The Fed had rapidly hiked the benchmark lending rate in 2022 to ease demand and tamp down surging inflation. Price increases ...
A blockbuster jobs report on Friday paved the way toward a soft landing, in which inflation returns to normal levels while the U.S. economy averts a recession, experts told ABC News.
The S&P 500 climbed 0.9% and got close to its all-time high set Monday. The Dow Jones Industrial Average rose 341 points, or ...