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Wall Street’s main indexes fell on Wednesday after hotter-than-expected inflation data fueled bets that the U.S. Federal Reserve will hike interest rates aggressively to tame surging prices. The Labor Department’s report showed the…

With a miserable first half for the stock market now in the history books, investors are assessing whether the U.S. economy can avoid a significant downturn as the Federal Reserve raises rates to fight the worst inflation in decades. The…

Wall Street’s main indexes slipped on Friday after stronger-than-expected jobs data fueled expectations of another big interest rate hike by the U.S. Federal Reserve later this month. The Labor Department’s report showed nonfarm payrolls…

U.S. stocks tumbled on Thursday, setting the S&P 500 for its worst first six months since 1970, on concerns that central banks determined to tame inflation will hamper global economic growth. Fears over slowing growth and surging…

A rally that lifted U.S. stocks from the brink of a bear market faces an important test next week, when consumer price data offers insight on how much more the Federal Reserve will need to do in its battle against the worst inflation in…

The Federal Reserve’s determination to raise interest rates until it squashes the highest inflation in decades is darkening the outlook across Wall Street, as U.S. stocks stand on the cusp of a bear market and warnings of a recession grow…

Bloomberg: Shares of Facebook parent company Meta Platforms Inc. surged during pre-market hours Thursday, a day after reporting its main platform added more users than projected in the first quarter, potentially staving off concerns that…

Meta, the company formerly known as Facebook, suffered its biggest one-day wipeout ever Thursday as its stock plummeted 26% and its market value plunged by more than $230 billion. Its crash followed a dismal earnings report Wednesday, when…