Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
Quarterly reports from big banks are also highly anticipated later this week, with the lenders expected to report stronger ...
Oil futures resume their rally with winter demand and prospects of supply curbs due to U.S. sanctions pushing prices to their highest level since August. "U.S. sanctions against Russia remain the ...
U.S. stock futures were surging on Wednesday morning after the consumer-price index report showed inflation ticked up 0.4% in December, higher than the 0.3% forecast. But core inflation, which omits ...
Natural gas futures settled 1.4% lower, pulling back from their overnight high, amid reports of a drop in feedgas flows to Freeport LNG in Texas.
Stock futures jumped after Wall Street finally got an encouraging update on inflation. The producer price index rose 0.2% in December on a monthly basis, the Bureau of Labor Statistics said Tuesday.
Investors are coming off a strong session after a moderate improvement in core inflation in December’s consumer price index ...
Wall Street will first parse the producer price index for December on Tuesday, followed by the consumer price index on ...