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Inflation Data and Crypto Craze: Stocks Poised for Fed Rate Cut Hype
Crypto Remains in the Spotlight: Investors continue to buy all things crypto. Bullish (BLSH) went public in an IPO yesterday, with its stock soaring from its offer price of $37 to $68 – an 84% gain – but shares had been as high as $118, a 219% rise. BLSH is up another 13% in premarket trading.
The surprise PPI reading, driven by the biggest monthly gain in core since 2022, further muddies the central bank's September ...
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
The producer price index for July suggests companies may be feeling the sting of inflation and consumers could be next.
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Inflation shock: Core producer prices hit 3-year high in July in 'head-scratching' inflation surge
Producer prices in July rose faster than forecast across the board, giving investors and the Federal Reserve an inflation ...
Canada's main stock index edged down on Thursday, led by declines in industrials and technology shares, as ...
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Key inflation rate shows biggest rise in 6 months, CPI shows, but Fed rate cut still appears in play
Someone has to pay the cost of higher U.S. tariffs — and part of the cost finally appears to be falling on consumers. A key ...
Both did not commit to how they would vote on interest rates. However, they praised Trump's pro-growth agenda.
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