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Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...
At the interbank foreign exchange, the rupee opened at 87.63, and oscillated between an intraday low of 87.72 and a high of ...
Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer price index report for July. Policymakers should “reserve judgment” ...
Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.
The Consumer Price Index in July rose 2.7% year-over-year, and so did grocery prices, which have gotten more expensive ...
The blue chip Dow Jones Industrial Average gained 1.0% to 44,922 on strength in UnitedHealth Group ( UNH, +3.9%) and Nike ( NKE, +3.1%). The IPO market remains hot as evidenced by today's market debut ...
Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...
Donald Trump got some positive economic data — even if dissing the July jobs report and firing the BLS head may have cost him ...
While a higher COLA would be welcome because monthly benefits will increase, many will be disappointed,” Senior Citizens ...
Social Security benefits are expected to increase slightly in 2026, according to the latest forecast from The Senior Citizens ...
The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield to 3.711%.
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