The ‘supercore’ inflation measure shows Fed may have a real problem on its hands
A hotter-than-expected consumer price index report rattled Wall Street Wednesday, but markets are buzzing about an even more specific prices…
Fed wants more confidence that inflation is moving toward 2% target, meeting minutes indicate
Federal Reserve officials at their March meeting expressed concern that inflation wasn’t moving lower quickly enough, though they still expected…
Trump Media shares close down more than 8%, putting market cap under $5 billion
The share price of Trump Media closed trading Wednesday down 8.57%, putting the company’s market capitalization below $4.7 billion. DJT…
Hot inflation data pushes market’s rate cut expectations to September
As recently as January, investors had high hopes that the Federal Reserve was about to embark on a rate-cutting campaign…
Consumer prices rose 3.5% from a year ago in March, more than expected
The consumer price index accelerated at a faster-than-expected pace in March, pushing inflation higher and likely dashing hopes that the…
New York Community Bank’s online arm is paying the nation’s highest interest rate
New York Community Bank, the regional lender that needed a $1 billion-plus lifeline last month, is offering the country’s highest…
