Markets

This week’s inflation numbers aren’t doing the Fed any favors in reaching its 2% target, which could impact how much they cut interest rates in 2025. Here’s what’s going on: On Wednesday, we saw the “core” Consumer Price Index (CPI)—which skips food and gas prices since they tend to bounce around—staying steady with a 3.3% […]

The Dow Jones Industrial Average and the S&P 500 achieved fresh closing milestones for 2023 on Friday, capping off a fifth consecutive week of gains for the primary U.S. indices. The Dow concluded with an increase of approximately 295 points, marking a 0.8% rise. Meanwhile, the S&P 500 and the Nasdaq Composite both experienced a […]