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- Market
Falling gas prices buoy consumer sentiment, temper inflation expectations
The numbers: A survey of U.S. consumers saw sentiment rise in August, though still mired near an all-time low seen…
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U.S. stocks end mixed as rally tied to cooler inflation data takes breather
U.S. stocks ended mostly lower on Thursday, despite hitting a three-month high early in the session after another batch of…
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U.S. producer prices downshift for first time since 2020 recession
The numbers: The U.S. producer price index fell 0.5% in July, the Labor Department said Thursday. That’s down from a…
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Dow up 200 points as stocks hit 3-month highs on optimistic inflation data
U.S. stocks traded at fresh three-month highs Thursday after another batch of July data suggested inflation may be easing, but…
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Mortgage rates tick back up above 5%, another challenge for first-time home buyers
The 30-year fixed-rate mortgage averaged 5.22% as of August 11, according to data released by Freddie Mac on Thursday —…
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U.S. stocks open at three-month highs after another optimistic inflation report
U.S. stocks opened at fresh three-month highs Thursday after another batch of inflation data appeared to confirm that price pressures…
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These stocks soared up to 12% after inflation cooled
Amid the euphoria following what appeared to be the first sign of slowing inflation, stocks staged a broad rally on…
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Dow advances 500 points after CPI data shows cooling inflation in July
U.S. stock indexes traded sharply higher on Wednesday, after the July consumer price index report showed a slowdown in headline…
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U.S. consumer price inflation surprises to downside in July
The numbers: The U.S. consumer price index was unchanged in July, the Labor Department said Wednesday, compared with the 1.3%…
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U.S. productivity tumbles again in second quarter, labor costs up sharply
The numbers: U.S. nonfarm worker productivity fell at a 4.6% annual clip in the second quarter, the government said Tuesday.…
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Bank of England’s shock rate hike to 1.75% is biggest in 27 years
Britain’s central bank decided Thursday to raise its key interest rate a full half a percentage point from 1.25% to…
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The Federal Reserve’s inflation promises just don’t add up
Peter Morici is an economist and emeritus business professor at the University of Maryland and a national columnist in the…
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Suddenly, stock-market investors are wrestling with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond…
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