Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong fourth-quarter earnings. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 0.
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 rates this year.
The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today's inflation data may finally put us on track for an interest rate cut.
The post-pandemic years have not been kind to American consumers. Prices are up, as well as interest rates on credit cards and loans. That has resulted in many families having a hard time making
As U.S. President Donald Trump returns to the White House, it already seems clear that his second term will look little like his first. Many of Trump’s first-term appointments distanced themselves from his views and even denounced him.
Today, the National Restaurant Association announced that Hudson Riehle, senior vice president of the organization's Research and Knowledge Group, will retire in April.
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Graduating college no longer gives students a leg up in the workforce. They need real world experience, too. Now, colleges are stepping up their internships and co-op programs to fill the increasing need.
Gambling advertisements on NSW buses and trains will be banned after the state government faced criticism after promotions for the Brisbane-based Picklebet appeared on trains, light rail and in stations last year. The ban is expected to be implemented over the next 12 months.
It follows threats by Trump to levy import taxes of 25% on Mexico and Canada, accusing them of allowing undocumented migrants and drugs into the US.
Remember “quiet quitting?” The pandemic-era buzzword may have faded but the quiet quitters haven’t exactly quit quiet quitting.
Wall Street banks are getting ready to sell up to $3 billion of debt holdings in X, the social-media platform controlled by Elon Musk, two sources with knowledge of the matter said Friday.