Investors breathe a sign of relief after PCE inflation report. Why 'mild' inflation could help the stock market.
December’s PCE report on Friday suggests that inflation finished 2024 above the Federal Reserve's 2% target, but it didn't spiral out of control, which is "the ideal outcome" from a stock investor’s ...
Nasdaq, S&P, Dow rise after Apple and Intel earnings all while inflation gauge comes in-line
The major market averages on Wall Street are higher on Fridays, with the Nasdaq leading the pack, as Apple and Intel's ...
Inflation report isn't great for maturing commercial-real-estate debt
Friday's inflation report likely won't provide much comfort to borrowers with maturing commercial-real-estate loans. The Federal Reserve this week held rates steady at about 1% below peak levels, whil ...
Wall St set to open higher on gains in Apple, in-line inflation reading
Wall Street's main indexes were set to open higher on Friday on gains in Apple following its strong sales forecast, with an ...
Why tariffs on Mexico, Canada may not go into effect: Macquarie
With President Trump's threat of tariffs on Mexico and Canada looming for Saturday, there's one possible reason why they may not happen at all. Such tariffs are likely to be found by a court to fall o ...
Apple’s Long-term Growth Prospects: Innovation, AI Advancements, and Resilience Amid Challenges
Monness analyst Brian White has maintained their bullish stance on AAPL stock, giving a Buy rating today.Invest with Confidence: Follow ...
The good and not so good in consumer spending
Consumer spending is the locomotive of the U.S. economy and finished out 2024 on a hot streak. The increase in purchases in the fourth quarter was the strongest in almost two years. Lots of the ...
Latest PCE inflation report would justify first-half Fed rate cut: CMC
One of the most consequential takeaways from the latest PCE report showed that core inflation, which excludes volatile food and energy prices, was stable in December. An earlier reading from the CPI ...