Wall Street is still betting on interest rate cuts by the Federal Reserve this year, even as inflation persists and fiscal policy remains a guessing game under Mr.President Donald Trump. A Jan. 28 CNBC survey showed that 65% of respondents believe the Fed will lower rates twice in 2025,
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Investors concerned about sticky inflation should look to high-yield dividend stocks in sectors that will continue to outperform. Here are five such stocks.
World stocks are mixed follow Wall Street’s mostly positive performance ahead of key U.S. inflation data that could influence the pace of the Federal Reserve’s rate cuts.
Survey finds tariffs, tax cuts and immigration policy could weigh on price outlook for next two years.
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and rapidly bring down costs and prices." Read More: Here's What
U.S. inflation picked up last month as gas prices rose sharply, though price gains for other goods and services were more muted.
The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today's inflation data may finally put us on track for an interest rate cut.
US stocks jumped on Wednesday after consumer price data showed inflation continues to slow. Strong bank earnings also helped lift sentiment.
SLB helped lead the market after the provider of services to oilfields delivered bigger profit and revenue for the end of 2024 than analysts expected. It jumped 6.1% after it also raised its dividend by 3.6% and said it’s returning $2.3 billion to its investors by buying back its own stock.
NEW YORK (AP) — U.S. stocks are drifting around a record on Friday as they head for the close of a second straight winning week.
Inflation likely accelerated in December, putting pressure on the Federal Reserve to keep interest rates relatively high.