Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
The S&P 500 gained 23.3% in 2024. This sort of gain is truly extraordinary given the fact that we haven't had rate cuts as ...
Two big risks threaten a “resilient” U.S. economy, JPMorgan Chase CEO Jamie Dimon said ahead of the weekend’s scheduled ...
Wall Street's main indexes surged on Wednesday, with the benchmark S&P 500 at a one-week high, propelled by ...
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...
The slowdown in core price increases was greeted with relief on Wall Street, with Dow Jones futures pricing surging nearly ...
U.S. stocks are rallying Wednesday after Wall Street and financial markets worldwide got a shot of adrenaline from an ...
In the wake of Wednesday’s encouraging consumer price index, Wall Street still expects the Federal Reserve to pause cutting interest rates at its January meeting. But odds of multiple cuts in 2025 ...
JPMorgan saw its net profits rise to a record $58.5 billion from $49.6 billion in 2023, while Goldman Sachs reported profits ...
Scott Bessent, President-elect Donald Trump's nominee for Treasury secretary, will step into the spotlight this week, with the Senate Finance Committee scheduled to start his confirmation hearing at ...
Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than ...