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PPI shows strongest rise since 2022 as energy inflation surges
US wholesale inflation accelerated sharply in April, underscoring growing price pressures across the economy as higher energy costs and supply…
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US Senate confirms Kevin Warsh to Fed Board
The US Senate on Tuesday confirmed Kevin Warsh to a 14-year term as a governor at the Federal Reserve. This…
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Moderna stock soars as hantavirus fears spark outbreak trade
Moderna shares surged on Monday as investors rushed into vaccine and biotech stocks following reports of a hantavirus outbreak linked…
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Why Nvidia stock is beating the broader market today
Nvidia (NVDA) stock rose in early trading Monday as investors positioned ahead of the chipmaker’s upcoming earnings report, with shares…
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Private credit returns weaken as loan distress deepens, MSCI finds
Private credit funds have marked down more than a tenth of their loans by at least 50%, according to new…
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US inflation rises to 3.8%, highest since May 2023, as energy prices surge
US consumer inflation accelerated to 3.8% in April, marking its highest annual increase since May, 2023 as rising energy prices…