Firm Inflation Reading Keeps Pressure on Fed to Raise Rates

The annual U.S. inflation rate held steady at 3.4% in August, matching analyst expectations.

Stock Futures Nudge Up, Yields Slip, But Markets Remain on Edge

U.S. stock futures nudged higher and Treasury yields retreated slightly, but investors remained on edge ahead of crucial inflation data later.

Iran-Backed Houthis Take Effective Control of Key Chokepoint