One top Fed official even suggested that it could hike its main interest rate by twice the typical amount next month.

Global markets were higher Tuesday after U.S. stocks rallied, recovering most of their big losses from last week, while investors awaited U.S. inflation data for October. U.S. futures edged higher. Oil prices extended losses,

Asian shares are mostly higher Wednesday, following a retreat on Wall Street as the U.S. inflation rose higher than expected in October

The U.S. stock market dipped after a report showed inflation was worse across the country last month than economists expected

Global bonds tumbled and the dollar stayed firm after a hot US inflation print and hawkish central bank rhetoric raised the risk of an outsized ​half-point rate hike from the Federal Reserve next month,

Hotter-than-expected inflation readings prompt signals that the Federal Reserve may consider a half-point rate hike in December. · 2 stories, 160 sources on IJR News.

The US Federal Reserve will hike interest rates for a second and final time in the current cycle in December, according to a majority of economists polled by Reuters who said the risks to their inflation ​outlook had not changed since the midterm elections.

The odds that the Federal Reserve may raise interest rates by half a percentage point next month jumped on Tuesday after US data showed prices rising faster than expected in October and policymakers opened the door to a quicker pace of rate hikes.

Big Money in the Morning' discusses the October CPI inflation data, which rose 0.4% month-over-month and economist EJ Antoni joins to analyze the hot inflation report, rising food prices, and the next move for the Federal Reserve.

Rising prices point to the Fed increasing borrowing costs before Christmas.

With another month of higher numbers for consumer prices, it seems likely the Federal Reserve will raise interest rates in December.

Consumer prices and core inflation exceeded forecasts, adding pressure on the Fed to resume raising interest rates in December.

AI startup Anthropic files for an initial public offering targeting a historic $1T valuation as the company prepares its mid-November market debut. Madison Alworth outlines the S-1 filing details.

The potential valuation is markedly lower than the $2 trillion rumored earlier this year.

The stock offering by one of America's leading AI start-ups is a test of investor confidence.

Anthropic could raise up to $63 billion in an IPO expected to take place next week.

From January to October, China logged a $1.04 trillion trade surplus, on track to surpass last year’s record surplus of $1.2 trillion.

Chinese exports continue to soar despite economic gloom and global trade tensions.

China's trade surplus surged past $1 trillion in the first 10 months as a global race to build AI infrastructure buoyed sales ​of high-tech products and helped offset weak domestic demand, a dynamic likely to sharpen tensions with major trading partners.

China’s exports exceeded imports by $1 trillion in the first 10 months of this year, reaching that milestone one month earlier than last year.

The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of 26 cents per share. The digital-advertising platform operator posted revenue of $736 million in the period,

Trade Desk reported third-quarter earnings after the stock market closed Monday. The stock has had a brutal year.

The digital advertising pioneer may have finally turned the corner. Only time will tell.

Trade Desk reports third-quarter earnings after the stock market closes Monday. The stock has had a brutal year.