Diccon Hyatt is an experienced financial and economics reporter who has covered the pandemic-era economy in hundreds of stories over the past two years. He's written hundreds of stories breaking down ...

Underlying US inflation rose as expected in August, keeping the Federal Reserve on track to cut interest rates next week. The core consumer price index, excluding the often volatile food and energy ...

NEW YORK (AP) — Wall Street rolled to more records after mixed data on the economy cemented expectations for coming cuts to interest rates. The S&P 500 rose 0.8% Thursday and set an all-time high for ...

Inflation accelerated in August, according to data released Thursday by the Labor Department, complicating the Federal Reserve’s efforts to balance interest rates amid intense political and economic ...

Before that hits though, the European Central Bank announces its own interest-rate decision. It's expected to keep rates steady, a surprise move may ruffle a few feathers. Economists are forecasting a ...

1430 ET – The dollar weakens amid bets on interest rate cuts by the Fed. The ECB kept its rates steady and the BoE is likely to do the same next week, according to BNP Paribas, while the Fed looks ...

NEW YORK (AP) — Wall Street’s record-setting run kept rolling on Thursday, and stocks climbed after a mixed set of U.S. data kept the path clear for the Federal Reserve to cut interest rates in order ...

A day before the release of the latest consumer price index report, Keith Buchanan, senior portfolio manager and partner at GLOBALT Investments, said U.S. inflation data must continue moderate in ...

Gold hits record high at $3,673.95/oz Traders see a 92% chance of a 25-bp rate cut in Sept, shows CMEFedWatch US PPI data due on Wednesday Sept 9 (Reuters) - Gold continued its record rally on Tuesday ...

Pressure is growing on the Federal Reserve and Fed Chair Jerome Powell to cut its benchmark interest rate next week, following a stunning new revision to employment data showing the labor market is ...