Inflation is proving stickier than expected, which could cause Fed to hit pause button on more interest rate cuts.
Consumer Price Index showed an acceleration to 2.9%, the highest rate since July. With such high inflation, the Fed is ...
A key inflation metric eased for the first time since July as investors debate the Federal Reserve's next interest rate ...
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 jump in energy prices was primarily responsible for the increase in the overall CPI, especially energy commodities (fuel ...
Bitcoin nears $100K as cooling core inflation in better-than-expected CPI data fuels optimism for a June rate cut.
The Consumer Price Index rose 2.9 percent from a year earlier, but a measure of underlying inflation was more encouraging.
This report is from today's CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to ...
Most stock markets in the Gulf ended higher on Wednesday ahead of highly anticipated U.S. consumer price index data, which ...
The Consumer Price Index increased 0.4% in December, compared to the previous month, the Bureau of Labor Statistics reported ...
U.S. consumer prices increased slightly more than expected in November as energy costs rose, pointing to an inflation trend ...
A strong “relief rally” took the market by storm today, flipping a switch as of tepid Consumer Price Index (CPI) numbers and healthy earnings from some of the biggest Wall Street banks. Investors are ...