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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While the long-term outlook for AI remains encouraging and this technology has real-world applications in most industries ...
Wall Street execs predict 200,000 layoffs, due to artificial intelligence (AI). As technology impacts finance, and other ...
Saudi Aramco to boost lithium investments to build its own supply chain - report. Musk sued by SEC over delayed disclosures ...
The Treasury secretary nominee cultivated allies in Trump’s orbit who have come to see him as a brainy avatar of their vision ...
Rising stock prices tend to bode well for BlackRock, the world’s largest money manager, as inflows boost the hundreds of ...
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