treasury Secretary insists he's not issuing orders, but he reiterated the math for a neutral rate points to a 150-basis ...
Bitcoin was down by more than 3% at below $119,000 Thursday morning, following the release of a hotter-than-expected producer ...
President Trump's tariffs continue to affect global markets and the economy. Follow for live updates on stocks, bonds and other markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Growth, inflation and jobs data don’t signal rates cuts. Yet the odds of a quarter-point September cut are at just under 100% ...
U.S. stagflation fears seeped into global markets on Thursday after surprisingly hot inflation data applied heavy pressure to U.S. Treasuries and sparked selling of government bonds everywhere from ...
US stocks hovered around the flatline as Wall Street awaited another pulse check on inflation after Tuesday's tepid figures sent rate-cut bets and markets soaring.
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