U.S. stocks ended higher on Friday, snapping a three-day losing streak, as an inflation reading met market expectations and eased investor concerns.
Producers of metals and other raw materials rose after inflation data. The personal consumption expenditures price index, the Federal Reserve's preferred inflation gauge, rose in August, but not by as ...
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By Isla Binnie NEW YORK (Reuters) -Gains in Wall Street indexes on Friday were not enough to erase a loss for the week while ...
The latest economic reports show that spending growth is outpacing income gains. That trend won’t last forever.
Breaking: US core PCE rises by 2.9% YoY in August, up 0.2% MoM. The report broadly meets expectations with PCE numbers all ...
Personal income, which rose $95.7B in August was overtaken by consumer spending, which jumped $129.2B, pushing the saving rate to 4.6% amid steady inflation and higher wages.
Inflation rose one-tenth of a percentage point to 2.7% for the year ending in August, the Bureau of Labor Statistics reported Friday.
The biggest risers on the FTSE 100 were Intercontinental Hotels Group, up 350.0 pence at 9,124.0p, Hikma Pharmaceuticals, up ...
Americans ramped up their spending in August; however, their costs of living were on the rise as food and other goods became ...
Bitcoin has dropped below $110k after losing 2% of its value, with the bulls set to defend the $107k support level.
US core PCE inflation held at 2.9% in August while the personal consumption expenditures price index posted a 0.3% gain for ...
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