U.S. inflation rose at a slower than anticipated rate in June, although so-called “core” prices remained elevated, suggesting that the Federal Reserve is likely to raise interest rates further at its upcoming policy meeting. The Bureau of Labor...
Stock futures inched higher Tuesday in the countdown to inflation reports that could give the Federal Reserve cause to consider ending its interest-rate hikes more quickly. S&P 500 (^GSPC) futures added about 0.2%, while those on the Dow Jones Industrial Average...
By Johann M Cherian and Bansari Mayur Kamdar (Reuters) – Wall Street was set for a subdued open on Monday as investors stayed cautious ahead of a key inflation report, while weak data out of China fanned worries of a looming economic slowdown. All eyes will be...
Oil prices kept to a tight range on Friday as strong labor data fueled fears of rising U.S. interest rates, but were set for a second straight week of gains amid signs of tighter supplies and improving demand. Data on Thursday showed that U.S. inventories shrank more...
Wall Street Futures Take a Tumble, but Meta Threads its Way to Twitter’s Doorstep Wall Street futures stumbled as investors tried to digest the minutes from the Federal Reserve’s June meeting. However, amidst the chaos, Meta proved to be the rebel of the...
Wall Street futures fell on Thursday as investors digested minutes of the Federal Reserve’s June meeting, while Meta bucked the slide in rate-sensitive tech and growth stocks as it took aim at Twitter with the launch of its Threads app. U.S. stock indexes...
