Consumer prices rose at a faster annual pace in November, a reminder that inflation remains an issue both for households and policymakers. The consumer price index showed a 12-month inflation rate of 2.7% after increasing 0.3% on the month, the Bureau of Labor Statistics reported Wednesday. The annual rate...
China ramps up Wall Street meetings as Trump inauguration looms
Chinese Vice Premier He Lifeng has met with several U.S. finance executives in the last month as Beijing seeks to build relationships ahead of President-elect Donald Trump's planned tariffs on China. He Lifeng is one of China's four vice premiers, and heads the ruling Chinese Communist Party's economic and...
Women’s basketball league Unrivaled signs uniform deal with Under Armour
The interior of an Under Armour store is seen on November 03, 2021 in Houston, Texas. Brandon Bell | Getty Images The pieces are coming together for the startup basketball league Unrivaled. The 3x3 women's hoops league announced Tuesday that it has signed a multiyear deal for Under Armour...
Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York. Michael M. Santiago | Getty Images Optimism about household finances hit a multiyear high following Donald Trump's presidential election victory in November, according to...