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Fresh data on inflation, jobs could force Fed to rethink rate cuts

The Fed’s path to lower interest rates this year is further complicated by new data showing that while the job market remains strong, inflation remains high. The Producer Price Index, which measures wholesale inflation, rose 0.6% in February, twice the Dow Jones estimate of 0.3% and the 0.3% rise recorded in January, the Labor Department […]

Expelled Congressman George Santos Says He’s Coming Back in Fresh Bid for House Return

Former Congressman George Santos announced Thursday night that he will run again, nearly three months after being expelled from the House. The surprising declaration was made online during President Joe Biden’s State of the Union address. Santos is challenging Republican Rep. Nick Larota in New York’s 1st District, saying he is seeking to unseat one […]

Stock futures are little changed Tuesday night as investors await fresh inflation data: Live updates – CNBC

34 minutes ago Richard Bernstein says investors should focus on emerging markets and small-cap stocks beyond the ‘Magnificent 7’ stocks Investors should look beyond the Magnificent 7 stocks to alternative investments, including small-cap stocks and emerging markets, said Richard Bernstein, principal at Richard Bernstein Advisors. “There’s no sound wealth-building strategy where you put all your […]

Stocks Fall as Market Seeks Fresh China Stimulus: Markets Wrap – Yahoo Finance

(Bloomberg) – Asian stocks fell on Tuesday, led by weaker Chinese stocks, as deepening market pessimism increased pressure on policymakers in the world’s second-largest economy to cut interest rates. Most Read Articles on Bloomberg Hong Kong stock prices fell about 2%, and mainland stocks were expected to fall for the third day in a row. […]