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Tag: inflation

A Wall St. street sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., September 17, 2019. REUTERS/Brendan McDermid/File Photo

S&P 500 notches record high as Nvidia rally continues

The benchmark S&P 500 touched a record high on Thursday, boosted by strong gains in Nvidia.

Read More S&P 500 notches record high as Nvidia rally continues
A sale sign greets shoppers at a retail store in Carlsbad, California, U.S., May 25, 2023. REUTERS/Mike Blake

US retail sales rise less than expected in May

U.S. retail sales barely rose in May, suggesting that economic activity remained lackluster in the second quarter.

Read More US retail sales rise less than expected in May
CHICAGO, ILLINOIS - JUNE 12: Traders work in the S&P options pit at the Cboe Global Markets exchange following the Fed's announcement on interest rates on June 12, 2024 in Chicago, Illinois. The Federal Reserve today held interest rates steady at their current range of 5.25% to 5.5%, but revised its outlook for rate cuts to just one in 2024. (Photo by Scott Olson/Getty Images)

Chief Market Strategist On State Of The Economy

The Federal Reserve decides to hold interest rates steady following the latest inflation report.

Read More Chief Market Strategist On State Of The Economy
MILL VALLEY, CALIFORNIA - JUNE 11: A customer shops at a Safeway store on June 11, 2024 in Mill Valley, California. May inflation numbers are set to be reported on Wednesday ahead of the Fed rates announcement. (Photo by Justin Sullivan/Getty Images)

Inflation Slows In May, Fed Holds Interest Rates Steady

Inflation Slowed in May According to the Consumer Price Index Out Today.

Read More Inflation Slows In May, Fed Holds Interest Rates Steady
A shopping cart at a supermarket in Manhattan. REUTERS/Andrew Kelly

US consumer prices unchanged in May; rate-cut expectations rise

U.S. consumer prices were unexpectedly unchanged in May, but inflation likely remains too high for the Federal Reserve to start cutting interest rates before September.

Read More US consumer prices unchanged in May; rate-cut expectations rise
Apple CEO Tim Cook attends the annual developer conference event at the company's headquarters in Cupertino, California, U.S., June 10, 2024. REUTERS/Carlos Barria/File Photo

AI-powered Apple overtakes Microsoft as world’s most valuable company

Apple shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion.

Read More AI-powered Apple overtakes Microsoft as world’s most valuable company

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