Fed's Preferred Inflation Gauge Climbs Above Target Range
Over the past year, the PCE index is up by 4.1%, its highest reading since April 2023 and more than double the preferred target rate for the Federal Reserve.
Iran Attacks Cargo Ship, Testing Trump's Deal to Reopen Strait
The attack took place hours after an Iranian warning to ships not to use routes that the regime hadn't sanctioned.
Dow Rises as Micron Fails to Power Nasdaq
