News

While the consumer price index is more commonly known, the Fed relies heavily on the PCE for deciding its stance on monetary ...
The S&P 500 and Nasdaq notched new all-time high in early trading Friday, buoyed by easing trade tensions and hopes for lower ...
The sharp reversal from spring lows masks the opportunity cost of President Donald Trump's policies, which pre-empted higher ...
Investors are looking to the inflation print to test bets that a Federal Reserve rate cut could land sooner rather than later ...
The S&P 500 hit a new record high on Friday, soaring to its highest level since February as investors cheered a host of ...
At the same time, Americans cut back on spending for the first time since January, as overall spending fell 0.1%. Incomes ...
The benchmark index rose 0.2% to 6,154.81 points, surpassing the previous peak of 6,147.43 on February 19, while the ...
The US’s headline personal consumption expenditures inflation index for May rose at an annual rate of 2.3 per cent, in line with consensus expectations and slightly above April’s 2.2 per cent rise. On ...
At the opening bell, the Dow Jones Industrial Average (.DJI) climbed 118.8 points, or 0.27%, to 43,505.6. The S&P 500 (.SPX) ...
Euro/US dollar exchange rate reaches nearly 4-year high, allowing Turkish exporters to enjoy higher euro-dominated revenues, ...
Friday's inflation data from the PCE price index for May showed only a limited impact from tariffs, but this may not last. In an email, Greg Wilensky, head of U.S. fixed income and a portfolio manager ...