The headline figure previously came in at 2.8% in January, with further easing expected after price rises cooled in Germany, France and Spain.
Christie’s just sold a Rothko painting for $100 million in a secret sale. Here are the details
The mysterious nature of the sale, with few publicly available details, highlights the rapid growth in recent years of private sales.
Shares of NYCB fall 14% after bank discloses ‘internal controls’ issue, CEO change
The regional bank has been under pressure in recent months, in part due to concerns about its exposure to commercial real estate
Ray Dalio says the U.S. stock market ‘doesn’t look very bubbly’
The founder of Bridgewater, one of the world’s largest hedge funds, analyzed the market based on his bubble criteria.
IRS targets wealthy ‘non-filers’ with new wave of compliance letters
The IRS on Thursday unveiled plans to target wealthy “non-filers” with a new round of compliance letters. Here’s what taxpayers need to know.
Stocks making the biggest moves midday: Chemours, Snowflake, Hormel, C3.ai and more
These are the stocks posting the largest moves in midday trading.
‘Ghosting’ gets more common in the job market: It’s not a ‘passing fad,’ report says
Job applicants and employers are increasingly ghosting each other, data suggests. That behavior may be unwise, according to career experts.
Key Fed inflation measure rose 0.4% in January as expected, up 2.8% from a year ago
The core PCE price index was expected to increase 0.4% in January on a monthly basis and 2.8% from a year ago.
A huge wealth transfer means millennials are poised to become ‘the richest generation in history’
A wealth transfer over the next decade or so will likely make millennials “the richest generation in history,” according to a new report.
Stocks making the biggest moves premarket: Snowflake, Salesforce, C3.ai, Okta and more
These are the stocks posting the largest moves in premarket trading.