Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
A team of economists and strategists at BofA Securities is holding on to its view that the Federal Reserve's interest-rate-cutting cycle is done, considering that the labor market is stabilizing ...
Major U.S. stock averages surged Wednesday, with bank stocks climbing, and as a softer-than-expected core inflation reading ...
The latest Consumer Price Index offers some hope that inflation might be back on a cooling trend. It also shows why that ...
The company's share price was up 11% as of 11 a.m. ET and had been up as much as 14.9% earlier in the daily session.
The price gap between groceries and restaurants continued to narrow in December, according to the latest Consumer Price Index released Wednesday. CPI data for December indicated that prices for ...
Market-implied expectations for future inflation were little changed despite a milder-than-expected monthly core reading from December's CPI report on Wednesday — indicating that concerns about the ...
The dollar weakened against major peers on Wednesday after cooler-than-expected data eased fears that inflation was ...
BTC price strength accompanied the December print of the US Consumer Price Index ( CPI ), which met expectations. Like the ...