This week's US inflation data is very important. Here's why
Markets hate uncertainty, and there's a lot of it this fall: The United Auto Workers union may strike on Friday, the federal government is heading toward another potential shutdown in October, geopolitical tensions with China remain heightened and oil prices could stay elevated through December. There's also the looming question about whether the Federal Reserve will hike interest rates again.
2023-09-12 20:49
Oracle tumbles as strong cloud competition, Cerner weakness dent forecast
Oracle sank 9% on Tuesday, after a weak forecast suggested strong competition in the cloud-computing industry and a
2023-09-12 18:51
Futures ease after rally, key inflation data awaited
U.S. stock index futures dipped on Tuesday, after starting the week on a strong footing, on caution ahead
2023-09-12 17:55
European shares muted, SAP drags Germany's DAX down
By Bansari Mayur Kamdar European shares were flat on Tuesday as losses in technology stocks offset gains by
2023-09-12 16:50
Americans have never been wealthier
Fueled by a resurgent stock market and rising home values, US household wealth hit a record $154.3 trillion during the second quarter of this year, according to federal data.
2023-09-12 00:58
Morgan Stanley strategists tout health stocks in "late cycle" market
By Lewis Krauskopf NEW YORK Morgan Stanley equity strategists said on Monday that markets are in a "late
2023-09-12 00:54
Futures advance after a dull week on gains in Tesla
U.S. stock index futures gained on Monday, boosted by Tesla shares, and ahead of inflation data later this
2023-09-11 18:28
The problem with labor data in understanding inflation
US inflation has slowed markedly over the past year as the Federal Reserve raised interest rates aggressively to cool demand and slow price increases. The job market hasn't cooled as much and there's always speculation over what the latest monthly jobs report means for the Fed.
2023-09-10 19:57
Investor hopes for US soft landing ride on inflation data
By David Randall NEW YORK U.S. stock investors are turning their focus to next week’s inflation data, which
2023-09-09 06:27
US furniture retailer RH shares tumble as slowing sales prompt dour revenue forecast
By Chibuike Oguh NEW YORK Shares of U.S. home furniture retailer RH dropped more than 15% on Friday
2023-09-09 03:15
UBS executives sold over $15 million shares in September
UBS executives have sold millions in shares since the Swiss bank announced its second quarter results, according to
2023-09-09 01:29
Futures fall on investor caution ahead of inflation data
U.S. stock index futures were muted on Friday ahead of a fresh inflation reading next week against the
2023-09-08 18:25