The country's largest banks reported earnings that exceeded Wall Street's estimates. Core inflation is calmer than expected.

The risk is that a hotter-than-expected June inflation report — one that Fed Chair Jerome Powell recently called among the ...

Forecast 2.6%, Previous 2.4%. Measures changes in consumer prices, a key inflation indicator. • 8:30 AM ET - CPI (MoM) (Jun): Forecast 0.3%, Previous 0.1%. Shows month-over-month changes in consumer ...

Stock market could suffer ‘ugly’ day if April CPI comes in above this level Core reading in focus as investors weigh Fed’s next interest-rate move Published: May 14, 2024 at 1:22 p.m. ET ...

The ICE U.S. Dollar Index, a measure of the currency against a basket of six major rivals, was off 0.2%. The yield on the 10-year Treasury note, which moves opposite to price, pulled back more ...

Fellow Magnificent 7 stock Meta Platforms also had a strong day on the price charts, adding 3.7%. Mizuho Securities analyst James Lee lifted his price target on META to $470 from $400. That's the ...

Lyft earnings typo sends stock soaring. A round of well-received earnings reports were also in focus today, most notably from Lyft ().Late Tuesday, the ride-sharing firm disclosed its fourth ...

The Bureau of Labor Statistics is set to publish the January CPI print at 8.30 a.m. Eastern Time. Economists surveyed by FactSet are expecting inflation to be up 2.9% from a year ago.

Stock market today: ... Wall Street expects the Consumer Price Index (CPI) to come in at 2.9%, ... should further hammer the May cut expectations and shift focus to June." ...

Economists surveyed by the Wall Street Journal, on average, look for April CPI to show a 0.4% monthly rise, which would see the year-over-year rate slow to 3.4%, from 3.5% in March.