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Business

US inflation decelerating in boost to economy

US inflation decelerating in boost to economy

By Lucia Mutikani WASHINGTON (Reuters) - U.S. prices fell in November for the first in more than 3-1/2 years, pushing the annual increase in inflation further below 3%, and boosting financial market expectations of an interest rate cut from the Federal Reserve next...

S&P 500 ends higher ahead of long holiday weekend

S&P 500 ends higher ahead of long holiday weekend

By Stephen Culp NEW YORK (Reuters) -U.S. stocks gyrated to a mixed close on Friday as investors headed into the Christmas holiday weekend, having digested cooler-than-expected inflation data which firmed bets for Federal Reserve interest rate cuts in the new year. All...

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