Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
Inflation in the US, as measured by the Consumer Price Index (CPI), is expected to rise by 2.9% annually in November, up ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
Bitcoin has changed direction after weeks of Ethereum gaining 8% and Solana soaring 9%. “Bitcoin is up today because both ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Stocks lost steam as Wall Street investors remained unwilling to make any riskier bets as they awaited key inflation data for ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.