The price gauge used by the Federal Reserve to help set U.S. interest rates accelerated in December, pushing the bank further ...
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
The Federal Reserve’s preferred inflation measure accelerated slightly in December, as price growth remains stubbornly above ...
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
The Federal Reserve’s preferred inflation gauge moved even higher in December, driven in part by rising food and energy prices. However, a closely watched measurement of underlying inflation trends ...
Apple shares rose over 3% in premarket trading, after the company reported better-than-expected earnings but said iPhone sales fell slightly in the December quarter. iPhone sales were down nearly 1% ...
During Q4 2024, global stocks were pressured by investor concerns about economic growth and persistent inflation in some regions & despite potential for further interest rate cuts in 2025.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what ...
If economists are professionals who are paid to make incorrect guesses, as the old joke goes, then they’re certainly earning ...
Visa on Thursday reported $5.1 billion of profits for the final three months of 2024, up 5% from the year prior, as consumer spending remains solid even as some inflation persists. Visa’s per-share ...
Stock futures edged higher Thursday night as investors analyzed earnings reports from Apple and other well-known companies ...