The Personal Consumption Expenditures index — the Federal Reserve's preferred inflation measure — rose at a 4.1% annual rate in May, highlighting the central bank's challenge in reining in prices. The ...
WASHINGTON, June 25 (Reuters) - U.S. inflation increased further in May, breaking above 4.0% for the first time in three years as the Middle East conflict boosted energy prices, and keeping an ...
High gas prices pushed annual inflation to the highest level in three years, according to May data released by the Commerce Department on Thursday. The Federal Reserve’s preferred inflation gauge, the ...
Micron reported fiscal third-quarter results that topped analysts' estimates. The company has been one of the biggest beneficiaries of the AI boom, which has caused historic demand for memory.
Cerebras reported financials for the first time since its IPO in May. Revenue increased 92% from a year earlier. The artificial intelligence chipmaker saw its stock pop out of the gate, but the shares ...
June 23 (Reuters) - Meta (META.O), opens new tab CEO Mark Zuckerberg recently dispatched a small team at his company to create a smartphone app similar to Polymarket and Kalshi, the New York Times ...
Ty Roush is a breaking news reporter based in New York City. Shares of SpaceX plunged 16.4% on Monday to under $155 as the stock fell below its debut close of $160. SpaceX’s stock has sunk more than ...
This tracker compiles developments in every state around the country that has begun or is considering redrawing its congressional district maps. This at-a-glance resource also spells out our current ...
The Bureau of Economic Analysis released its personal consumption expenditures price index data for September earlier today. Here is the report, at a glance: Core YoY: 2.8% increase, in line with ...
Deere & Co. reported net income of $869 million for the first quarter ended Jan. 26, or $3.19 per share, down from net income of $1.75 billion, or $6.23 per share, for the same quarter in 2024.