Investors also cheered a strong set of quarterly results from the biggest US banks. At the opening bell, the Dow Jones ...
Consumer inflation increased 2.9% in 2024, which is above the Federal Reserve's goal of 2%, but wages overall more than kept ...
Inflation is stuck well above 2%. So why are investors celebrating? At first glance, there was little to cheer in the December inflation data. The Consumer Price Index rose 2.9% from a year earlier, ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
U.S. government debt aggressively rallied after the monthly core inflation reading from Wednesday’s consumer-price index for December came in softer than expected, pushing yields across the Treasury c ...
US stocks soared as traders cheered encouraging inflation data, while the 10-year Treasury plunged 13 basis points.
New data from the Bureau of Labor Statistics out Wednesday showed that a key inflation metric eased for the first time since ...
U.S. inflation picked up in December as prices rose for gas, eggs, and used cars, yet underlying price pressures also showed ...
Inflation ended 2024 by moving slightly higher. The U.S. Bureau of Labor Statistics reports a 0.4% increase in the Consumer ...
Inflation data this week has come in below forecasts. Earnings season is off to a solid start. Is this the medicine the ...
Federal-funds futures on Wednesday were pointing to the Federal Reserve keeping its benchmark interest rate at the current level potentially until June, as traders assessed data showing that core U.S.
US consumer inflation rose for a third straight month in December as energy prices rose, according to government data ...