Latest Federal Reserve System News
Stock market today: Trading muted on Wall Street ahead of key US inflation report
Trading on Wall Street was muted early Wednesday ahead of the latest update on inflation coming out before markets open. Futures for the S&P 500 edged less than 0.1% higher before the bell, while futures for the Dow were off less than 0.1%. Wednesday’s update on...
US inflation likely edged up last month, though not enough to deter another Fed rate cut
WASHINGTON (AP) — Annual inflation in the United States may have ticked up last month in a sign that price increases remain elevated even though they have plummeted from their painful levels two years ago. Consumer prices are thought to have increased 2.7% in November from 12...
Stock market today: Wall Street slips to a rare back-to-back loss
NEW YORK (AP) — U.S. stock indexes drifted lower Tuesday in the runup to the highlight of the week for the market, the latest update on inflation that’s coming on Wednesday. The S&P 500 dipped 0.3%, a day after pulling back from its latest all-time high. They’re the first...
How major US stock indexes fared Tuesday, 12/10/2024
U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The S&P 500 slipped 0.3% Tuesday and marked its first back-to-back losses in three weeks. The Dow Jones Industrial Average fell 0.3%, and the Nasdaq...
Stock market today: Nvidia drags Wall Street from its records as oil and gold rise
NEW YORK (AP) — A slide for market superstar Nvidia on Monday knocked Wall Street off its big rally and helped drag U.S. stock indexes down from their records. The S&P 500 fell 0.6%, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average dipped...
The end of an Eras tour approaches, marking a bittersweet moment for Taylor Swift fans
NASHVILLE, Tenn. (AP) — After more than 150 shows across five continents over nearly two years, the global phenomenon that is Taylor Swift’s Eras Tour is coming to an end. There is no simple way to encapsulate the effects of Swift’s decision to put on a 3 ½-hour concert,...
Trump says he can't guarantee tariffs won't raise US prices and won't rule out revenge prosecutions
WASHINGTON (AP) — Donald Trump said he can't guarantee that his promised tariffs on key U.S. foreign trade partners won't raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned. ...
Stock market today: Wall Street hits more records following a just-right jobs report
NEW YORK (AP) — U.S. stocks rose to records Friday after data suggested the job market remains solid enough to keep the economy going, but not so strong that it raises immediate worries about inflation. The S&P 500 climbed 0.2%, just enough top the all-time high set on...
US added a strong 227,000 jobs in November in bounce-back from October slowdown
WASHINGTON (AP) — America’s job market rebounded in November, adding 227,000 workers in a solid recovery from the previous month, when the effects of strikes and hurricanes had sharply diminished employers’ payrolls. Last month’s hiring growth was up considerably from a...
Stock market today: Wall Street edges back from its records as bitcoin briefly pops above $100,000
NEW YORK (AP) — The huge rally for U.S. stocks lost momentum on Thursday as Wall Street counted down to a big jobs report that’s coming on Friday. The crypto market had more action, and bitcoin briefly burst to a record above $103,000 before pulling back. The S&P 500 slipped...
