The Latest Breaking News from Inflation

When the December nonfarm payrolls report hit the tape, there was no question which way stocks would go at Friday's opening bell.

The dollar index (DXY00 ) Friday rose by +0.44% and posted a 2-year high. Friday’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its gains...

The dollar index (DXY00 ) today is up by +0.41% and posted a 2-year high. Today’s stronger-than-expected US Dec payroll report pushed bond yields higher and boosted the dollar as unexpected signs of strength in the labor market reduced the chances of Fed rate cuts. The dollar added to its...

Biden administration officials say the sanctions are being imposed now because they are not likely to add to inflation

The FOMC is unlikely to cut interest rates in 2025 because of strong labor market and inflation data. There is a growing risk of higher rates.

The S&P 500 Index ($SPX ) (SPY ) today are down -1.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.91%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.49%. March E-mini S&P futures (ESH25 ) are down -1.19%, and March E-mini Nasdaq futures...

UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the government’s tax and spending plans. Yields on gilts, as UK government bonds are called, have been rising – and these yields are effectively the level of interest that the government…

Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency

U.S. hiring picked up unexpectedly in December as employers added 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates