Major software stocks like Microsoft, Oracle, and Salesforce have seen significant declines from their recent highs. Analysts are divided on whether the selloff is due to fears that AI will make ...

The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...

Key inflation metrics tracked by the Federal Reserve accelerated at the end of last year, underscoring why many Fed officials have turned cautious about supporting further interest-rate cuts. The ...

The Federal Reserve's preferred inflation gauge remained elevated in December as price pressures continued to pose a challenge for consumers. The Commerce Department on Friday reported that the ...

WASHINGTON (AP) — A key inflation gauge accelerated in December to the fastest pace in nearly a year, showing how prices are still rising more quickly than most Americans would prefer — and faster ...

January's hotter-than-expected wholesale-inflation numbers are suggesting that the Federal Reserve's preferred inflation metric may have accelerated last month, too. The personal-consumption ...

Wall Street searched for direction on Friday, as the PCE report came in hotter than expected. PCE inflation ticked up in December and came in higher than the consensus. The Q4 U.S. GDP (first estimate ...

WASHINGTON, Feb 20 (Reuters) - Underlying U.S. inflation increased more than expected in December, and signs are pointing to a further acceleration in January, which would strengthen expectations that ...

Gold trades above $5,000 on Friday as escalating US-Iran tensions lift safe-haven demand. Market digest US economic data, including core PCE inflation and US GDP. Bulls hold above the 100-SMA on the 4 ...

As a staff writer for Forbes Advisor, SMB, Kristy helps small business owners find the tools they need to keep their businesses running. She uses the experience of managing her own writing and editing ...

Wall Street’s major market averages concluded higher on Friday as investors reacted to the latest PCE inflation report, which came in hotter than expected. From a sector vantage point, nine of the S&P ...

Gross domestic produce rose at an annualized rate of just 1.4%, according to the Commerce Department, well below the Dow Jones estimate for a 2.5% gain. The department estimated that the government ...