News

The value of retail purchases increased 0.7% from February. Excluding cars and gasoline, sales jumped 1% month over month.

With the presidential election looming, the stalling of inflation improvements may limit the Fed's ability to cut at all this year.

After the metric rose 3.8% rise year-over-year: "The sound you heard there was the door slamming on a June rate cut."

Experts increasingly expect the Fed to raise interest rates more slowly than other central banks, which could lead to parity between the euro and the dollar.

The electronic-trading platform, long known for its fixed-income offerings, will pay $785 million in its biggest acquisition yet.

$8.5 billion in assets used to support the state's public schools will be transferred to new investment companies because of BlackRock's fossil fuel policies,

Non-farm payrolls jumped by 303,000 in March, while unemployment dropped.

Powell's remarks suggest that the Fed is unlikely to reduce rates at their next gathering taking place late this month.