The mother of the six-year-old who shot a teacher in Virginia has been charged with child neglect and...
The mother of the six-year-old who shot a teacher in Virginia has been charged with child neglect and recklessly leaving a loaded firearm so as to endanger a child.
The Rutgers University faculty began a strike yesterday, with 9,000 people walking off the job after a year of unsuccessful contract negotiations.
The Dalai Lama has apologized for a video that shows him kissing a young boy and asking him to “suck my tongue.”
Apple’s shipments of Macs fell 40.5% year over year in Q1 2023 as people bought fewer computers, according to a new report.
Dow, S&P 500 eke out gains as investors await inflation update
U.S. stocks closed mostly higher on Monday, except for the Nasdaq,...
U.S. stocks closed mostly higher on Monday, except for the Nasdaq, as investors awaited on fresh economic data and corporate earnings to kick off. The Dow Jones Industrial Average DJIA, 0.30% rose about 100 points, or 0.3%, ending near 33,586, for its third session in a row of gains, according to preliminary FactSet data. The S&P 500 index SPX, 0.10% gained 0.1%, while the Nasdaq Composite Index COMP, -0.03% closed fractionally lower, or less than 0.1%. It’s a big week for economic data, including Wednesday’s consumer-price index reading for March. Producer prices are due Thursday and retail sales on Friday, which also marks the start of bank earnings, including from JPMorgan Chase JPM, +0.36%, Citigroup C, +1.47% and Wells Fargo WFC, +1.95%.
China runs military exercises in Taiwan strait, around the island nation in protest of Taiwanese President Tsai Ing-wen's visit to the US (More) | The US deploys nuclear-powered submarine to the Persian Gulf amid ongoing tensions with Iran (More)
That’s the expected takeaway from Wednesday’s inflation report (the consumer price index for March, technically speaking). The Fed has signaled it will end its interest rate hikes imminently, but that could get tricky if inflation doesn’t start dropping…fast.