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Wholesale prices rose 0.2% in October, less than expected, as inflation eases

Wholesale prices increased less than expected in October, adding to hopes that inflation is on the wane, the Bureau of Labor Statistics reported...
Business

Bitcoin jumps above $23,000 after Federal Reserve interest rate hike

Bitcoin and cryptocurrency prices have been under pressure in 2022 with traders feeling the fallout from a number of major collapses in the...
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10-year Treasury yield spikes amid inflation fears

The 10-year U.S. Treasury yield topped 1.54% on Tuesday morning, its highest point since June, amid concerns around persisting inflation.The yield on the...
Business

Fed’s Eric Rosengren backs tapering in the fall, but no rate hikes until job market improves

Boston Federal Reserve President Eric Rosengren said Monday he would be prepared to start rolling back some of the central bank's easy monetary...
Business

This chart shows we are past peak inflation fear, supporting the stock market rally

Traders at the New York Stock Exchange.Source: NYSEOne of the biggest fears investors have faced this year is the threat that inflation could...
Business

Inflation looks bad now, but it’s pretty much sticking to the script

Customers shop for produce at a supermarket on June 10, 2021 in Chicago, Illinois.Scott Olson | Getty ImagesUnder normal circumstances, the recent spate...

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