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Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
US PCE inflation came in as expected, albeit with upside revisions to previous data.
The Dow Jones gained around 750 points from last Friday’s close, forming a technical rejection of the 200-day Exponential Moving Average (EMA) and reclaiming the 42,250 level for the third time this ...
President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union.
US stocks fell Monday after a strong May, pressured by surging oil prices and escalating Russia-Ukraine tensions. Steel and ...
An OECD warning of economic damage from President Trump's tariffs has put investors on watch for progress in US trade talks.
South Korea's exports to the U.S. are poised to shrink for a second straight month in May, as President Trump's higher tariffs weigh on shipments of vehicles and other goods, early trade data showed.
The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data ...
Tariffs Add Fuel to Hot Used-Car ... focused on the government bonds' levels and the impact of U.S. fiscal profligacy this week. (END) Dow Jones Newswires May 26, 2025 21:15 ET (01:15 GMT ...
NEW YORK (AP) — Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports ...
Dow industrials ... bonds' levels and the impact of U.S. fiscal profligacy this week. 3 Political Fights Are Brewing This Summer. Prepare for Volatility. The tariff battle, the tax bill, and ...
Computer chipmaker Nvidia's blockbuster quarterly earnings are boosting investor confidence in the AI revolution and the tech ...
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