Dow opens 100 points higher after PCE inflation report, Apple earnings
U.S. stocks opened higher on Friday after an earnings report from Apple impressed investors by showing strong growth in the consumer-tech giant's services business. Later, a reading from the Federal ...
Investors breathe a sign of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
Intel’s forecast missed by a mile. Here’s why the stock is rising anyway.
Some analysts say the outlook looks conservative. Another says investors are “likely growing numb to the company’s travails.” ...
Inflation report isn't great for maturing commercial-real-estate debt
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The Federal Reserve this week held rates steady at about 1% below peak levels, whil ...
Why tariffs on Mexico, Canada may not go into effect: Macquarie
With President Trump's threat of tariffs on Mexico and Canada looming for Saturday, there's one possible reason why they may not happen at all. Such tariffs are likely to be found by a court to fall o ...
Fed's Bowman Skeptical That Central Bank Still Very Restrictive
Federal Reserve governor Michelle Bowman said Friday that she would prefer only gradual future easing of the central bank's interest-rate policy.
The good and not so good in consumer spending
Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...
Wages and benefits for American workers accelerate slightly in fourth quarter
The labor market is no longer a source of inflation pressures, but economists continue to watch the data closely.
Latest PCE inflation report would justify first-half Fed rate cut: CMC
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 ...
Colgate-Palmolive’s stock slips on weaker-than-expected guidance despite Q4 profit beat
Colgate-Palmolive’s CEO noted that the company hit an “exciting milestone,” but it wasn’t enough to lift the stock premarket.
Treasury yields edge up after PCE inflation report
Treasury yields were up slightly Friday morning, following a U.S. inflation report that was in line with Wall Street’s expectations. The yield on the 10-year Treasury was rising about one basis point ...
Happy holidays: Consumer spending surges again and keeps U.S. economy in overdrive
The holiday shopping season was a gift of sorts to the economy: Consumer spending surged in December to cap off another ...