The personal consumption expenditures price index was expected to show core inflation at 2.9% and headline inflation at 2.6%.
Category: Finance News
Stocks making the biggest moves premarket: Alibaba, Ulta, Dell Technologies, Caterpillar & more
See which stocks are posting big moves before the bell.
Fed’s Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
Waller said he believes the Fed can use its power over rates to stave off further labor market weakening. “So, let’s get on with it,” he said.
German inflation rises to hotter-than-expected 2.1% in August
Markets and economists are closely watching inflation figures around the world to assess the impact of U.S. President Donald Trump’s tariff policies.
Denmark slashes 2025 growth forecast amid Novo Nordisk slowdown
Denmark on Friday cut its annual growth forecast to 1.4% from 3%.
How Italy’s banking M&A wave started crashing
The merger fever that’s gripped Italy’s banking sector showed signs of abating this summer — but its end isn’t nigh.
Affirm’s stock soars 15% on earnings, revenue beat
Affirm’s earnings per share of 20 cents for the quarter was almost double what Wall Street expected.
Stocks making the biggest moves after hours: Ulta Beauty, Dell Technologies, Gap, Autodesk and more
These are some of the stocks posting the largest moves in extended hours trading.
Lisa Cook’s lawsuit against Trump skirts mortgage fraud allegation
The document calls the fraud allegation “unsubstantiated and unproven” but does not go into detail about why that is the case.
Stocks making the biggest moves midday: Nvidia, Pure Storage, Snowflake, Hormel and more
These are the stocks posting the largest moves in midday trading.