The inflation report led to a 3-bps drop in the 10-year Treasury yield to 4.255% and a 1-bp drop in the 2-year Treasury yield to 3.711%.

Shares have advanced in Europe and Asia after the U.S. stock market rallied to records when data showed inflation across the ...

President Trump's looming changes to the Federal Reserve are "going to change the narrative," Treasury Secretary Scott Bessent weighs in on the appointment process.

The likelihood of a Federal Reserve rate cut in September is now seen near 100% after new data showed U.S. inflation increased at a moderate pace in July and Treasury Secretary Scott Bessent said he ...

With inflation easing and the labor market cooling, the risks of keeping policy too tight are mounting. The CME Group now ...

Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...

European shares hit a near two-week high on Wednesday, underpinned by gains in heavyweight healthcare and technology stocks, ...

After a tame July inflation report, expectations jumped for a rate cut at the Federal Reserve's policy meeting in September.

Stock markets rose Wednesday, with Wall Street building on the previous day's record highs after steady US inflation data ...