Inflation picked up at a higher pace than expected in January, leaving the Federal Reserve playing a waiting game to see the impact of tariffs and other policies on price pressures.
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
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The Dow dived in the afternoon trading, putting its weekly gain in serious jeopardy. The blue-chip index was down 411 points or 0.9% at 2 pm. If it keeps this pace, it will end this week with a loss, ...
Release of a key gauge of monthly U.S. consumer prices is set to test investor nerves after Trump's tariff threats triggered ...