The SPDR Select Sector Utilities exchange-traded fund, which tracks the utilities industry group of the S&P 500 and has been under pressure for weeks due to concerns about inflation risk, rose 2%.
The U.S. central bank hit the pause button on its interest rate cuts on Wednesday, Jan. 29, amid concerns inflation is rising ...
Spending on personal consumption rose at a 4.2% annualized pace between October and December, the fastest quarterly growth ...
The Governing Council today decided to lower the three key ECB interest rates by 25 basis points. In particular, the decision to lower the deposit facility rate – the rate through which we steer the ...
While the fourth-quarter growth pace would mark a slowdown of the brisk pace notched in the July-September quarter, the ...
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and ...
U.S. consumers are facing record-high egg prices due to a bird flu outbreak that has killed over 20 million egg-laying ...
At her first White House briefing, Press Secretary Karoline Leavitt made an unusual claim about inflation that has stung ...
Nearly nine in 10 homeowners (88%) in the survey said the true cost of owning a home is more expensive than they’d expected.
During his inauguration speech, President Trump promised to use his federal powers to "defeat what was record inflation and ...
The Fed will likely pause its rate cuts this week. After that, uncertainty over Trump's tariff, immigration plans make ...
Russia may face a surge in corporate bankruptcies as risky debt levels grow, a government advisory think tank reports. High inflation and slowing growth have exacerbated economic pressures, leading to ...