Major U.S. indexes surged at midday Wednesday after several big banks reported strong quarterly results and a key measure of inflation came in softer than anticipated.

Most of the meaningful progress in inflation appears to be "behind us at this stage" and price gains "may remain sticky at levels higher than the Federal Reserve would ideally like," said Rick Rieder, ...

Federal Reserve Bank of New York President John Williams voiced confidence that inflation would continue to recede after a ...

But hobbled by inflation, illegal immigration and his own advancing age, Mr. Biden leaves office as an unpopular one-term ...

Donald Trump’s policies are not likely to cause inflation to reignite as many analysts fear, one of the president-elect’s ...

Advisors predicted that more banks will do deals and those transactions will be larger in 2025 amid expectations for lighter ...

Australian shares are set to open up more than 1 per cent. All three US benchmarks leapt higher, bond yields dropped on hopes ...

U.S. consumer prices increased by the most in nine months in December amid higher costs for energy goods, pointing to ...

Rising energy prices accounted for more than 40% of the total increase in the CPI, according to the BLS, and gasoline prices ...

This will be the fourth year in a row that growth in school property taxes on Long Island and statewide will be capped at the ...

Stocks soared Wednesday as investors digested strong earnings reports from several large financial services companies and highly anticipated inflation numbers that came in softer than expected.

US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.