The August Consumer Price Index (CPI) data has been released, showing a decline in the annual CPI rate, but an increase in the core CPI on a month-over-month basis, especially the continuous rise in residential prices, indicating that the resilience of U.S. inflation remains strong. This has led to a cooling of market expectations for further rate cuts by the Federal Reserve within th...

The Dow Jones Industrial Average closed above 40,000 for the first time last Friday, marking a significant milestone as it doubled the index level reached shortly after Donald Trump took office as the 45th president.
The surge to this historic high had been anticipated earlier in April but faced delays due to robust economic indicators and March's inflation uptick, coupled with Federal Reserve of...