Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...
Stocks bounced around all day long, with traders unwilling to make any significant bets as they awaited key inflation data ...
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
The S&P 500 jumped 1.8% on Wednesday, Jan. 15, as several financial firms reported solid results and a downtick in core ...
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to ...
Energy costs jumped in December, with the acceleration accounting for 40% of the total increase in the consumer price index ...
The Labor Department reported Tuesday that its producer price index — which tracks inflation before it hits consumers — rose ...
A softer-than-expected rise in the December producer-price index won't provide much lasting comfort to investors jittery over inflation. That means the December consumer-price index reading due ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
A Labor Department report showed the Consumer Price Index (CPI) rose 2.9 per cent on an annual basis in December 2024, the ...