The Bureau of Labor Statistics said Wednesday that the producer price index rose 0.7% month-over-month in February, higher than expected.
Our daily email brings you smart and engaging news and analysis on the biggest stories in business and finance. For free.
The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.
As much as Americans feel unprepared for retirement, they also feel unprepared for the here and now.
Fluctuations in the precious metal’s price after an all-time high above $5,000 reinforce longstanding questions about its suitability for clients.
A post from Citrini Research has drawn widespread attention for its imagining of a 2028 in which AI leads to unceasing white collar layoffs.
The majority of Walmart’s gains came “from households making more than $100,000,” continuing a trend of wealthy shoppers turning to bargains.
Shares of legal data service provider Thomson Reuters fell roughly 16% on Tuesday, while shares of LexisNexis parent company RELX fell 14%.
Yields on ultra-long 40-year Japanese Government Bonds (JGB) rose 0.26 percentage points Tuesday, reaching 4.2%, an all-time high.
European investors are the single-largest foreign holders of US treasuries and equities by far, holding $8 trillion in assets.
In recent days the spread between the 10-year and two-year yields has been hovering near the highest levels since April.
Some 42% of advisors now expect a less healthy economy in 2026, the highest reading all year, according to a recent survey.
The S&P 500 has posted an average gain of 1.3% during this seven-day December-to-January period since 1950
Reducing exposure to top tech stocks such as Alphabet, Nvidia and Tesla and keeping an eye on valuations are among advisors’ top priorities.
Bank of America analysts forecast S&P 500 earnings will grow 14% next year, and sees the index reaching 7,100.
It’s easy to recognize the folly of trying to predict the market, but there are still useful predictions to offer.