Stock-market investors can be forgiven for feeling a little dizzy after a day that saw stocks plunge in reaction to another round of hotter-than-expected inflation data only to surge higher Read more
Tag: Hot
Hot U.S. inflation is boosting market expectations for a 5% or higher fed-funds rate in a matter of months
With inflation showing no signs of letting up, expectations are building in financial markets for a 5% fed-funds rate by March that’s likely to bring more volatility across equities, bonds Read more
Oil slumps after hot inflation reading, while IEA warns of global recession
Oil futures fell Thursday after a hotter-than-expected consumers price index reading was seen forcing the Federal Reserve to keep aggressively tightening monetary policy, while the International Energy Agency warned that Read more
Texas Pete maker sued for crafting its hot sauce in — gasp — North Carolina
Some Texas Pete customers are hot under the collar about where this sauce is actually cooked up. A California man has filed a class action suit against the hot sauce Read more
Texas Pete maker sued for crafting its hot sauce in — gasp — North Carolina
Some Texas Pete customers are hot under the collar about where this sauce is actually cooked up. A California man has filed a class action suit against the hot sauce Read more
U.S. stocks climb as bond yields pull back, investors digest hot inflation report
U.S. stocks traded modestly higher Friday morning as Treasury yields pulled back despite a hotter-than-expected August inflation reading on the final trading day of a difficult week, month, and quarter Read more
Any doubt Fed will raise rates by 75 basis points next week is gone after hot U.S. inflation data
Any doubt that the Federal Reserve will raise its its benchmark interest rate by 0.75 percentage point next week is gone, economists said, following the hot U.S. consumer price inflation Read more
Stocks may be headed for another selloff according to RBC’s ‘hedge fund hot dogs’ basket
A group of the most popular stocks owned by the world’s largest hedge funds are starting to underperform the broader market once again. According to a team of analysts at Read more
Stock-market investors wrestle with ‘boomflation’ after hot July jobs report
The worry instead turned to what a rip-roaring labor market and surging costs for everything means for stocks and bond portfolios, particularly if it turns into a mix of higher Read more
U.S. employment cost pressures remain hot in second quarter
The numbers: The employment cost index rose 1.3% in the second quarter, down slightly from a 1.4% gain in the January-March quarter, the Labor Department said Friday. Economists polled by Read more