To The Moon

Micron Technology is expected to report robust quarterly growth as the memory chip maker benefits from a combination of improving demand for PCs and smartphones, the ebbing of excess inventory at auto

Inflation is still too high for the Fed to cut ratesA customer shops at a Target store on May 20, 2024 in Miami. Target said it plans to cut prices on thousands of products amid growing resistance to higher consumer costs.Is some good news on U.S. inflation heading our way?

The Federal Reserve’s preferred gauge of underlying US inflation rose at a brisk pace in March, reinforcing concerns of persistent price pressures.The so-called core personal consumption expenditures price index, which strips out the volatile food and energy components, increased 0.3% from the prior month, data out Friday showed. From a year ago, it advanced 2.8%.The overall PCE price measure also rose 0.3% from February and 2.7% from the prior year.Inflation-adjusted consumer spending climbed a