Bloomberg Business

Stocks Bounce Back With Brewing Optimism Over CPI: Markets Wrap

Stocks climbed on bets the upcoming consumer price index will show further softening, which could help build the case for the Federal Reserve to slow its pace of rate hikes — even as some officials say it’s too early to declare victory over inflation.

House GOP Is Teeing Up Probes of Justice Department, Intelligence

House Republicans voted Tuesday to set up a special panel to scrutinize investigations by the Justice Department and other Biden administration agencies, which could allow them to slow current probes involving former President Donald Trump.

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