December PCE Report: PCE Inflation Index Up 2.6%, In Line With Expectations
The PCE Price Index year over year rose 2.6% in December, in line with forecasts and following an increase of 2.4% in ...
11 Charts Examining the Racial Wealth Gap
What data tells us about the disparities along racial lines for income, savings, and overall financial well-being.
AbbVie Up Nearly 8%, On Pace For Largest Percent Increase Since March 2020 — Data Talk
--Up 9.18% at today's intraday high; largest intraday percent increase since Nov. 4, 2020, when it rose as much as 10.83% The industry has struggled to find any consistency, but there are attractive ...
Tariff shock ahead? This is the trade to make before the weekend headlines hit.
The NYMEX front-month gold contract (GC00) late Thursday rose above $2,850 an ounce for the first time as Goldman Sachs reiterated its $3,000 price target, saying the yellow metal was a hedge against ...
ICE Canada Morning Comment: ICE Canola Weighed Down by Tariff Threat
U.S. President Donald Trump reiterated his calls for tariffs on Canada and Mexico while speaking to reporters Thursday. The U.S. is a major importer of both canola oil and meal from Canada. What comes ...
We Expect A.O. Smith to Deliver a Strong Profit Margin in 2025 Despite Little Top-Line Growth
A.O. Smith has a conservative capital structure with more cash on hand than outstanding debt. At the end of the fourth quarter of 2024, the firm had $193 million in total debt and $276 million in cash ...
Inflation finishes 2024 well above Fed's 2% target, PCE shows. Rate cuts on hold.
Fed Chair Jerome Powell said earlier this week he expects inflation to turn lower again, but he did not say when he expected it to happen. The most recent Fed forecast shows PCE inflation ending 2025 ...
Fed's Bowman sees 'upside risks' to inflation, backs cautious and gradual policy approach
Progress on inflation was "noticeably" slower last year than in 2023, and upside risks to higher price pressures remain, and therefore the U.S. central bank should adopt a cautious and gradual ...
Intel's forecast missed by a mile. Here's why the stock is rising anyway.
Intel Corp. missed big time with its outlook for the first quarter, calling for break-even adjusted earnings per share while analysts were expecting 9 cents. Other guidance metrics came up short as ...
Wages and benefits for American workers see smallest gains in three years
The numbers: Wages and benefits for American workers continued to decelerate in the fourth quarter, the Labor Department said Friday. The employment cost index rose at a 3.8% clip in the 12 months ...
News Highlights: Top Global Markets News of the Day - Friday at 9 AM ET
The central bank is on hold with interest rates until the inflation picture improves. Consumer prices were 2.3% higher in January than the first month of 2024, down from a 2.6% rise in December. As ...
Chevron logs its first refining loss in four years, sending stock lower
Chevron Corp.'s stock fell 3.9% Friday, after the oil company's downstream-refining business delivered its first loss in four years, hurt by lower margins on oil sales. The company also missed profit ...