financial markets – Page 4 – One America News Network

Inflation rises moderately in April, consumer spending slows

It is a worrying sign for the Fed, suggesting that the elevated pace of price increases could last longer than expected.

A Labor Department report showed the PPI for final demand rose 0.2% in March, against forecasts of a 0.3% increase.

U.S. consumer prices increased more than expected in March as Americans paid more for gasoline and rental housing.

U.S. prices increased less than expected, with the cost of services outside housing and energy slowing significantly.

Social media platform Reddit geared up for its high-profile market debut on the New York Stock Exchange.

The stock market’s interest in AI is on the rise, fueled by Nvidia’s stunning rally and potential impact on various sectors.