The Consumer Price Index (CPI) in October reflected a 7.7% increase over last year and 0.4% increase over the prior month. Economists had expected prices to
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U.S. stocks fell as Wall Street reeled from assertions by Federal Reserve Chair Jerome Powell that hopes for a policy pivot were “premature” after the central
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The U.S. economy rebounded strongly in the third quarter amid a shrinking trade deficit, but the data overstated the nation's economic health as domestic demand
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Mortgage rates have surged to their highest level since October 2008. Meanwhile, the FHFA House Price Index and S&P CoreLogic Case-Shiller Home Price Indices
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Goldman Sachs slashed its year-end target for the S&P 500 Index to 3,600 from 4,300, arguing that a dramatic shift in the outlook for interest rates moving
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Mortgage rates jumped more than a quarter point this week and remain at the highest level in 14 years, offering no relief to sidelined homebuyers. The average
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Wall Street analysts didn’t mince words in discussing FedEx Corp.’s forecast for the current quarter - which missed by a landslide - and its withdrawal of full
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The surge in prices of lithium, the key battery material used to power electric cars, is seemingly unstoppable. Lithium carbonate hit a fresh record of 500,500
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The premium of the two-year Treasury yield over the comparable 30-year benchmark increased to a level unseen this century after short-end rates extended their
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Since mid-July, the S&P 500 has surged over +15%. Is the worst of the 2022 stock market decline now behind us? Entering 2022 Q2 earnings season on June 30, the
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The most apparent reason why inflation may soon find its peak is that companies have significantly overstocked their shelves. Early in the pandemic, purchasing
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Global oil prices plunged the most in several weeks as investors pared bets on crude and commodities demand amid increasing signs of recession in the world's
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