U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.
Read More US monthly inflation slows; consumer spending surgesTag: Dollar
US retail sales miss expectations; producer prices accelerate
Consumer spending appeared to be slowing in the first quarter amid rising inflation and high borrowing costs.
Read More US retail sales miss expectations; producer prices accelerateGoldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlook
Goldman Sachs raised its year-end target for the benchmark S&P 500 citing an improved earnings outlook for the index companies.
Read More Goldman Sachs lifts 2024 S&P 500 target to 5,200 on upbeat profit outlookFed says more ‘confidence’ needed on inflation front before rate cuts can start
The Federal Reserve left interest rates unchanged on Wednesday but took a major step towards lowering them in coming months.
Read More Fed says more ‘confidence’ needed on inflation front before rate cuts can startUS economy shrugs off recession prediction with strong fourth-quarter performance
The U.S. economy grew faster than expected in the fourth quarter and shrugged off dire predictions of a recession.
Read More US economy shrugs off recession prediction with strong fourth-quarter performanceUS job growth accelerates in December; wage gains solid
U.S. employers hired more workers than expected in December while raising wages at a solid clip.
Read More US job growth accelerates in December; wage gains solid