Breaking News: Markets

CPI report shows inflation easing in April, with consumer prices still rising 3.4% from a year ago

Inflation eased slightly in April, providing at least a bit of relief for consumers while still holding above levels that…

GameStop, AMC tumble as meme stock rally fizzles after just two days

GameStop and AMC shares fell Wednesday as the meme stock trading frenzy showed signs of fizzling. The brick-and-mortar video game…

Fed Chair Powell says inflation has been higher than thought, expects rates to hold steady

Federal Reserve Chair Jerome Powell reiterated Tuesday that inflation is falling more slowly than expected and will keep the central…

Watch Fed Chair Jerome Powell speak live to bankers group in Amsterdam

[The stream is slated to start at 10 a.m. ET. Please refresh the page if you do not see a…

Wholesale prices rose 0.5% in April, more than expected

Wholesale prices jumped more than expected in April, putting up another potential roadblock to interest rate cuts anytime soon. The…

AMC completes $250 million stock sale during meme rally, shares jump 30%

AMC Entertainment raised about $250 million of new equity capital, completing the sale Monday during the revived meme stock craze…