The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% on an annual basis.
Solid results from Apple are buoying spirits, as investors brace for PCE inflation and weigh Trump's renewed tariff threat.
Stocks surrendered early gains and closed lower after the White House said President Donald Trump would impose promised ...
Fast-changing news on tariffs flummoxed traders across asset classes Friday, shattering the calm spurred earlier by receding anxieties around the tech sector. A White House assertion that President ...