U.S. economy faces inflation concerns but Wall Street stays strong on Ukraine peace talks and Trump's tariff plan. Inflation rises, with energy prices up, but Fed delays rate cut. Intel surges on govt support for domestic chip production and possible partnership with TSM.
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U.S. stocks rallied to the brink of a record Thursday after more companies reported fatter profits than expected. Wall Street mostly yawned, again, at the latest announcement on
Wall Street's main indexes opened higher on Thursday as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking.
Markets on Wall Street were largely unchanged early Thursday, shifting between small losses and gains as more corporate earnings streamed in ahead of the latest labor market data.
Stocks finished lower on Wall Street but edged higher in Europe on Friday amid uncertainty about U.S. President Donald Trump's rapid policy initiatives, including spending cuts and tariffs, and Germany's upcoming elections.
A benchmark of global stocks hit a record on Friday while U.S. Treasury yields dipped as some soft U.S. data and the latest tariff announcements raised hopes that the Federal Reserve may have some cushion to be more aggressive in cutting interest rates.
The conservative newspaper's editorial board condemned the president's "rhetorical assault" on Ukraine and the "looming" rehab of Russia's Vladimir Putin.
Following a weekend of Donald Trump administration officials taking extreme measures to avoid saying Russia is to blame for the war in Ukraine, the panel on MSNBC's "Morning Joe" took aim at Defense Secretary Pete Hegseth for mealy-mouthed side-stepping of the issue during an appearance on Fox News.
Vice President JD Vance declared Thursday that the US will consider sanctions and even military action if Russian Vladimir Putin refuses to end the nearly three-year long war in Ukraine.
The United Kingdom and France will present to US President Donald Trump a plan for the deployment of 30 thousand peacekeepers on Ukraine. This is reported by The Wall Street Journal, citing European officials.
Vice President Vance accused The Wall Street Journal of “twisting” his answer to a question about President Trump’s stance on Russia during a recent interview he granted the