CPI inflation report August 2024:
Inflation in August declined to its lowest level since February 2021, according to a Labor Department report Wednesday that also…
Wholesale prices rose 0.2%, in line with expectations
Wholesale prices rose in August about in line with expectations, the final inflation data point as the Federal Reserve gets…
OpenAI’s CFO says funding round should close by next week in letter
OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI…
Inflation is slowing but the Fed’s next move is still up in the air
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market…
Stocks making the biggest moves midday: WYNN, RKLB, SAVA
Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped 1.6% after the U.S.…
Port strike could reignite inflation, with larger economic impact dependent on how long it lasts
Port of Miami dockworkers strike near the port entrance and demand a new labor contract, on October 1, 2024 in…
The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means
Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…
Watch Fed Chair Jerome Powell speak live on economy, policy views
[The stream is slated to start at 1:55 p.m. ET. Please refresh the page if you do not see a…
Prices rise 2.2%, less than expected
Inflation moved closer to the Federal Reserve’s target in August, easing the way for future interest rate cuts, the Commerce…
Stocks making the biggest moves midday: SATS, CVS, STLA
Check out the companies making headlines in midday trading: Nio — The U.S.-listed shares of the Chinese electric vehicle maker…
