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Economists at Bank of America and Goldman Sachs forecast inflation will shoot up to more than 3.5% by year’s end.
President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union.
US PCE inflation came in as expected, albeit with upside revisions to previous data.
The Dow Jones gained around 750 points from last Friday’s close, forming a technical rejection of the 200-day Exponential Moving Average (EMA) and reclaiming the 42,250 level for the third time this ...
S&P 500, Nasdaq, Dow Jones will look to begin the month of June in green. The coming week also brings a raft of economic and ...
South Korea's exports to the U.S. are poised to shrink for a second straight month in May, as President Trump's higher tariffs weigh on shipments of vehicles and other goods, early trade data showed.
NEW YORK (AP) — Wall Street closed its winning week and month with a quiet Friday following a mixed set of profit reports ...
The US Federal Reserve's preferred inflation measure cooled more than expected last month, according to government data ...
Dow industrials ... bonds' levels and the impact of U.S. fiscal profligacy this week. 3 Political Fights Are Brewing This Summer. Prepare for Volatility. The tariff battle, the tax bill, and ...
Tariffs Add Fuel to Hot Used-Car ... focused on the government bonds' levels and the impact of U.S. fiscal profligacy this week. (END) Dow Jones Newswires May 26, 2025 21:15 ET (01:15 GMT ...
With “Liberation Day” scheduled for Wednesday, markets braced for the impact of a sweeping 25% levy on foreign-made cars and additional reciprocal tariffs. Dow futures dropped 326 points ...
Earlier, the White House threatened to take the case to the Supreme Court on Friday if its appeal was not granted.