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The 108th running of the Indianapolis 500 is just hours away from beginning its course around the track at IMS.

XAI Octagon Floating Rate & Alternative Income Trust has declared its regular monthly distribution of $0.085 per share on the Trust’s common shares , payable on June 3, 2024, to common...

A measure of inflation closely tracked by the Federal Reserve remained uncomfortably high in March, likely reinforcing the Fed's reluctance to cut interest rates anytime soon and underscoring a burden for President Joe Biden's re-election bid. Friday's report from the government showed that prices rose 0.3% from February to March, the same as in the previous month. It was the third straight month that the index has run at a pace faster than is consistent with the Fed's 2% i...

Japan's annual core consumer price growth is expected to have slowed slightly, a Reuters poll showed, but persistent cost-push pressures kept inflation at or above the central bank's 2% target for two years and remained a drag on household consumption. The core consumer prices index (CPI), which excludes fresh foods but includes oil products, is expected to rise 2.6% year-on-year in March, after a 2.8% gain in the previous month, according to the forecast of 18 economists. The Minist...

Housing costs remained elevated in March, raising concerns over when a recent easing of apartment rents will show up in the US government's inflation data —and if the softening will hold.

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Greater Toronto area home sales fell in March for a second straight month, while prices increased, keeping a housing market recovery in check at a time of historically high borrowing costs, data showed on Wednesday. Seasonally adjusted sales declined 1.1% in March from the previous month after falling 11.5% in February, according to Toronto Regional Real Estate Board (TRREB) data. Home sales rose strongly in December and January, pointing to a revival in the market in anticipation of interest ...

Consumer prices likely rose last month at a pace that would exceed the Federal Reserve's inflation target, underscoring why the Fed is being cautious as it considers when to cut interest rates and suggesting that inflation will remain a potent issue in this year's presidential election. Economists have estimated that prices rose at a brisk 0.4% annual pace from January to February, up from a 0.3% rise the previous month, according to estimates compiled by FactSet. Grocery prices are ...

February's CPI report is the last inflation print before the Fed's next policy decision on March 20.