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BusinessBloombergFed’s Favorite Underlying Inflation Gauge Is Seen Cooling
(Bloomberg) -- The Federal Reserve’s first-line inflation gauge is about to show some modest relief from stubborn price pressures, corroborating central bankers’ prudence about the timing of interest-rate cuts.Most Read from BloombergWhat the Trump Jury Saw as Evidence Against Him in 12 ImagesYellen Says Higher Path for Rates Boosts Need to Lift RevenueBiden to End Tariff Exclusions on Hundreds of Chinese ProductsHungary Wants to ‘Redefine’ Its NATO Membership, Orban SaysSchwarzman Plans to Back
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BusinessYahoo FinanceHomeowners hit pause on remodels as costs get 'just ridiculous'
Two of the nation’s top home improvement retailers reported this month that consumers are spending less on big-ticket projects.
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BusinessBloombergStocks Rise on Hopes Inflation Pressures Will Ease: Markets Wrap
(Bloomberg) -- Stocks rose after data showed American consumers tempered inflation expectations, bolstering sentiment regarding prospects for Federal Reserve rate-cuts this year.Most Read from BloombergWhat the Trump Jury Saw as Evidence Against Him in 12 ImagesYellen Says Higher Path for Rates Boosts Need to Lift RevenueBiden to End Tariff Exclusions on Hundreds of Chinese ProductsHungary Wants to ‘Redefine’ Its NATO Membership, Orban SaysSchwarzman Plans to Back Trump, Scoring a Wall Street Wi