Stock markets rise with inflation on radar
Stock markets rose Thursday before publication of key US inflation data and as investors reacted to mixed economic news out of the eurozone.
Source: ktbs.com
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US shoppers spend $38 billion online during Thanksgiving weekend
Despite the ongoing economic uncertainty, major discounts during the Thanksgiving weekend enticed U.S. shoppers, who spent some US$38 billion online
Source: torontotelegraph.com
Stock Market News Today: Indexes Trade Mixed As Inflation Cools Further
PCE data showed prices slowed last month, while weekly jobless climbs climbed, boosting expectations for the Fed to pivot next year.
Source: businessinsider.com
The Fed's favorite inflation gauge cooled in October, and Wall Street believes it may signal 'interest rate cuts are on the horizon'
The Fed's favorite inflation gauge cooled in October, giving investors hope that the central bank's interest rate hiking campaign is coming to an end.
Source: fortune.com
Fed's preferred inflation gauge eases in October
An inflation measure that is closely watched by the Federal Reserve moderated in October, evidence that higher consumer prices are continuing to cool.
Source: foxbusiness.com