The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% on an annual basis.
Stocks surrendered early gains and closed lower after the White House said President Donald Trump would impose promised ...
Behind declines for shares of Chevron and NVIDIA Corp., the Dow Jones Industrial Average is down Friday afternoon.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Tesla, IBM and Meta Platforms helped lead most U.S. stocks higher on Thursday following a rush of profit reports from some of the country's most influential companies.
Wall Street is coming off a losing session after the Federal Reserve paused its interest rate-cutting campaign, leaving its ...
U.S. stock indexes slipped Wednesday after the Federal Reserve opted not to cut interest rates for the first time since it began trying to help the economy through easier rates in September.
Nvidia shares tumbled Wednesday, dashing hopes for a quick recovery from losses earlier in the week amid concerns about the competitiveness of American AI firms and their spending on the emerging ...