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US Orders for Business Equipment Tick Up After Downward Revision

(Bloomberg) -- Orders placed with US factories for business equipment rose modestly in March, indicating firms are cautious about demand prospects and tempering investment.Most Read from BloombergTaylor Swift Is Proof That How We Critique Music Is BrokenBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsBiden’s New Chopper Is Demoted After Scorching White House LawnTesla Soars as Musk’s Cheaper EVs Calm Fears Over StrategyThe value of core capital goods orders, a proxy for

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US Producer Prices Rise But Show Some Relief in Key Categories

(Bloomberg) -- US producer prices increased in March from a year earlier by the most in 11 months, though certain categories that feed into the Federal Reserve’s preferred inflation gauge were more muted.Most Read from BloombergUS Sees Imminent Missile Strike on Israel by Iran, ProxiesUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsVietnam Tycoon Lan Sentenced to Death Over $12 Billion FraudRussia Destroys Largest Power Plant in Ukraine’s Kyiv RegionChinese Cement Maker Halted Af

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US Inflation Refuses to Bend, Fanning Fears It Will Get Stuck

(Bloomberg) -- A key US price gauge topped forecasts for a third straight month on gains in rents and transportation costs, spurring concerns that inflation is becoming entrenched as the economy keeps powering ahead.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will Get StuckChinese Cement Maker Halted After 99% Crash in 15 MinutesApple’s India iPhone Output Hits $14 Billion in China ShiftBond Trader Places

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Fed Favors Reducing Monthly Asset Runoff Pace by Roughly Half

(Bloomberg) -- Federal Reserve policymakers “generally favored” slowing the pace at which they’re shrinking the central bank’s asset portfolio by roughly half, minutes from their latest gathering showed.Most Read from BloombergUS Slams Strikes on Russia Oil Refineries as Risk to Oil MarketsUS Inflation Refuses to Bend, Fanning Fears It Will StickChinese Cement Maker Halted After 99% Crash in 15 MinutesUS Sees Missile Strike on Israel By Iran, Proxies as ImminentS&P 500 Hit by Fed-Pivot Rethink a

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US inflation persists

A key U.S. price gauge topped forecasts for a third straight month on gains in rents and transportation costs, spurring concerns that inflation is becoming entrenched as the economy keeps

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Fed Favors Reducing Monthly Asset Runoff Pace by Roughly Half

Fed Favors Reducing Monthly Asset Runoff Pace by Roughly Half
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US Job Openings Holding Steady Shows Labor Market Resilience

US Job Openings Holding Steady Shows Labor Market Resilience
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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Fed's Preferred Inflation Metric Cools While Spending Rebounds

Fed's Preferred Inflation Metric Cools While Spending Rebounds
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US Consumer Confidence Holds Steady While Outlook Deteriorates

US Consumer Confidence Holds Steady While Outlook Deteriorates
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US Core Inflation Tops Forecasts Again, Reinforcing Fed Caution

(Bloomberg) -- Underlying US inflation topped forecasts for a second month in February as prices jumped for used cars, air travel and clothes, reinforcing the Federal Reserve’s cautious approach to cutting interest rates.Most Read from BloombergOne of the Most Infamous Trades on Wall Street Is Roaring BackStock Traders Bracing for Worst Shrug Off Hot CPI: Markets WrapChina Has Never Canceled This Many Shipments of US WheatNY Says Trump Should Post Full Bond During Fraud Case AppealUS Core Inflat

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