The consumer price index rose by 3.4% in December 2023, on an annual basis. That’s up from November, but there are reasons for optimism, economists said.
Consumer prices rose 0.3% in December, higher than expected, pushing the annual rate to 3.4%
The consumer price index for December was expected to increase 0.2% on a monthly basis and 3.2% from a year ago, according to Dow Jones.
Here’s what a bitcoin ETF actually means for investors
The SEC approved the first-ever spot bitcoin ETFs on Wednesday, paving the way to begin trade. Here’s what you need to know.
Shipping boss says ongoing Red Sea disruption could have ‘significant consequences’ for global growth
Maersk CEO Vincent Clerc said it was unclear whether Red Sea trade would resume in “days, weeks or months.”
Stocks making the biggest moves premarket: Citigroup, Lyft, Salesforce, Chewy and more
These are the stocks posting the largest moves in premarket trading.
Coinbase, Robinhood shares rise as bitcoin ETF approval adds credibility to cryptocurrency industry
Shares of Coinbase and Robinhood popped Thursday as traders bet the approval of bitcoin exchange-traded funds in the U.S. would give the companies a boost.
Turkish lira hits fresh record low against the U.S. dollar
The beleaguered lira has fallen some 37% against the U.S. benchmark over the past year.
China says the U.S. has ‘weaponized’ chip export controls
China’s Ministry of Commerce said Thursday the U.S. is weaponizing export controls and using them as a tool.
The most powerful passport in the world? Six countries tie for top spot
Six countries have earned the title of the most powerful passports in 2024, which grants holders entry into 194 destinations out of 227 — without a visa.
China will make foreign investment easier, vice premier tells foreign executives
Chinese Vice Premier He Lifeng met with global finance executives who make up the securities regulator’s international advisory committee, state media said.