Stocks open sharply higher as Wall Street gets relief from softer-than-expected core CPI inflation data
U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.
"I think for a lot of people, predicting the negative has been painful," Lazard's Ron Temple said.
While "U.S. exceptionalism" has undoubtedly helped drive Wall Street's record-busting returns in recent years, it should not ...
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Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...
The biggest banks in the U.S. are expected to report this week that they drove far higher profits in the fourth quarter than ...
The Treasury secretary nominee cultivated allies in Trump’s orbit who have come to see him as a brainy avatar of their vision ...
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