Inflation was flat in October from the prior month, core CPI hits two-year low
Inflation was flat in October from the previous month, providing a hopeful sign that stubbornly high prices are easing their…
UBS sees a raft of Fed rate cuts next year on the back of a U.S. recession
UBS expects the U.S. Federal Reserve to cut interest rates by as much as 275 basis points in 2024, almost…
Consumer spending fell in October, according to new CNBC/NRF Retail Monitor tracking card transactions
The consumer took a spending break ahead of the holiday season, with October retail sales, excluding autos and gas, falling…
New fund bets big on Eisenhower-era stocks
Investors concerned about the market may want to consider stocks that have stood the test of time — otherwise known…
Ripple CEO says SEC has lost sight of mission to protect investors
The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told…
Moody’s cuts U.S. outlook to negative, citing deficits and political polarization
Moody’s Investors Service on Friday lowered its ratings outlook on the United States’ government to negative from stable, pointing to…
Fed’s Mary Daly says it’s ‘too early to declare victory’ on inflation
Tighter monetary policy is helping bring down the pace of inflation but not to a level where policymakers should feel…
