Wall Street surged to record highs after the Fed cut rates, with the S&P 500 climbing over 1.7% to set a new peak, surpassing its previous record from July. Meanwhile,…
Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track to lower interest rates next month.The so-called core consumer price…
On Wednesday, the S&P 500 and Nasdaq experienced their most significant daily percentage gains since February 22nd, while the Dow also rose. This rally was driven by a surge in…
US inflation cooled broadly in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs, sending the strongest signal yet that the Federal…