Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
A jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
U.S. stock index futures extended gains on Wednesday as investors assessed a broadly in-line consumer inflation report to ...
The benchmark U.S. 10-year Treasury yield (US10Y) on Wednesday was on track to post its biggest single-day drop since early ...
CBS News business analyst, Jill Schlesinger talks about the December CPI data report released today A Philadelphia sports fan ...
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
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 ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate decision.
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 ...
The consumer price index increased by 2.9 percent in December from a year earlier, the Labor Department reported Wednesday, ...