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A preferred U.S. inflation gauge remained elevated in new data released Friday, further evidence that the Federal Reserve is contending with a stubborn problem as it tries to choke off the worst inflation in four decades.
Analysts react as cryptocurrency and gold markets surge after US Federal Reserve interest rate hike and second quarter of negative GDP growth.
The Federal Reserve boss said there is “certainly a possibility” that higher interest rates will lead to a recession – though that’s not his expectation.
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero
Joel Embiid comes back from a facial injury and scores 18 points to spark Phialdelphia past Miami, 99-79, and cut the series deficit to 2-1