May Inflation Stays Mild, Boosts Rate Cut Hopes
Core PCE rises to 2.7% as spending and income decline
U.S. inflation remained subdued in May, with the personal consumption expenditures (PCE) price index—the Federal...
Fed Proposes Major Rollback of Bank Capital Rules
New eSLR change aims to boost Treasury market but raises stability concerns
U.S. regulators on Wednesday proposed one of the most significant easing measures to...
Stocks Rally as Iran’s Response Calms Oil Market
Dow jumps nearly 375 points while oil tumbles 7%
U.S. stocks climbed Monday as investors welcomed Iran’s restrained response to American airstrikes over the weekend....
Markets Slip Amid Geopolitical Tensions and Fed Uncertainty
S&P 500 logs third straight loss as rate cut timeline and Middle East risks weigh on sentiment
The S&P 500 slipped 0.22% on Friday to...
Accenture Drops 7% Despite Revenue Beat and Raised Outlook
Investors focus on falling bookings and growth concerns
Shares of Accenture (NYSE: ACN) slid 6.8% to close at $285.49 on Thursday after the company reported...
Fed Holds Rates Steady as Markets Watch Iran Tensions
Stocks mixed as investors weigh Fed outlook and geopolitics
U.S. markets ended mixed on Wednesday as the Federal Reserve held interest rates steady and investors...