Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
U.S. consumer prices rose in December, pointing to elevated inflation and fewer interest rate cuts by the Federal Reserve.
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls after a dismal ...
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
“Bitcoin is up today because both yesterday's producer price index and today's consumer price index were relatively moderate, ...