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Bitcoin peeled back from its fresh all-time high after a shocking US inflation report caught traders off guard.
Most stocks are falling on Wall Street following a disappointing update on inflation. But gains for Amazon and other ...
The Bureau of Labor Statistics reported the producer price index jumped more than expected in July, spurring renewed concerns ...
A September interest rate cut by the Federal Reserve risks inflation expectations increasing, says JP Morgan's head of inflation strategy Pheobe White on this Macro Matters edition of the FICC Focus ...
“Core” producer prices, which exclude volatile food and energy costs, also rose 0.9% from last month — the highest jump since March of 2022. Year-to-year, core prices increased 3.7% after coming in at ...
Gold prices fell on Thursday as hotter-than-expected U.S. inflation data and a drop in jobless claims lifted the dollar and ...
Gold settled 0.7% lower, down three of the past four sessions, and silver fell 1.3%, snapping a two-session winning streak.
The average rate on 30-year fixed home loans registered 6.63% for the week ending Aug. 7, down from 6.72% last week.
The Labor Department reported Thursday that its producer price index — which measures inflation before it hits consumers — ...
In one of the more surprising developments of the current trading environment, U.S. stocks remained near record highs on Thursday despite a sharper-than-expected increase in producer prices and a ...