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PCE Inflation Rises 0.2% In October, Hitting 2.3% Annually, As Core Inflation Matches Forecasts At 2.8%
The personal consumption expenditures (PCE) price index, the Federal Reserve's preferred inflation gauge, rose 0.2% in ...
The Fed is Losing the Inflation Battle. Investors Don’t Care
Asset prices, meanwhile, have shrugged off all indication that the Fed’s inflation battle is moving in the wrong direction.
Losses for Big Tech dampen Wall Street indexes
Technology stocks helped pull stocks lower on Wall Street Wednesday, handing the market its first loss in more than a week.
US economy: confident consumers, sticky inflation?
The U.S. economy remains strong as consumer spending rose 0.4% in October. Core inflation stayed at 2.8% year-over-year, ...
US economy grows at 2.8% pace in third quarter on consumer spending, unchanged from first estimate
The American economy expanded at a healthy 2.8% annual pace from July through September on strong consumer spending and a ...
Stock market today: Wall Street wavers as Big Tech stocks fall
BANGKOK -- Shares were mixed in Asia on Wednesday, with Chinese shares leading gains, after U.S. stocks rose to records ...
Dow, S&P 500 Pull Back Off Record Highs As Tech Stocks Slump
After trending higher over the past several sessions, stocks gave back some ground during trading on Wednesday. The tech-heavy Nasdaq ...
Trump's proposed tariffs on Mexico, Canada, China will increase inflation, Goldman Sachs warns
President-elect Trump's plan to increase tariffs on goods from China and impose them on products from Mexico and Canada would ...
Bill McEwen3d
Wall Street Wavers as Big Tech Stocks Fall
Tech giants drag market lower, offsetting gains in other sectors as Wall Street grapples with mixed economic signals.