Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.

U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest ...

Fed Chair Jerome Powell has said the central bank will keep its key interest rate elevated until inflation is back to 2%. As ...

A strong dollar makes money earned abroad worth less in dollar terms, raising the possibility that currency-translation effects might cause companies to miss Wall Street's targets for sales and ...

From March 2022 through July 2023, the Federal Reserve increased the federal-funds rate - the benchmark rate upon which banks' deposit rates are based - from a target range of 0.25% to 0.50% to a ...

The S&P 500 and Nasdaq have both felt pressure as shares of major tech companies came under pressure Monday. Investors ...

The average 30-year fixed rate rose to 7.04% for the week ending Thursday, according to mortgage giant Freddie Mac. The ...

U.S. stocks are rallying following an encouraging update on U.S. inflation. The S&P 500 jumped 1.5% in early trading ...

Financial stocks had among the biggest gains among the S&P 500 ‘s 11 sectors in afternoon trading Wednesday, as shares of ...