Surging inflation sets up high-stakes fight in Washington

Prices for American consumers are rising at the fastest rate in three decades, setting the stage for a standoff between the White House and the Federal Reserve as concerns grow about the political ramifications of inflation.

News: What you need to know about the markets     Surging inflation sets up high-stakes fight in Washington Prices for American consumers are rising at the fastest rate in three decades, setting the stage for a standoff between the White House and the Federal Reserve as concerns grow about the political ramifications of inflation. Read more »   What Disney+ needs more than anything: A hit It sounds crazy to say this, but Disney could really use a hit right now. Read more »   US Chamber: Trump is 'wrong' on infrastructure bill Former President Donald Trump has blasted the bipartisan infrastructure legislation recently passed by Congress as a "Non-Infrastructure" bill. Read more »   Singles Day stock tip: Forget Alibaba and look at JD Chinese consumers were hunting for bargains on Singles Day, the online shopping extravaganza that takes place every November 11 which was originally launched by e-commerce giant Alibaba. Read more »   Elon Musk just sold 1 million Tesla shares to cover $1 billion in taxes Elon Musk has sold his first block of Tesla shares since 2016, exercising some stock options and then selling a portion of that to raise the cash he'll need to pay taxes on the shares he acquired. Read more »   Boeing accepts liability for Ethiopian Airlines 737 Max crash Boeing agreed on Wednesday to acknowledge liability for compensatory damages in lawsuits filed by families of the 157 people killed in the 2019 Ethiopian Airlines 737 Max crash, according to a filing in US District Court in Chicago. Read more »

Dow Nasdaq S&P -158.71   +81.58   +2.56 35,921.23   15,704.28   4,649.27 -0.44%   +0.52%   +0.06% YTD +17.36%   YTD +21.85%   YTD +23.78%

Biggest Winners Freeport-McMoRan Inc +9.01%   Tapestry Inc +8.38%   General Motors Co +4.30%   AES Corp +3.24% Biggest Losers Walt Disney Co -7.07%   Cooper Companies Inc -5.36%   Organon & Co -5.21%   Edwards Lifesciences Corp -3.76%

Hottest ETF NYSE Market Volume

Key Market Stats Latest Today's Change Oil $81.17 -0.17 / -0.21% Gold $1,864.30 +16.00 / +0.87% 10-yr 1.56% 0.00 Euro $1.14 -0.00 / -0.32%

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