Investors breathe a sign of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
Why tariffs on Mexico, Canada may not go into effect: Macquarie
With President Trump's threat of tariffs on Mexico and Canada looming for Saturday, there's one possible reason why they may not happen at all. Such tariffs are likely to be found by a court to fall o ...
The good and not so good in consumer spending
Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...
Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...
Stock market today: Wall Street poised to open higher ahead of government's latest inflation data
Wall Street pointed higher early Friday as more strong earnings results trickled in along with a closely-watched report from the U.S. government showing that inflation ticked higher. Futures for the S ...