Tech Stocks Lead Market Higher After Inflation Falls
Waning interest-rate fears drove dollar and bond yields lower.
Fed's Waller, unimpressed by inflation data, calls for two more rate hikes this year
Fed. Gov. Christopher Waller on Thursday backed two more rate hikes despite the good inflation data this week.
Fed's Daly says it is 'too early to declare victory on inflation'
San Francisco Fed President Mary Daly said Thursday that it is too soon to declare victory on inflation despite the good new in the June readings.
St. Louis Fed President James Bullard Steps Down
The longest serving current Fed president will become dean of the business school at Purdue University.
Australia Appoints Michele Bullock as Next RBA Governor
Australian Treasurer Jim Chalmers on Friday appointed Michele Bullock as the next governor of the Reserve Bank of Australia for a seven-year term.
U.S. stocks just reached another market milestone. Here's how the S&P 500 could climb even higher.
The S&P 500 reached 4,500 on Thursday for the first time in more than 15 months. It's the latest milestone that has Wall Street's equity bulls taking a victory lap.
U.S. wholesale inflation slows to a crawl, PPI shows
Wholesale prices rose a meek 0.1% in May, extending a string of weak readings that suggest inflation in the U.S. is likely to continue to decelerate.
As Inflation Goes Down, Soft Landing Odds Improve
The latest data suggest a lot of past inflation was transitory.
Ripple Ruling Deals a Blow to SEC's Effort to Regulate Crypto
The judge's decision is a boost for other crypto firms that claim regulators have too aggressively policed the market.
U.S. budget deficit widens to $227.8 billion in June
The U.S. federal budget deficit widened sharply to $227.7 billion in June, up from $88.8 billion in the same month last year.
(END) Dow Jones Newswires
07-13-23 2115ET
