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CPI inflation report resets interest rate cut bets
Subscribe to TheStreet's free daily newsletter💰💵 Overall, U.S. inflation rates rose less in May than expected despite the uncertainty of the impact of tariffs and trade wars. The focus now shifts
Stocks Can Break Record Highs if These Things Go Right. That’s a Big If.
An extension of the 2017 tax cuts, trade deals, and rate cuts would all send stocks to record highs, says Bellwether Wealth. It’s a big ask, however.
U.S. debt-limit deadlock is making this favorite asset more scarce
That matters because investors poured more than $7 trillion into U.S. money-market funds. The industry ranks as the second-largest group of investors in the $6 trillion T-bill sec
Inflation Rose Less Than Expected In May
Key Takeaways Inflation rose less than expected in May, with prices increasing 2.4% over the year in May compared to a 2.3% increase in April."Core" inflation, which excludes food and energy prices,
Here’s how the 55% U.S. tariffs on China are broken down
U.S. stocks were poised to open higher on Wednesday as Trump touted the framework reached with China and investors were digesting a cooler-than-forecast inflation report. Trump sa
Mild CPI inflation reading not likely to shake the Fed's wait-and-see stance on tariffs
A cooler-than-expected inflation reading from May is not likely to shake the view of most Federal Reserve policymakers that rates should stay on hold until there is more clarity about the impact from
Stablecoin supply is growing fast. Here’s how it compares to cash.
Stablecoins, a fast-growing type of cryptocurrency, are in focus thanks to both new legislation that is making progress in the U.S. Senate and Circle’s well-received debut as a public company last
'Tiny' but 'at least relations may not worsen': The market reactions to latest US-China framework
The US and China ended two days of talks in London with the announcement of a new effort to try and move past recent flareups and get back to negotiations that had been planned after a gathering last
Dow up 231 points on gains for shares of Goldman Sachs, 3M
The Dow Jones Industrial Average is climbing Wednesday afternoon with shares of Goldman Sachs and 3M leading the way for the price-weighted average. Shares of Goldman Sachs and 3M have contributed
AMC makes major theater change that will frustrate customers
In its first-quarter earnings report for 2025, AMC revealed that its total revenues fell by about 9% year-over-year, while movie theater attendance in the U.S. dropped by 11%. Don
Inflation likely ticked higher last month, though Americans may be spending less to travel
U.S. inflation likely picked up a bit last month as President Donald Trump's tariffs start to bite, but lower prices for gas and possibly for air fares and used cars may limit the overall increase.
As progress emerges on U.S.-China trade, here’s what tariff levels retailers can handle — and what they can’t
As President Donald Trump on Wednesday announced progress on trade negotiations with China, Wall Street continues to ask questions on how much tariffs the nation’s retail chains can handle.
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