US may need more slack in job market to hit 2% inflation
By Howard Schneider WASHINGTON (Reuters) -The U.S. labor market likely needs to weaken further for the Federal Reserve…
Key US Inflation Metric to Ease as Focus Shifts to Jobs Market
A shopper at a clothing store in downtown Detroit, Michigan. (Bloomberg) — The Federal Reserve’s preferred gauge of…
Nasdaq notches 5th straight record, Dow tumbles as Wall Street gears up for Fed week
Black Rock Coffee Bar (BRCB) made its public debut on the Nasdaq on Friday. Shares opened at $26.50…
FTSE 100 and US stocks lower as US inflation data holds steady
The pound edged 0.3% lower against the dollar (GBPUSD=X) on Friday morning, to trade at $1.3462, as the…
Dow, S&P 500, Nasdaq futures climb as Fed rate cut bets surge after inflation data
CoreWeave (CRWV) was teed up to letdown investors last night. And it did on several fronts. First, the…