August PCE: Key fed inflation gauge rises 2.2.% annually, beating expectations
Inflation continued to inch closer to the Federal Reserve benchmark target Friday, falling to 2.2% year-to-year in August, ...
CNN3m
What fueled this week’s record-breaking stock rally
The stock market is racking up record highs again. Investors are wasting no time moving into riskier assets from bitcoin to ...
Business Recorder32m
Dollar drops after inflation data
NEW YORK: The dollar weakened on Friday after a reading of US inflation indicated price pressures continue to cool, while the ...
Macau Business21m
Dow pushes to record after US inflation data
The Dow pushed to a fresh record while the Nasdaq pulled back Friday following US inflation data expected to keep the Federal Reserve on track to cut interest rates further.
Treasury yields fall as PCE inflation cools; 2-year rate logs 4-week skid
Bond yields ended Friday lower as traders digested PCE inflation data for August that came in cooler than Wall Street anticipated.