Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The Labor Department released the inflation report for December, which showed prices were up 2.9% from a year ago, in line ...
Major U.S. stock averages finished sharply higher Wednesday, with bank stocks rising, and as a softer-than-expected core ...
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Annual inflation ticked up for a third straight month in December as food, energy costs rose, CPI report showed. But ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
The better-than-expected data sent the blue-chip Dow Jones Industrial Average surging more than 700 points, or 1.7%, as ...
The path of inflation proved bumpier than expected in December, with price growth picking up more than economists had ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...