Markets Rally on Signs Inflation Is Abating As Investors Look to Next Week S Consumer Price Data
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Why the post-Fed stock-market rally is raising fresh inflation questions
The issue is whether Fed Chair Jerome Powell’s post-meeting remarks on May 1 — in which he said the central bank’s next move is “unlikely” to be a rate hike — are now easing financial conditions by so much that this ends up stalling progress on ...MarketWatch - Business -
U.S. oil prices settle at one-week high on post-CPI relief rally and drop in crude supplies
U.S. oil prices settled at their highest level in a week on Thursday, extending a relief rally sparked by data showing a slowdown in key U.S. inflation data.MarketWatch - Business -
Reddit to Give OpenAI Access to Its Data in Licensing Deal
The deal will give the artificial-intelligence startup access to Reddit’s data.The Wall Street Journal - Tech -
Some data in the market-moving CPI report was released early by the Labor Department
Information about Wednesday's critical consumer price index release circulated early on the Bureau of Labor Statistics website.CNBC - Business -
WNBA charter flights to be fully set by next week
All WNBA teams will be using the league's new charter flight program by early next week, a spokesman told ESPN.ESPN - Sports - WNBA -
Despite Inflation Concerns, Markets Keep Rising
Stocks on both sides of the Atlantic set records as investors foresee interest rates moving in one direction: down.The New York Times - Business