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Fed’s Favorite Inflation Gauge Rises More Than Expected In April: Market Expectations Increase For June Interest Rate Hike

The Personal Consumption Expenditure (PCE) price index, the Federal Reserve's preferred measure of inflation, rose 4.4% year over year in April 2023, up from the 4.2% surge in March and above the expected 4.3% rise, the U.S.

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Goldman Sachs’ Solomon, Pfizer’s Bourla, More CEOs Implore Biden, McCarthy To Avoid Disastrous Default

More than 140 top executives of American corporations issued a letter urging the government to reach a solution to promptly lift the debt ceiling and avert the disastrous implications of a default, just a few hours ahead of the key Joe Biden-Kevin McCarthy

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