Inflation picked up pace in April as the knock-on effects from the Iran war continued to pushed prices higher. Headline PCE, ...

The latest PCE data will do little to change the growing narrative that the Fed won't be cutting interest rates anytime soon.

Personal income went unchanged in April while consumer purchasing power took a hit. Consumer spending increased 0.5% in the ...

With income growth slowing and inflation pressures mounting, consumers tapped into their savings to keep spending afloat in ...

Even after stripping out volatile food and energy categories, the inflation picture didn't look much better in April. Core ...

Nebius stock was rising on the disclosure of a significant investment in the neocloud by a prominent artificial-intelligence ...

Nvidia stock gains have been well behind the wider chip sector as investors watch the shifts in artificial-intelligence ...

BP stock was down again Thursday after ousted chairman Albert Manifold kept the fallout around his departure alive by issuing ...

Cuba might open up to private markets if the U.S. forces a regime change, but the transition will be turbulent.

Li Auto reports a first-quarter per share loss of 15 cents while Wall Street was looking for a loss of 13 cents. XPeng ...

Mixed U.S. data weaken the dollar, alongside Treasury yields, as U.S.-Iran peace hopes fade. The U.S. 1Q GDP estimate is lowered to 1.6% from 2%. April durable goods orders' strong 7.9% growth is driv ...

Oil prices rose early Thursday after the U.S. launched fresh strikes against Iran while both sides continue to work toward a peace agreement.