The Latest Breaking News from Inflation

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Friday closed +0.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.05%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.09%. Stocks closed generally higher on a larger-than-expected decline in...

The dollar index (DXY00 ) on Friday fell by -0.14%. The dollar was undercut by Friday’s decline in the U.S. deflator to a 2-3/4 year low, which supported the market’s view for Fed rate cuts starting in early 2024. On the other hand, the dollar saw underlying support from the...

The shift to electric vehicles, the use of advanced components, easing inflation, and the expected cut in interest rates are enhancing the growth outlook for the automotive industry. Therefore, lets analyze whether auto stocks Isuzu Motors (ISUZY), Garrett Motion (GTX), and Blue Bird (BLBD) are the right picks for 2024.

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.08%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.19%. Stocks are mildly higher on support from a larger-than-expected...

A measure of inflation favored by the US Federal Reserve weakened in November on lower energy prices, government data showed Friday, providing further reassurance to policymakers keen to rein in price increases.

Discover the uplifting news about the economy and consumer sentiment in this creative and informative article. Find out why worries about inflation are fad...

Get ready for a promising start as S&P 500 and Nasdaq gear up for a higher open following mild inflation data. Meanwhile, Nike takes a slight dip.

Get ready for a wild ride! The US economy takes a surprising turn as tamed November PCE inflation gives the Fed the green light for an early pivot. Hold on...

Get ready to breathe a sigh of relief as the Fed's favorite inflation gauge takes a tumble in November. Price pressures are easing, bringing a creative twi...