Bitcoin Price Surges Above ,000 As Inflation Eases Bitcoin's value soars past ,000 driven by market optimism, inflation data, and Federal Reserve expectations. Predictions of 0,000 price by year-end. Top News · May 15, 2024
Stock Indexes Post Record Highs as Economic Reports Bolster Rate Cut Hopes The S&P 500 Index ($SPX ) (SPY ) Wednesday closed up +1.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed up +0.88%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +1.49%. US stock indexes Wednesday rallied, with the S&P 500, Dow Jones Industrials, and the... Barchart · May 15, 2024
Stocks Rally As Dow Nears 40,000 Milestone Stocks rally as Dow nears 40,000 milestone on easing inflation concerns. Market awaits potential interest rate cuts for economic stimulus. Top News · May 15, 2024
Don't Give Biden a Pass on Inflation. Don't Give Trump a Pass on COVID. Will the real president of the United States during the years 2020 through 2022 please stand up? Reason · May 15, 2024
Stock Market Today: Stocks Close at Record Highs After April CPI Bulls stormed Wall Street today after a key inflation report showed consumer price growth cooled in April. Kiplinger · May 15, 2024
Dollar Falls and Gold Rallies on Dovish US Economic Reports The dollar index (DXY00 ) on Wednesday fell by -0.64% and posted a 5-week low. Wednesday’s US economic reports were dovish for the Fed and weighed on the dollar. Also, Wednesday’s rally in the S&P 500 to a record high curbed liquidity demand for the dollar. US Apr CPI eased... Barchart · May 15, 2024
S&P 500, Nasdaq Hit Record Highs Amid Rate-Cut Speculation Stock market hits record highs on positive inflation data, fueling expectations of interest rate cuts by the Federal Reserve. Top News · May 15, 2024
Nigeria's Inflation Reaches 28-Year High In April Nigeria's inflation rate hits a 28-year high, driven by food prices and currency depreciation, posing economic challenges. Top News · May 15, 2024
Egg and milk prices fall, fueling hope for interest rate cuts Inflation eased last month, according to a report Wednesday from the Labor Department, which means people feeling stretched by high prices and high borrowing costs could feel a little relief soon. WEKU · May 15, 2024
April CPI Report Offers Some Relief: What the Experts Are Saying About Inflation CPI moderated last month, boosting hopes for interest rate cuts coming sooner rather than later. Kiplinger · May 15, 2024
UK firms accused of profiteering as study finds margins rose 30% post-pandemic Unite union study of 17,000 firms shows sectors from energy to banking, and vets to car dealerships, profited from inflation crisis The Guardian - UK · May 15, 2024
S&P 500 and Nasdaq 100 Rally to Record Highs on Fed-Friendly Economic Reports The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.70%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.79%. US stock indexes this morning are mildly higher, with the S&P 500 and... Barchart · May 15, 2024
Australians have lost 14 years of progress on living standards. A wages breakout? Please. If only It is impossible for wages to drive inflation when they are actually rising slower than inflation The Guardian - AU · May 15, 2024
Dutton readies budget reply as Chalmers links migration cut to inflation fight Treasurer says migration ‘important’ but needs to be ‘well managed’ The Guardian - AU · May 15, 2024
Barchart · May 15, 2024 Stocks Climb and Bond Yields Fall as US CPI Moderates The S&P 500 Index ($SPX ) (SPY ) this morning is up +0.37%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.40%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.26%. US stock indexes this morning are mildly higher, with the S&P 500 posting...
International Business Times · May 15, 2024 US Consumer Inflation Eases Slightly In April, In Good News For Biden US consumer inflation eased slightly last month, according to US government data published Wednesday, a positive sign for President Joe Biden ahead of November's election.
Barchart · May 15, 2024 S&P Futures Higher After April CPI is Released June S&P 500 E-Mini futures (ESM24) are trending up +0.45% this morning after April's CPI report was released.
Top News · May 15, 2024 Inflation Report Shows Encouraging Signs, Closer To Target Recent CPI data shows promising trends, meeting expectations and hinting at future stability in the economy.
Axios · May 15, 2024 Inflation cooled in April as price gains slowed, CPI report says The report could ease concerns that progress on moderating consumer prices had stalled out.
Latin Times · May 15, 2024 Argentina Cuts Benchmark Interest Rate After Inflation Crests Near 300% In the statement, the central bank mentioned that it had cut the overnight interest rate from 50% to 40%, noting that this is the fifth time such a big change has been made under the administration.
Barchart · May 15, 2024 S&P Futures Tread Water Ahead of U.S. Inflation Data June S&P 500 E-Mini futures (ESM24) are trending up +0.02% this morning as market participants awaited the all-important U.S. consumer inflation report that will likely shape the outlook for Federal Reserve policy.
International Business Times · May 15, 2024 EU Cuts Inflation Forecast For 2024 Despite Uncertainty The European Commission expects inflation to fall to 2.5 percent in 2024, down from a previous forecast of 2.7 percent -- news that will be welcomed by the European Central Bank (ECB).
The Guardian - AU · May 15, 2024 Is the 2024 budget inflationary? Warwick McKibbin and other economists say ‘yes’ Former RBA board member among experts who say Albanese government’s third budget is likely to at least delay next interest rate cut
The Guardian - UK · May 15, 2024 Wall Street at record high after US inflation falls to 3.4%; takeover offer for Royal Mail raised – as it happened Latest US inflation report shows prices rose at slower rate in April, while Daniel Křetínský has raised offer for Royal Mail’s parent company to £3.5bn
Top News · May 15, 2024 Presidential Candidates Make False Claims About Inflation Accurate information on inflation provided amidst political campaigns and trial of Donald Trump, emphasizing the importance of fact-checking in political d...