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 ...
Cooler-than-expected inflation readings and positive bank earnings provided a string of good news for bulls, after a dismal ...
The Labor Department's inflation report for the month of December showed that food and energy prices were the primary drivers ...
US consumer inflation rose for a third straight month in December as energy prices jumped but a widely watched measure eased ...
Global unemployment remained steady last year at an historical low of 5%, where it is set to stay in 2025, the International ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...