Investors and executives are often emphasizing what they like in the president-elect’s agenda, while dismissing what they don’t as mere posturing.
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The latest reading of the Federal Reserve’s favorite inflation gauge hovered above the level that officials aim for, evidence that price increases are proving stubborn even after declining notably in 2023. The Personal Consumption Expenditures inflation measure, which the Fed officially targets as it tries to achieve 2 percent annual inflation, climbed by 2.5 percent […]
PCE Inflation, the Fed’s Preferred Measure, Sped Up in November
The Personal Consumption Expenditures index climbed 2.4 percent from a year earlier, though the report’s details were more subdued than expected.
Boeing Says It Has Made Its ‘Best and Final’ Offer to Striking Workers
The proposal includes raises of 30 percent over the four-year contract, up from a 25 percent offer, but it’s unclear whether it will satisfy workers.
