December US CPI Report Shows Inflation at a 2.9% Annual Rate
The Bureau of Labor Statistics reported that the Consumer Price Index rose 2.9% in December from year-ago levels—an uptick ...
Crypto XRP reaches all-time high above $3. It now has the $4-plus range in its sights.
XRP's price hit an all-time high on Wednesday, potentially opening a path for the cryptocurrency to reach as high as $4.40, one technical analyst said.
BOE's Taylor Sees Rising Risk Of Further Weakening In Output, More Rapid Disinflation
The U.K. faces an increased risk of weaker economic growth and a more rapid fall in inflation than the Bank of England has anticipated, one of its rate setters said Wednesday.
Toronto Stocks Advance; BlackBerry Rises on Report Outlining Cyberattack Successes in 3Q
Shares in BlackBerry rose 2.8% to 5.91 Canadian dollars ($4.12) after the Canadian cybersecurity firm released a report that said it stopped 600,000 cyberattacks on critical infrastructure in the ...
3 Large-Cap Funds That Look Risky Despite Strong Gains and Solid Management
US large-cap funds enjoyed another bountiful year in 2024. The typical fund in the large-growth Morningstar Category returned ...
Nordic Stocks Gain; Millicom International Cellular Climbs Highest
Nordic stocks gained Wednesday, with the OMX Nordic 40 Index rising 2.0%. Millicom International Cellular S.A. was the biggest leader among large stocks during the session, jumping 11.2%, and EQT AB ...
U.S. stocks have never been more expensive, based on this metric
The S&P 500 SPX currently boasts a forward price-to-earnings ratio of 21.4 times expected 2025 profits. That has come down a touch from its recent peak late last year, but it remains right around the ...
Canada Factory Shipments Rise 0.8% in November, Wholesale Trade Dips — Update
In volume terms, factory shipments were flat in November while wholesale sales fell 0.5% from the prior month. That has likely been captured in Statistics Canada's previous estimate of industry-level ...
News Highlights: Top Global Markets News of the Day - Wednesday at 11 AM ET
Gas prices rose sharply, but investors homed in on a small decline in the core CPI. U.S. stocks rose, with new inflation data reviving hopes of rate cuts, and solid results from big banks setting a ...
'She is very manipulative and controlling': My mother offered to buy me an apartment, but there are strings. Is it foolish to say no?
My parents, my sister and I - a middle-aged woman - are from overseas, but I've lived in the U.S. for more than half of my life. They went back to live there. I never got along with my mother. I have ...
News Highlights: Top Financial Services News of the Day - Wednesday at 11 AM ET
Big bank profits surged in the fourth quarter and Wall Street roared back to life, with net income rising 50% at JPMorgan Chase and more than doubling at Goldman Sachs. Rowan also signed onto another ...
SEC Chief Economist Wachter to Leave Agency
Wachter, who is also director of the SEC's Division of Economic and Risk Analysis, will depart the agency Friday after overseeing its economists and data scientists since May 2021. She will return to ...