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.
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 ...
Gas prices rose sharply, but investors homed in on a small decline in the core CPI.
We knew that today's Consumer Price Index (CPI) was a hotly anticipated economic report that at least had the potential to ...
Inflation rates have had a huge impact on almost all aspects of our daily lives — from mortgage rates to the price of groceries. While the U.S. inflation rate has hit a 40-year high after the pandemic ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
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 ...