Inflation cools fuels stock gains on hopes of slower Fed hikes
U S stocks edged higher after a inflation report showed slower price growth, lifting the S&P 500 to 3,983.17, the Dow to 34,189.97, and the Nasdaq to 11,001.10 amid bets the Fed may downshift rate increases this year. Analysts caution against mistaking slower hikes for imminent rate cuts while emphasizing remaining inflation pressures and possible market volatility.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Federal Reserve
U.S
Fed
CME Group
Gargi Chaudhuri
iShares Investment Strategy
Americas
Dow Industrials
Dow Transportation
Dow Utilities
NYSE
Nasdaq
S&p
S&p MidCap
Wilshire
Russell
Inflation cools as U S prices ease for December
U S inflation slowed for a sixth straight year over December with a 6.5 percent annual rate. Monthly prices dipped 0.1 percent from November, signaling easing pressure and possible relief for Fed rate hikes. Gas, goods costs ease as supply chains improve, boosting confidence.
MENTIONED IN THIS ARTICLE
Washington
U.S
Federal Reserve
Joe Brusuelas
RSM
Fed
Daleep Singh
PGIM
Singh
Europe
United Kingdom
IRS sets January 23 start for 2023 tax filing season
The IRS will begin processing 2022 tax returns on January 23 as a sign of improved service after funding and hiring boosts. Acting Commissioner Doug O’Donnell says thousands of new staff and better training should ease filing this year, with a deadline of April 18 for most returns and October 16 for extensions.
MENTIONED IN THIS ARTICLE
Washington
IRS
National Taxpayer Advocate
Doug O’donnell
House
Congress
Senate
District of Columbia
DeSantis navigates immigration stance amid Cuban migrant surge
Florida Governor Ron DeSantis activated the National Guard as Cuban migrant arrivals surge. He faces scrutiny from critics like Laura Loomer while remaining cautious ahead of potential presidential plans. The episode tests his hardline stance on immigration amid a broader migrant influx to Florida.
MENTIONED IN THIS ARTICLE
Tavernier
Fla
Florida
Ron DeSantis
Texas
Massachusetts
National Guard
Florida Keys
Ernest Vaile
Missouri
DeSantis
Biden
U.S
United States
Trump
Jeb Bush
Laura Loomer
Loomer
U.S. Coast Guard
Also Mentioned on This Page
Stan Choe
Damian J. Troise
The
Associated Press
the Market IN Review
Dow Jones Industrials
S&p 500
Fla. Gov
Steve Peoples
Adrian Gomez Licon
Anthony Izaguirre
Gov. DeSantis
Bush
NYMX
New York Mercantile Exchange
Chicago Board of Trade
CME
Chicago Mercantile Exchange
ICE
Intercontinental Exchange
Amazons
Logitech Carvana A
Apple Inc S
WerewlfTh
CureVac
AMD
HiveBlok Rs
ArbrRphan
MarathDig
DermTh
Fordm
BcoBrad
AMC
Lumentch
At&t Inc
MultiAuto
Apple Inc
NokiaCo Arrival
Northropg
Nu Hidg
Avayall Bakkt HI
Nvidia
OpendrTc
DramedPh
BkofAm
BedBath
OwensCorn
Carnival Me
Pg&e Cp
Carvana A
Cedarf
Palantir
Cisco
PartyCity ClevCliffs
PepsiCo
CocaCola
Petrobras
Pfizer
ComSorgh
RPM
Comcast
RiotBlick
RiviaAu
Cracker
Shrwin
Ericsson
Smucker
Exelaters
Snaplac A
Expion
SoFiTech
FardyFuln
FirstEngy
TaiwSemi
GenElec
TilrayBr HomeDp
Transoen
HuntBnesh
Tricida
Intel
Utd AirlHl
IBM
VerizonCm
VerGood H
Invacare
Statiunh
WalMart
Jaguar H
Vbrodis An
Keycorp
WellsFargo
Kohls
Wendys Co
LincNat
YumBrnds
Doe
SEC
AmrenBalAm
FdmdlInvsAm
Grfamrca m
Incamrca m
Invcamrca m
NwPrspctvAm
Wamtinvsam
Dodge & Cox Incl
Dodge & Cox IntlStkl
Dodge & Cox Stil
Fidelity
Metropolitan West
Pimco TtlRetins
Schwab
Vanguard
Vanguard EqincAdmrl
Vanguard Hcadmrl
Vanguard Intiteadmrl
Vanguard InsidxIns
Vanguard InsidxInsPlus
Vanguard PrmCpAdmrl
Vanguard Stinvmgrdadmrl
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!