Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong fourth-quarter earnings. According to the U.S. Bureau of Labor Statistics, the Consumer Price Index increased 0.

U.S. stocks were surging on Wednesday morning as Treasury yields fell after core inflation data came in below expectations, boosting bets that the Federal Reserve will still be able to cut interest rates this year.

The US financial markets have recovered somewhat after being decimated by the emergence of a new Chinese AI app, and today's inflation data may finally put us on track for an interest rate cut.

Prime Minister Narendra Modi praised Uttarakhand for being the first state to implement the Uniform Civil Code, which strengthens democracy by safeguarding individual rights. At the National Games ...

Zhou, Kenneth Q. (BMath, 2013; MMath, 2015; PhD (Actuarial Science), 2019, University of Waterloo) joined the Department of Statistics and Actuarial Science on January 2nd, 2025, as an Associate Professor. Prior to this appointment, he was an Assistant ...

US President Donald Trump announced plans to build a domestic version of Israel’s Iron Dome missile defence system. This new project will aim to protect the US from various missile threats.

The post-pandemic years have not been kind to American consumers. Prices are up, as well as interest rates on credit cards and loans. That has resulted in many families having a hard time making

As U.S. President Donald Trump returns to the White House, it already seems clear that his second term will look little like his first. Many of Trump’s first-term appointments distanced themselves from his views and even denounced him.

As of December, overall food inflation was 2.5% year over year, according to the Bureau of Labor Statistics’ consumer price index summary. Grocery prices (described as “food-at-home”) rose 0.3% month over month in December, while dining costs (also known as “food-away-from-home”) experienced a similar hike.

Finding the best online student loan lender depends on several factors. “Students should carefully review interest rates, fees, repayment terms and any potential benefits offered by different lenders,” advises McClary. “It's crucial to read the fine print and compare multiple offers before making a decision,” he adds.

At the Federal Reserve’s first meeting in 2025, consumers are going to want what Fed Chair Jerome Powell simply can’t give them: An answer to how much longer interest rates are going to stay high.

Investors are snapping up crude oil futures as a hedge against the risk that U.S. President Donald Trump's threatened trade tariffs will cause a resurgence in global inflation, adding momentum to a recent rally in oil prices sparked by a tightening of sanctions on Russia.