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Inflation surpassed worker paychecks for third straight month

Inflation surpassed worker paychecks for third straight month

U.S. consumer prices were up 3.7% while workers' paychecks rose 3% over the year in September, the Labor Department said.
ReutersReuters
US consumer prices accelerate in September on costlier gasoline; core CPI firmer

US consumer prices accelerate in September on costlier gasoline; core CPI firmer

By Lucia Mutikani WASHINGTON, Oct 13 (Reuters) - US consumer prices accelerated in September amid a surge in gasoline costs, dealing another blow to President Donald Trump and his Republican Party ahead of the November 3 midterm elections and putting an interest rate increase later this month back
ReutersReuters
High gasoline prices expected to boost US consumer inflation in September

High gasoline prices expected to boost US consumer inflation in September

WASHINGTON, Oct 14 (Reuters) - US consumer prices likely surged in September, driven by rising gasoline and food costs, and adding to a string of unfavorable developments for President Donald Trump and his Republican Party heading into crucial November 3 midterm elections.
ReutersReuters
Trading Day: Earnings season debuts to mixed reviews

Trading Day: Earnings season debuts to mixed reviews

By Stephen Culp NEW YORK, Oct 13 (Reuters) - Wall Street stocks were muted on Tuesday after big banks reported mixed earnings and investors looked ahead to Wednesday's crucial inflation report. The S&P 500 ended essentially flat, while Nasdaq closed slightly lower, weighed by chip weakness.
TheStreetTheStreet
The Fed has a new warning for Wall Street and the stock market

The Fed has a new warning for Wall Street and the stock market

Bond yields are climbing, inflation isn't cooling, and the Fed isn't done.
ReutersReuters
Trump campaigns in Alaska, a conservative state feeling the pinch of high energy prices

Trump campaigns in Alaska, a conservative state feeling the pinch of high energy prices

By Gram Slattery WASILLA, Alaska, Oct 13 (Reuters) - With three weeks until the US midterm elections, President Donald Trump on Tuesday campaigned in Alaska, a once reliably Republican state with a competitive Senate race that could help decide the balance of power in Washington.
ReutersReuters
Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

Oil rally pressures S&P, Nasdaq; Microsoft, Salesforce buoy Dow

By Ragini Mathur and Purvi Agarwal Oct 12 (Reuters) - US stock indexes were mixed on Monday, with tech heavyweights facing heat as oil prices touched their highest in about two weeks ahead of big bank earnings and inflation data due later in the week that could potentially steer the Fed's policy
ReutersReuters
Trading Day: Fog of war

Trading Day: Fog of war

By Jamie McGeever ORLANDO, Florida, Oct 12 (Reuters) - Oil and fuel prices rose on Monday following weekend attacks on a Saudi airport, which had a varied impact on global stocks. Asia shares mostly fell, Europe shares rose, and Wall Street was mixed.
ReutersReuters
Iran shifting tactics to step up attacks on shipping before US vote, officials say

Iran shifting tactics to step up attacks on shipping before US vote, officials say

By Parisa Hafezi, Jonathan Saul and Phil Stewart DUBAI/LONDON/WASHINGTON, Oct 14 (Reuters) - Iran is deploying new tactics to target ships sailing through the Strait of Hormuz as it seeks to keep oil prices high and influence the US midterm elections, two senior Iranian officials told Reuters.
TheStreetTheStreet
Earnings season will fight the real world for attention

Earnings season will fight the real world for attention

Financial companies lead off the third-quarter earnings season.
ReutersReuters
Share markets choppy in Asia as earnings loom, oil slips

Share markets choppy in Asia as earnings loom, oil slips

By Wayne Cole SYDNEY, Oct 12 (Reuters) - Stock markets got off to an erratic start on Monday as earnings season looked set to test high tech valuations, while oil slipped amid confusion over whether Russia would, or could, increase energy exports.
TheStreetTheStreet
Fed’s Waller pivots on interest-rate bet as worried consumers sound inflation alarms

Fed’s Waller pivots on interest-rate bet as worried consumers sound inflation alarms

Waller explains his surprising rate-hike vote as consumer confidence takes a dive and energy costs remain high.