Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong fourth-quarter earnings. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 0.
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today's inflation data may finally put us on track for an interest rate cut.
US stocks surged higher Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
Understanding these potential threats is crucial for preparing and safeguarding the workforce and sustainable business performance of tomorrow.
The post-pandemic years have not been kind to American consumers. Prices are up, as well as interest rates on credit cards and loans. That has resulted in many families having a hard time making
US stocks rallied Wednesday after an encouraging inflation report and blockbuster profits for some of America’s biggest banks.
As U.S. President Donald Trump returns to the White House, it already seems clear that his second term will look little like his first. Many of Trump’s first-term appointments distanced themselves from his views and even denounced him.
As of December, overall food inflation was 2.5% year over year, according to the Bureau of Labor Statistics’ consumer price index summary. Grocery prices (described as “food-at-home”) rose 0.3% month over month in December, while dining costs (also known as “food-away-from-home”) experienced a similar hike.
Finding the best online student loan lender depends on several factors. “Students should carefully review interest rates, fees, repayment terms and any potential benefits offered by different lenders,” advises McClary. “It's crucial to read the fine print and compare multiple offers before making a decision,” he adds.
Graduating college no longer gives students a leg up in the workforce. They need real world experience, too. Now, colleges are stepping up their internships and co-op programs to fill the increasing need.
Today, the National Restaurant Association announced that Hudson Riehle, senior vice president of the organization's Research and Knowledge Group, will retire in April.