Here's a letter from a weary Moneyist reader in the aftermath of the latest inflation data: "I'm confused! Inflation numbers are up and the stock market is also up, supposedly because Wall Street ...

At the interbank foreign exchange, the rupee opened at 87.63, and oscillated between an intraday low of 87.72 and a high of ...

Chicago Fed President Austan Goolsbee called a jump in the prices of some services “the most concerning thing” in Tuesday’s consumer price index report for July. Policymakers should “reserve judgment” ...

The BSE Sensex ended 304.32 points, 0.38%, higher at 80,539.91 levels, while Nifty50 rose 131.95 points, or 0.54%, to settle ...

Economists at Nomura Holdings Inc now forecast the US Federal Reserve (Fed) will begin cutting interest rates in September as ...

Mortgage rates reached a new 2025 low on Wednesday, despite core inflation running at 3.1% year over year, according to the ...

Treasury Secretary Bessent’s bold outlook is fueled by a surprise July inflation report and revised jobs data.

Bitcoin notched a new all-time high of $123,231 on Wednesday after US CPI inflation came in at 2.7% year-on-year for July, ...

Politics aside, most Fed officials agree that rates will fall this year, with the median "dot plot" in the Fed's June Summary ...

Two Fed officials on Wednesday suggested the central bank can be patient in lowering rates. Markets see a rate cut in ...

While some cities in the United States continue to battle rising prices, Hawaiʻi's own Honolulu stands out for keeping ...

The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield to 3.711%.