The Fed's preferred inflation gauge, the personal consumption and expenditures index, rose 0.3% from November and 2.6% on an annual basis.

Federated Hermes (NYSE:FHI) outperformed expectations with higher-than-forecast EPS and revenue. The company's stock fell by ...

The P/B ratio shows how a stock's market price compares to its book value. It helps gauge whether a stock is undervalued or overvalued relative to its net assets.