U.S. stocks are drifting near their records Friday as Wall Street heads for the finish of another winning week. The S&P 500 was basically flat in morning trading and on…
Americans unexpectedly paused their spending in April from March as inflation continued to sting and elevated interest rates made taking on debt more burdensome. Retail sales were unchanged, coming in…
U.S. stocks are rising Wednesday with hope that inflation is heading back in the right direction, and the S&P 500 is flirting with its record set a month and a…
Consumer inflation in the United States cooled slightly last month after three elevated readings, likely offering a tentative sigh of relief for officials at the Federal Reserve as well as…
Federal Reserve Chair Jerome Powell said Tuesday that the central bank is unlikely to raise its key interest rate in response to signs of stubborn inflation and underscored his view…
Quick Read Stocks on Wall Street experienced a slight increase in morning trading, contributing to the gains already accumulated in May and approaching the record high set in late March.…
The sharp interest rate hikes of the past two years will likely take longer than previously expected to bring down inflation, several Federal Reserve officials have said in recent comments,…
U.S. stocks are drifting around the edge of their record heights on Monday. The S&P 500 was edging up by 0.1% in midday trading and pulling within 0.5% of its…
U.S. consumer sentiment fell sharply in May to the lowest level in six months as Americans cited stubbornly high inflation and interest rates, as well as fears that unemployment could…
U.S. stocks are heading toward the close of another winning week with some more modest gains on Friday. The S&P 500 was 0.4% higher in early trading and on track…
U.S. stocks are drifting higher on a quiet Thursday following two straight days where indexes barely budged. The S&P 500 was up 0.3% in midday trading. It’s pulled back within…