The chief source of inflation in January was the cost of shelter. That accounted for about 30% of the overall increase in the consumer-price index. Yet shelter costs — rent and housing — are actually ...
So much for more rate cuts! The first CPI print of the year just came in way hot. That immediately spiked bond yields, and ...
Federal Reserve Chair Jerome Powell said Wednesday’s inflation report offers the latest reminder that the central bank has made “great progress” towards bringing inflation closer to its goal but, ...
The cost of groceries, a major pain point for most households, is expected to have risen last month, driven higher by another ...
The bond market is readying for a 10-year note auction, the first under new Treasury Secretary Scott Bessent. The Treasury will sell $42 billion in 10-year notes. The 10-year is important because its ...
Westinghouse Air Brake Technologies Corp (NYSE:WAB) reported its fourth-quarter 2024 earnings, revealing an adjusted earnings ...