Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
On Wednesday, it got unstuck. The closely watched core measurement of the Consumer Price Index slowed for the first time in months, according to Bureau of Labor Statistics data released Wednesday.
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...