FBR analyst Dan Ives explains why thinks Apple is heading to a $1 trillion valuation within 12 months. Apple heading to $1 trillion in a calendar year: Analyst.
Traders work on the floor of the New York Stock Exchange during the afternoon of April 17, in New York City. Photographer: Andrew Burton/Getty Images.
WASHINGTON: US consumer prices increased for a second straight month in March on rising petrol and shelter costs, a sign of some inflation that should keep the Federal Reserve on course to start raising interest rates this year.
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Signs of complacency were evident before stock markets around the world tumbled on Friday. European shares have been on a tear this year, even with Greece seemingly edging closer to default.