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Supercharged returns and the promise of AI have drawn investors—and meme-stock speculators—to equity markets in recent years. But it’s been a very different story for the...
Goodboy Picture Company | E+ | Getty Images Almost two-thirds, or 61.9%, of homes listed on the market in May had been for sale for at...
2 Mins Ago Fed needs more ‘good data’ on inflation, Powell says Inflation data this year has not yet given the Federal Reserve “greater confidence” that...
New forecasts released after this week’s two-day meeting indicated slight optimism that inflation remains on track to head back to the Fed’s 2% goal, allowing for...
Annual inflation rate cools to 3.3% but remains well above Federal Reserve’s target The government has released new inflation data showing a slight cooling of the...
US stocks roared on Wednesday after a fresh reading on inflation showed consumer prices increased less than expected in May. The latest snapshot of inflation comes...
A new wave of political pressure greeted Fed Chair Jerome Powell as he and his colleagues gathered in Washington this week to discuss the direction of...
US stocks popped on Wednesday after a fresh reading on inflation showed consumer prices increased less than expected in May. The latest snapshot of inflation comes...
The annual inflation rate appears stuck above 3% as another reading Wednesday showed. That’s more than a full percentage point above where Fed officials want to...
Economists surveyed by Dow Jones had been looking for a 0.1% monthly gain and a 3.4% annual rate. Excluding volatile food and energy prices, core CPI...
On the economy, critics of President Joe Biden contend he has a substance problem. The White House and its allies claim that Biden has a messaging...