US chip stocks fell on Thursday as concerns over inflation and rising debt costs increased. Investors worried that higher inflation could lead to expensive borrowing, especially for companies spending heavily on artificial intelligence (AI) infrastructure. The concerns deepened the ongoing sell-off in chip stocks. Chip stocks fall as AI debt concerns and competition weigh on … Read more
Bitcoin fell more than 3.6% on Thursday after new US data showed that wholesale prices rose sharply in September, raising concerns about inflation and the Federal Reserve’s next interest rate decision. Bitcoin was trading at around $81,500 following the release of the inflation data. Bitcoin price falls as US wholesale inflation rises sharply in September.(REUTERS/Dado … Read more
US Treasury yields fell on Thursday as investors moved towards safer investments. Treasury prices rose as investors sold some technology stocks and moved their money into US government bonds. Investors were also waiting for more economic data, including inflation figures, to understand the direction of the US economy. US Treasury yields fall as investors await … Read more
US stock futures fell on Wednesday as inflation in September was higher than expected. Investors were worried that rising prices could remain a problem for the US economy. Treasury yields also went up, putting pressure on the stock market. US stock futures fall as inflation rises to 3.7% and Treasury yields climb. (REUTERS/Jeenah Moon/File Photo) … Read more
The US Consumer Price Index (CPI) report, due on Wednesday, October 15, is expected to show that inflation increased in September as energy prices rose. The data will help investors understand how prices are changing and what the Federal Reserve may do with interest rates. US inflation and gas prices remain key factors in the … Read more
US Treasury yields fell on Tuesday as oil prices dropped. Investors were also preparing for important US economic data due later this week, including the latest inflation report. The data could help them understand how inflation is changing and what the Federal Reserve may do with interest rates next. US Treasury yields fall as oil … Read more
US stock futures fell on Thursday morning as investors worried about inflation and rising oil prices. At the same time, investors were also looking ahead to the new US corporate earnings season. The market was caught between optimism over company earnings and fresh concerns about inflation. US stock futures fall as oil prices and inflation … Read more
Jim McMullen is contesting for the Kansas District 3 education board seat in the US midterms. The Republican won the primaries and is now set to face Democrat Amy Diediker in the November 3 race. Ahead of the elections, McMullen spoke exclusively to HT.com, sharing his views on education, the issues plaguing schools in his … Read more
US inflation data showed mixed signals in August, with the overall Personal Consumption Expenditures (PCE) price index rising 0.3% month-on-month and 3.4% year-on-year. The 0.3% monthly rise in overall PCE inflation was below economists’ expectations. In July, the overall PCE measure had increased 0.1% from the previous month. US PCE inflation rises 0.3% in August … Read more
Mortgage rates may fall over the next five years, but they could also go back to 7%. A main forecast expects the average 30-year fixed mortgage rate to be around 6.05% in 2027. Mortgage rates could reach 7% again by 2027 if inflation stays high. (Pexel/Representative image) (Pexel) Rates could slowly fall after that. But … Read more