Why stocks are bonds are on a tear today
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
New inflation reading likely keeps the Fed on pause for now
Fresh inflation data released Wednesday is likely to keep the Federal Reserve on pause during its next policy meeting this ...
American Banker18m
Wells Fargo's profits jump 47% amid dealmaking rebound
The megabank saw $5.1 billion in profits in its fourth quarter, as higher fees from investment banking and wealth management ...
freightwaves.com19m
December inflation data puts future Fed cuts to bed
Despite aggressive interest rate hikes by the Fed aimed at curbing inflation, the CPI's decline in yearly growth has been ...
What CPI Report Could Mean for Donald Trump
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Stock Market Today: Dow, S&P 500 and Nasdaq surge after softer-than-forecast core CPI, bond yields fall; JPMorgan, Goldman launch earnings season
Wall Street sees best CPI day since at least late 2023; Goldman Sachs and JPMorgan kick off the new earnings season ...
BofA says Fed's rate cuts are over with inflation stuck above 2%
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...
Inflation heated up in December, as prices continue to weigh on Americans
Inflation picked up in late 2024, fueled by an increase in gas prices, the latest sign of stalled improvement on lowering ...