Financial Services
Stocks end higher on Wall Street but still fall for the week
Stocks ended higher on Wall Street but still wound up with weekly losses after several days of bumpy trading
Stocks fall as Fed signals rates need to go still higher
Stocks fell broadly on Wall Street and Treasury yields rose after more indications from the Federal Reserve that it may need to raise interest rates much higher than many people expect to get inflation under control
Key Fed official says he's open to slowing hikes in December
Christopher Waller, a key Federal Reserve official, added his voice to a rising number of Fed officials who have suggested that the central bank will likely slow the pace of its interest rate hikes beginning in December
Buffett's firm cuts stakes in U.S. Bank and EV maker BYD
Warren Buffett's company revealed that it had cut its holdings in U.S. Bank's parent company and in Chinese electric car maker BYD ahead of offering a full update on its stock portfolio Monday
Fed Vice Chair Brainard is 'reassured' by inflation report
Federal Reserve Vice Chair Lael Brainard said she was encouraged by last week’s U.S. inflation report, which pointed to slower price increases, and said the Fed would likely soon reduce the size of its interest rate hikes
Wall Street adds to its big winning week; crypto falls again
Wall Street is tacking a bit more onto its stupendous surge from a day before
US futures point higher, adding to Thursday's huge gains
Wall Street pointed higher in premarket trading, adding to the hefty gains from a day earlier when government data showed that U.S. inflation eased more expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes
Asian stocks surge after lower US inflation eases rate fears
Asian stock markets have surged after U.S. inflation eased by more than expected, spurring hopes the Federal Reserve might scale down plans for more interest rate hikes
US stock futures jump after report shows inflation cooling
Wall Street looks set to jump Thursday after a government report showed inflation eased by even more than economists expected last month
US consumer inflation eased to 7.7% over past 12 months
Price increases moderated in the United States last month in the latest sign that the inflation pressures that have gripped the nation might be easing as the economy slows and consumers grow more cautious