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New inflation reading offers hope for Fed rate cuts
AOL· 6 hours agoInflation pressures eased in April, but the progress was likely not enough to push the Federal Reserve to cut interest rates just yet. In April, the Consumer Price Index on ...
Stock Market News for May 14, 2024
Zacks via Yahoo Finance· 1 day agoThe S&P 500 posted 34 new 52-week highs and no new 52-week low. The Nasdaq Composite registered 145 new 52-week highs and 91 new 52-week lows. Investors...
US inflation eased last month in the first slowdown of 2024
The Columbian· 2 hours agoLed by lower food and auto prices, inflation in the United States cooled slightly last month after...
Federal student loan interest rate will rise to highest level in 12 years
CNN via Yahoo Finance· 19 hours agoBorrowing to pay for college is about to get more expensive: The interest rate on new federal...
Wall Street just gave its highest forecast yet for the S&P
Yahoo Finance· 29 minutes agoThe chug higher in stocks has come as investors have aggressively repriced their expectations for...
New York Manufacturing Index Unexpectedly Indicates Slightly Faster Contraction
RTT News· 2 hours agoThe Federal Reserve Bank of New York released a report on Wednesday showing regional manufacturing activity unexpectedly contracted at a slightly faster rate in the month ...
US consumer inflation eases slightly in April, in good news for Biden
AFP via Yahoo Finance· 1 hour agoUS consumer inflation eased slightly last month, according to government data published Wednesday,...
Why Now Is the Time for Closed-End Fund Strategies
ETF Trends· 5 hours agoAn elevated or rising rate environment creates pockets of opportunity within asset classes such as closed-end funds. Federal Reserve Chair Jerome Powell...
US STOCKS-S&P, Nasdaq hit record highs as tepid inflation data fans rate cut bets
Reuters via Yahoo Finance· 2 hours agoThe blue-chip Dow was set to breach the 40,000-mark for the first time and the other two major indexes surpassed...hit in March, after the lukewarm U.S. consumer prices data for April led traders ...
US inflation eased in April in the first slowdown of 2024 - Maryland Daily Record
The Daily Record· 3 hours agoPrices rose 0.3% from March...April, the Labor Department said Wednesday, down slightly from 0.4%...
