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U.S. inflation accelerates to six-year high, eroding wages
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment......»»
U.S. inflation accelerates to six-year high, eroding wages
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment......»»
Inflation accelerates to a 6-year high, eroding wages
U.S. inflation accelerated in May to the fastest pace in more than six years, reinforcing the Federal Reserve’s outlook for gradual interest-rate hikes while eroding wage gains that remain relatively tepid despite an 18-year low in unemployment......»»
Bond Yields Surge To 6-Month Highs As Likelihood Of No-Landing Scenario Increases: UBS Warns Of Potential Fed Rate Hikes To 6.5%
U.S. Treasury yields at highest since mid-November 2023 due to economic resilience, fiscal spending, and inflation pressures, impacting government debt costs and bond ETFs. read more.....»»
Global shares slide as inflation fears spook tech and crypto investors, while gold hits a four-month high
Despite the Fed's dovish tones, inflation concerns caused a broad equities sell-off. Gold hit a four-month high, boosted by a weaker dollar. Visitors look at an electronic board at the Sao.....»»
: Mortgage rates fell again, despite inflation soaring to 13-year high — so what’s going on?
'The last time inflation surged this high in one month Freddie Mac’s 30-year mortgage rate was 16.9%.'.....»»
Energizer stock jumps after adjusted profit and sales beats, raised outlook
Shares of Energizer Holdings Inc. jumped 1.7% toward a nine-month high in premarket trading Monday, after the batteries and lighting products company beat adjusted profit and sales expectations and.....»»
Pfizer beats earnings expectations and lifts guidance, as COVID-19 revenue outlook increases 73%
Shares of Pfizer Inc. jumped 1.6% toward a near five-month high in premarket trading Tuesday, after the drug giant beat earnings expectations and raised its full-year outlook, as revenue .....»»
Bond Report: U.S. Treasury yields slip despite surge in inflation to 2½-year high
U.S. Treasury yields slip Tuesday after bond investors shrugged off an increase in consumer prices in March that sent yearly inflation measures to the highest level in two and a half years......»»
Economic Report: Consumer prices surge again as U.S. inflation marches higher
Consumer prices rose in March for the fourth month in a row and the pace of inflation hit the highest level in two and a half years, underscoring new pressures emerging on the economy as the U.S. recovers from the coronavirus......»»
Tech stocks slammed as bond yields surge to 14-month high
Stocks tumbled as bond yields continued to climb......»»
US mortgage rates hit a 9-month high - and they"ve been climbing since January as inflation fears rise
As expectations for stronger inflation have lifted Treasury yields, the mortgage market has been impacted with rates going back above 3% and climbing. Model homes and for sale signs line the streets as construction continues at a hou.....»»
Fed"s Powell talks inflation, maximum unemployment
10-year Treasury hits 13-month high.....»»
Big-Tech Trumps Small Caps As Inflation Outlook Hits 13-Year High
Big-Tech Trumps Small Caps As Inflation Outlook Hits 13-Year High .....»»
JetBlue"s stock jumps toward 13-month high as revenue outlook improves
Shares of JetBlue Airways Corp. jumped 3.5% toward a 13-month high in premarket trading Monday, after the air carrier provided an upbeat first-quarter revenue outlook. The company said while booking tre.....»»
Food Price Inflation Accelerates For Ninth Consecutive Month; Destabilization Risk For Emerging Markets Elevated
Food Price Inflation Accelerates For Ninth Consecutive Month; Destabilization Risk For Emerging Markets Elevated Is it time to worry about food inflation? The Food and Agriculture Organization's Food Price Index ro.....»»
The Fed: Fed’s Bullard dismisses concern of a repeat of the late-1970s inflation fiasco
St. Louis Fed President James Bullard downplays fears that the U.S. central bank could be headed to another policy mistake on a scale of the high inflation surge of the late 1970s......»»
Occidental Petroleum"s stock soars to lead S&P 500 gainers, as crude oil prices rally toward a 13-month high
Shares of Occidental Petroleum Corp. shot up 9.1% in afternoon trading Wednesday, fueled by a surge in crude oil prices to 13-month highs and continued praise from Wall Street analysts regarding the oil and gas company's plans.....»»
US futures edge higher after stellar start to February, while dollar climbs to 2-month high as economic outlook brightens
US stock markets have cooled slightly since a booming start to February, but upbeat economic data is helping the dollar and bond yields. Joe Biden's $1.9 trillion stimulus plan and better-than-expected .....»»
: GE stock soars as big beat in free cash flow and strong outlook overshadows profit miss
Shares of General Electric Co. powered up to an 11-month high Tuesday before paring some gains, as investors cheered a big beat in fourth-quarter free cash flow, while shrugging off a third profit miss in the past four quarters......»»