In recent weeks, Druckenmiller has expressed concerns about whether or not the Fed has truly won its battle with inflation.
US stocks were little-changed on Wednesday, as traders digested fresh data pointing to a small and widely expected rise in inflation last month.
The consumer-price index for October is due this morning. Follow along for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite.
Riley Wealth Management chief market strategist Art Hogan told AFP. "So that coming in line was very much a positive," he added. Despite inflation matching expectations, there are lingering concerns ...
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Family-run furniture and barware maker Barrel-Art has now been through three US presidential elections. While business before the 2024 race felt similar to 2016 and 2020, this year has also brought ...
Trump gained a larger share of Black and Latino voters than he did in 2020, when he lost to Democrat Joe Biden, and most notably among men under age 45, according to AP VoteCast, a nationwide survey ...
Inflation is still a thing. Prices were 2.6% higher in October than a year earlier, according to the latest Consumer Price Index, released Wednesday. That's a much lower inflation rate than ...
The Labor Department on Wednesday reported that consumer prices in October rose 2.6% from a year earlier. That marks a pickup ...
Inflation rose modestly in the lead-up to last week’s presidential election, a sign that underlying economic forces keeping prices elevated will continue as Donald Trump returns to the White ...