Gold prices extended to another record high on Monday, with expected U.S. interest rate cuts.
Read More Gold Prices Surge To Another Record High After New U.S. Data Spurs Fed Cut ExpectationsTag: Federal Reserve
US monthly inflation slows; consumer spending surges
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 surgesReport: Favored Inflation Gauge Increased 2.5% In February Preferred By Fed
According to federal data, inflation increased in February, as measured by the gauge favored by the Federal Reserve, rising one-tenth of a percentage point from the previous reading.
Read More Report: Favored Inflation Gauge Increased 2.5% In February Preferred By FedUS fourth-quarter growth revised higher; labor market still strong
The U.S. was boosted by strong consumer spending and business investment in nonresidential structures.
Read More US fourth-quarter growth revised higher; labor market still strongDow leads Wall St higher in lean trading week
Wall Street’s main stock indexes ticked higher, with the blue-chip Dow leading gains in thin trading ahead of crucial economic data.
Read More Dow leads Wall St higher in lean trading weekUS durable goods orders rebound; business spending outlook improves
Orders for long-lasting U.S. manufactured goods increased more than expected in February.
Read More US durable goods orders rebound; business spending outlook improves