The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The S&P 500 ( ^GSPC) gained 0.5%, while the Dow Jones Industrial Average ( ^DJI) rose nearly 0.4%. The tech-heavy Nasdaq ...
U.S. inflation increased by the most in eight months in December amid robust consumer spending on goods and services, ...
US gross domestic product grew by 2.8% in 2024, compared with just 0.7% in the Eurozone. Plagued by structural weaknesses and high energy costs, Europe is being led by the US in terms of growth, ...
Unemployment also rose from 2.3% to 3.2% in Jackson County and from 3% to 4.6% in Jennings County over the same period.
U.S. Treasury yields inched higher on Friday as investors awaited the latest inflation reading as well as other economic data.
Consumer spending fueled growth, despite ongoing fears about inflation.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Real GDP growth in Canada slowed by 0.2 per cent in November, indicating the economy is ending the year on a weaker note. Looking ahead to 2025, conditions may not improve.