Stocks opened higher Thursday boosted by higher-than-expected earnings from Salesforce and as Wall Street looks to extend a late-summer winning streak.
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Wall Street Ticks Higher as Hot U.S. Inflation Cools Further
Wall Street closed higher Thursday after a report showed inflation slowed again last month, bolstering hopes the Federal Reserve may take it easier on the economy through smaller hikes to interest rates.
December Deflation: CPI Shows Prices Falling 0.1 Percent Last Month
What's the opposite of inflation? Deflation, and that's exactly what happened in December, according to the latest consumer price index (CPI).
Citi Report: Building Supply Chains at Home Is Not a Top Priority for Firms
Bringing manufacturing back to the United States is a top priority for the Biden administration, but a new report from Citi indicates that companies might have other priorities when it comes to securing their supply chains.
Market Minute: Disney Board Fight, Starbucks Returns to Office & $BBB Skyrockets
Here is a rundown of Cheddar News' top market stories of the day.
Cheddar Morning News Briefings of January 12th
Cheddar Morning News Briefings
Morning Alexa Flash Briefings of January 12th
Alexa Flash Briefings
NYC Nurses Return to Work After Ending Three-Day Strike
More than 7,000 nurses at two New York City hospitals are headed back to work after a three-day strike for safe staffing.
Flights Resume Takeoff After FAA Outage Delays
U.S. flights have now resumed takeoff after a systemwide outage caused massive delays.
Credit Card Interest Rates Reach Record High
Interest rates for bank-issued credit cards hit a record high.
