Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index ...
As risk takers resurfaced, the market’s “fear gauge” — the Volatility Index (VIX) — collapsed the most this year. A Goldman ...
The annual inflation rate for housing and household services was 6.0% in December 2024, up from 5.8% in November. This ...
Key Takeaways The Consumer Price Index rose 2.9% in December, accelerating from a 2.7% annual increase in November.Core ...
Major U.S. indices surged Wednesday after consumer inflation came in lower than expected, and major banks posted strong ...
Investors were cheering the latest consumer-price index report, which that showed core inflation unexpectedly slowed in December, putting U.S. stocks on pace for their best CPI day in at least 14 ...
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 ...
While the overall consumer price index rose, the core measure that omits food and energy costs was below estimates.
The benchmark S&P 500 ( ^GSPC) popped more than 1.8%, while the Dow Jones Industrial Average ( ^DJI) rose more than 1.6%, or ...
Stocks lost steam as Wall Street investors remained unwilling to make any riskier bets as they awaited key inflation data for ...