Producers of metals and other raw materials fell as traders digested a mixed reading of the Federal Reserve's preferred inflation gauge -- the personal-consumption expenditure price index.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Overall prices were up but core inflation held steady as consumers spent more, saved less and pushed more debt to credit cards.
Bowman said on Friday she expects declining inflation to allow further interest rate cuts this year, but feels many factors ...
The Dow was falling Friday after the White House said tariffs begin on Saturday. The S&P 500 and Nasdaq were rising. The market also reacted to PCE inflation data.
Major stock indices have completed their recovery following Monday's sharp drop, buoyed by tech stocks rallying on the back ...
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
STORY: U.S. inflation increased by the most in eight months in December, suggesting the Federal Reserve will likely be in no ...
Gold hit another record, with investors flocking to safe havens after US President Donald Trump reiterated threats to impose ...
Consumers keep spending, while inflation edges higher.Personal consumption expenditures (PCE) grew by a strong 0.7 percent in December, easily ...
The U.S. dollar gained strength against major currencies as markets awaited President Trump's tariffs on Mexico and Canada. Meanwhile, U.S. consumer spending data suggested the Federal Reserve may not ...
Personal Consumption Expenditures (PCE) report is out and investors are pouring over the data from the Federal Reserve’s preferred ...