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US consumer prices rise briskly for third straight month

US consumer prices rise briskly for third straight month

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October amid higher costs for food and accommodation, cementing expectations that the Federal Reserve will raise interest rates next month.
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US weekly jobless claims increase, but labor market remains stable

US weekly jobless claims increase, but labor market remains stable

By Lucia Mutikani WASHINGTON, Nov 12 (Reuters) - The number of Americans filing new claims for unemployment benefits increased last week, but remained at a level consistent with a stable or even strengthening labor market, allowing the Federal Reserve to focus on fighting inflation.
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US weekly jobless claims increase, but labor market firming

US weekly jobless claims increase, but labor market firming

WASHINGTON, Nov 12 (Reuters) - The number of Americans filing new claims for unemployment benefits increased last week, but remained at a level consistent with a strengthening labor market.
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Wall St ends lower as hot inflation data, Fed comments heighten rate worries

Wall St ends lower as hot inflation data, Fed comments heighten rate worries

By Chuck Mikolajczak and Niket Nishant NEW YORK, Nov 10 (Reuters) - US stocks closed lower on Tuesday, as a hotter-than-expected inflation reading hardened expectations for a rate hike from the Federal Reserve next month and fueled concerns the central bank may be more aggressive in raising rates.
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US consumer prices increase strongly for third straight month in October

US consumer prices increase strongly for third straight month in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October, driven by higher costs for food and accommodation, leaving the Federal Reserve on course to raise interest rates next month.
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US consumer prices expected to have risen at slower pace in October

US consumer prices expected to have risen at slower pace in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices likely increased at a moderate pace in October, but inflation probably remained stubbornly high, leaving the Federal Reserve on course to raise interest rates next month.
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Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

Stocks cut gains, dollar and yields up as US CPI cements December rate hike bets

By Shashwat Chauhan Nov 10 (Reuters) - US stocks were set for a lower open on Tuesday and European shares pared gains after a hotter-than-anticipated inflation reading bolstered the case for a US Federal Reserve interest rate hike next month.
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US existing home sales slump to more than 16-year low in October

US existing home sales slump to more than 16-year low in October

WASHINGTON, Nov 12 (Reuters) - US existing home sales fell to the lowest level in more than 16 years in October as rising mortgage rates and still-elevated house prices pushed potential buyers to the sidelines.
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US consumer prices rise above expectations in October

US consumer prices rise above expectations in October

By Lucia Mutikani WASHINGTON, Nov 10 (Reuters) - US consumer prices increased more than expected in October, leaving the Federal Reserve on course to raise interest rates next month.
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Morning Bid: War is over?

Morning Bid: War is over?

By Mike Dolan Nov 10 (Reuters) - While Nvidia and its troubled CEO Jensen Huang had a tough Monday, Wall Street stormed higher, led largely by recently battered chip stocks and cosseted by a tumbling oil price.
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Wall Street set for higher open as CoreWeave results temper AI spending concerns

Wall Street set for higher open as CoreWeave results temper AI spending concerns

By Utkarsh Hathi and Tharuniyaa Lakshmi Nov 11 (Reuters) - The main US indexes were on track to open higher on Wednesday after neocloud firm CoreWeave's strong earnings assuaged investor worries about bloated AI expenditure.
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Bonds reel as hot inflation fuels jumbo Fed hike fears

Bonds reel as hot inflation fuels jumbo Fed hike fears

By Stella Qiu SYDNEY, Nov 11 (Reuters) - Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized half-point rate hike from the Federal Reserve next month, though stocks remained resilient.