Tag: Inflation
Stocks open higher; Citi, Wells Fargo lead gains for banks
Stocks are opening broadly higher on Wall Street Wednesday as several big companies reported results that were better than analysts were expecting. The S&P...
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Technology stocks drive early gains as latest earnings flow
Big technology companies pushed U.S. stocks higher in early trading as investors reviewed the latest earnings reports and updates on rising inflation.
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Stocks give up an early gain and turn mixed on Wall Street
Stocks gave up an early gain and turned mixed on Wall Street as banks and energy companies fell while other sectors rose.
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Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Powell says inflation, though elevated, will likely moderate
WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in...
Stocks wobble as investors digest earnings, inflation risks
Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve's chair's comments on inflation.
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Stocks wobble as investors digest earnings, inflation risks
Stocks wobbled in afternoon trading as investors weighed the latest corporate earning reports and the Federal Reserve chair's comments on inflation.
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UK inflation rises to highest level in nearly 3 years
LONDON — Official figures show inflation in the U.K. rising to its highest level in nearly three years because of increases in the prices...
Powell says inflation will be ‘elevated’ in coming months
WASHINGTON — Federal Reserve Chair Jerome Powell says that inflation “will likely remain elevated in coming months" before “moderating,” an apparent acknowledgement that price...