Major U.S. stock averages popped higher Wednesday afternoon, with bank stocks rising, and as a softer-than-expected core ...
Consumer inflation data came in slightly hotter than expected in December. Consumer prices were up 2.9% for the 12 months ended in December as compared to 2.7% in November, according to the latest ...
The increase in the consumer price index is unhelpful for President-elect Donald Trump, who will soon inherit the economy ...
Inflation picked up speed in December as the U.S. economy showed unexpected signs of strength at the end of 2024. The consumer price index (CPI) rose 0.4 percent in the final month of 2024 and ended ...
The consumer price index, an inflation gauge, rose 2.9% on an annual basis in December 2024 on the back of higher food and ...
A relatively benign U.S. reading on consumer price increases triggered a sharp relief rally in stocks and bonds on Wednesday, ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Progress on inflation should stall this year” as fiscal, immigration and trade policies shift, caution Bank of America ...