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USD/CHF holds onto gains near 0.8070 as the US Dollar gains after hot US PPI data for July.
Bitcoin holds near $118,700 on Friday after hitting an all-time high of $124,474 before Thursday’s pullback.
FILE PHOTO: A man walks past a screen displaying Japan's Nikkei share average and exchange rate between Japanese yen and U.S.
Gold prices were headed for a weekly fall on Friday, as hotter-than-expected U.S. inflation data dented hopes for a ...
The producer price index (PPI) for final demand rose 0.9% month-over-month after a flat reading in June. Core PPI, which ...
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Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy The Big Story Inflation spike backs Fed into corner on key ...
We learned Tuesday that consumer prices are relatively stable across many goods and services, despite higher tariffs. On ...
Bloomberg News Now is a comprehensive audio report of today's top stories. Hear the latest news, updated throughout the day, covering global business stories in just a few minutes.
7hon MSNOpinion
Hot PPI Data Doesn’t Derail Rate Cut Hopes
Producer prices come in well above estimates… Wall Street still expects a rate cut in September… is a melt-up/bubble burst in ...
Talk of a 50-basis point cut next month, partly fueled by Treasury Secretary Scott Bessent on Wednesday, has evaporated. The ...
7hon MSN
Investors were blindsided by July’s hot PPI inflation reading. Why stocks mostly shrugged it off.
Earlier this week, falling bond yields and growing expectations for aggressive Federal Reserve interest-rate cuts in the ...
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